Living in Coventry Lake, Connecticut
Cost of living, income, home prices, rent and demographics of Coventry Lake · Census data 2020–2024
Coventry Lake has 2,647 residents with a median age of 44.7. The median household income is $73,224 (24% lower than the Connecticut median), the median home value is $262,700, the median rent is $1,353/month.
Coventry Lake at a glance
- Population
- 2,647
- Median age
- 44.7State: 41.1
- Median household income
- $73,224State: $95,781
- Median home value
- $262,700State: $366,900
- Median rent
- $1,353/moState: $1,488
- Homeowners
- 86.1%
- Bachelor's degree or higher
- 44.8%
- Average commute
- 26 min
Is Coventry Lake a good place to live?
Pros: Home values 28% lower than the state median; an average commute of 26 minutes.
Cons: Median household income 24% lower than the Connecticut median; unemployment of 6.4%; a poverty rate of 15.7%.
The weather is best in June to September.
Cost of living in Coventry Lake
Housing is the biggest part of the cost of living. In Coventry Lake the median home value is $262,700, 21% lower than the U.S. median. Renters pay a median of $1,353 per month, which is 51% of household income. Homeowners with a mortgage pay $1,556 a month in housing costs.
Coventry Lake median household income
The median household income in Coventry Lake is $73,224 and the income per person is $44,135. 15.7% of residents live below the poverty line (Connecticut: 10%).
Housing in Coventry Lake: homes for sale and rent
- Housing units
- 1,390
- Owner-occupied
- 86.1%
- Renter-occupied
- 13.9%
- Vacant
- 6.6%Includes seasonal homes
- Median year built
- 1953
- Average household size
- 2.04
Coventry Lake demographics
- Population
- 2,647
- Median age
- 44.7
- Under 18
- 16.3%
- 65 and older
- 19.5%
- Households
- 1,298
- Foreign-born
- 3.1%
- Veterans
- 7.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Coventry Lake ›
Education in Coventry Lake
44.8% of adults 25 and older in Coventry Lake have a bachelor's degree or higher (Connecticut: 42.5%), and 20.3% have a graduate or professional degree.
Jobs and commute in Coventry Lake
- Unemployment rate
- 6.4%State: 5.6%
- Average commute
- 26 minState: 27 min
- Work from home
- 12.8%
- Drive alone
- 81.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.1%
Coventry Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Coventry Lake | 2,647 | $73,224 | $262,700 | $1,353 |
| Coventry | 12,326 | $108,213 | $330,000 | $1,232 |
| South Coventry | 1,434 | $107,767 | $324,500 | $939 |
| Andover | 3,152 | $134,632 | $376,500 | $1,166 |
| Storrs | 15,207 | $37,839 | $325,100 | $1,678 |
| Bolton | 4,853 | $126,364 | $367,600 | $1,127 |
| Mansfield | 25,358 | $72,393 | $335,400 | $1,602 |
| Columbia | 5,300 | $127,000 | $361,500 | $966 |
| Tolland | 14,606 | $133,264 | $365,500 | $1,680 |
More for people moving to Coventry Lake
Coventry Lake ZIP code ›Weather and climate ›Living in Coventry Lake: FAQ
What is the median household income in Coventry Lake, CT?
The median household income in Coventry Lake is $73,224, 24% lower than the Connecticut median of $95,781 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Coventry Lake?
The median home value in Coventry Lake is $262,700, compared with $366,900 in Connecticut.
How much is rent in Coventry Lake?
The median gross rent in Coventry Lake is $1,353 per month, about 51% of household income.
Is Coventry Lake, CT a good place to live?
Pluses: home values 28% lower than the state median; an average commute of 26 minutes. Minuses: median household income 24% lower than the Connecticut median; unemployment of 6.4%; a poverty rate of 15.7%.
What is the median age in Coventry Lake?
The median age in Coventry Lake is 44.7 years (Connecticut: 41.1).
How long is the commute in Coventry Lake?
The average commute to work in Coventry Lake is 26 minutes; 12.8% of workers work from home.
What is the unemployment rate in Coventry Lake?
The unemployment rate in Coventry Lake is 6.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Coventry Lake?
44.8% of adults in Coventry Lake have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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