Living in East Lyme, Connecticut

Cost of living, income, home prices, rent and demographics of East Lyme · Census data 2020–2024

East Lyme has 18,721 residents with a median age of 49.1. The median household income is $105,044 (10% higher than the Connecticut median), the median home value is $412,600, the median rent is $1,462/month.

East Lyme at a glance

Population
18,721
Median age
49.1State: 41.1
Median household income
$105,044State: $95,781
Median home value
$412,600State: $366,900
Median rent
$1,462/moState: $1,488
Homeowners
75.6%
Bachelor's degree or higher
51.3%
Average commute
26 min

Is East Lyme a good place to live?

Pros: Median household income 10% higher than the Connecticut median; an average commute of 26 minutes; unemployment of 3.2%; a poverty rate of 5.5%.

Cons: Home values 12% higher than the state median.

The weather is best in June to September.

Cost of living in East Lyme

Housing is the biggest part of the cost of living. In East Lyme the median home value is $412,600, 24% higher than the U.S. median. Renters pay a median of $1,462 per month, which is 35.7% of household income. Homeowners with a mortgage pay $2,448 a month in housing costs.

Median home value

East Lyme$412,600
Connecticut$366,900
United States$332,700

Median monthly rent

East Lyme$1,462
Connecticut$1,488
United States$1,413

East Lyme median household income

The median household income in East Lyme is $105,044 and the income per person is $59,442. 5.5% of residents live below the poverty line (Connecticut: 10%).

Median household income

East Lyme$105,044
Connecticut$95,781
United States$80,734

Housing in East Lyme: homes for sale and rent

Housing units
9,283
Owner-occupied
75.6%
Renter-occupied
24.4%
Vacant
13.8%Includes seasonal homes
Median year built
1975
Average household size
2.23

East Lyme demographics

Population
18,721
Median age
49.1
Under 18
17.8%
65 and older
26.1%
Households
8,004
Foreign-born
9.4%
Veterans
8.6%Adults 18+

Race and ethnicity

White80.3%
Hispanic or Latino6.4%
Black3.2%
Asian6.9%

Hispanic or Latino can be of any race. Population history of East Lyme ›

Education in East Lyme

51.3% of adults 25 and older in East Lyme have a bachelor's degree or higher (Connecticut: 42.5%), and 24% have a graduate or professional degree.

Bachelor's degree or higher

East Lyme51.3%
Connecticut42.5%
United States35.7%

Jobs and commute in East Lyme

Unemployment rate
3.2%State: 5.6%
Average commute
26 minState: 27 min
Work from home
22.2%
Drive alone
70.1%
Public transit
0.4%
Walk to work
0.2%
Homes with broadband
95.1%

East Lyme vs nearby towns

TownPopulationMedian incomeHome valueRent
East Lyme18,721$105,044$412,600$1,462
Niantic3,123$81,250$396,000$1,478
Waterford19,673$104,820$355,900$1,651
Old Lyme7,679$131,899$484,200$2,238
Lyme2,303$135,000$629,900$1,719
New London27,625$59,098$253,300$1,340
Oxoboxo River2,782$69,167$246,200$1,179
Montville17,950$96,454$285,600$1,187
Old Saybrook Center1,659$93,875$466,100$1,414

More for people moving to East Lyme

East Lyme ZIP code ›Weather and climate ›

Living in East Lyme: FAQ

What is the median household income in East Lyme, CT?

The median household income in East Lyme is $105,044, 10% higher 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 East Lyme?

The median home value in East Lyme is $412,600, compared with $366,900 in Connecticut.

How much is rent in East Lyme?

The median gross rent in East Lyme is $1,462 per month, about 35.7% of household income.

Is East Lyme, CT a good place to live?

Pluses: median household income 10% higher than the Connecticut median; an average commute of 26 minutes; unemployment of 3.2%; a poverty rate of 5.5%. Minuses: home values 12% higher than the state median.

What is the median age in East Lyme?

The median age in East Lyme is 49.1 years (Connecticut: 41.1).

How long is the commute in East Lyme?

The average commute to work in East Lyme is 26 minutes; 22.2% of workers work from home.

What is the unemployment rate in East Lyme?

The unemployment rate in East Lyme is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is East Lyme?

51.3% of adults in East Lyme 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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