Living in Gales Ferry, Connecticut
Cost of living, income, home prices, rent and demographics of Gales Ferry · Census data 2020–2024
Gales Ferry has 1,141 residents with a median age of 40.7. The median household income is $80,735 (16% lower than the Connecticut median), the median home value is $335,100, the median rent is $2,201/month.
Gales Ferry is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Gales Ferry at a glance
- Population
- 1,141
- Median age
- 40.7State: 41.1
- Median household income
- $80,735State: $95,781
- Median home value
- $335,100State: $366,900
- Median rent
- $2,201/moState: $1,488
- Homeowners
- 79%
- Bachelor's degree or higher
- 43%
- Average commute
- 15 min
Is Gales Ferry a good place to live?
Pros: Home values 9% lower than the state median; an average commute of 15 minutes.
Cons: Median household income 16% lower than the Connecticut median; unemployment of 6%; a poverty rate of 28.6%.
The weather is best in June to September.
Cost of living in Gales Ferry
Housing is the biggest part of the cost of living. In Gales Ferry the median home value is $335,100, about the same as the U.S. median. Renters pay a median of $2,201 per month. Homeowners with a mortgage pay $2,621 a month in housing costs.
Gales Ferry median household income
The median household income in Gales Ferry is $80,735 and the income per person is $35,820. 28.6% of residents live below the poverty line (Connecticut: 10%).
Housing in Gales Ferry: homes for sale and rent
- Housing units
- 497
- Owner-occupied
- 79%
- Renter-occupied
- 21%
- Vacant
- 11.9%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 2.57
Gales Ferry demographics
- Population
- 1,141
- Median age
- 40.7
- Under 18
- 32.1%
- 65 and older
- 15.7%
- Households
- 438
- Foreign-born
- 5.6%
- Veterans
- 10.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Gales Ferry ›
Education in Gales Ferry
43% of adults 25 and older in Gales Ferry have a bachelor's degree or higher (Connecticut: 42.5%), and 20.6% have a graduate or professional degree.
Jobs and commute in Gales Ferry
- Unemployment rate
- 6%State: 5.6%
- Average commute
- 15 minState: 27 min
- Work from home
- 17.1%
- Drive alone
- 80.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Gales Ferry vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gales Ferry | 1,141 | $80,735 | $335,100 | $2,201 |
| Conning Towers-Nautilus Park | 8,460 | $81,694 | $290,100 | $1,856 |
| Oxoboxo River | 2,782 | $69,167 | $246,200 | $1,179 |
| Ledyard | 15,433 | $107,975 | $326,200 | $1,629 |
| Montville | 17,950 | $96,454 | $285,600 | $1,187 |
| Long Hill | 4,399 | $84,201 | $175,600 | $1,722 |
| Old Mystic | 3,340 | $130,903 | $342,500 | $1,602 |
| Waterford | 19,673 | $104,820 | $355,900 | $1,651 |
| New London | 27,625 | $59,098 | $253,300 | $1,340 |
More for people moving to Gales Ferry
Gales Ferry ZIP code ›Weather and climate ›Living in Gales Ferry: FAQ
What is the median household income in Gales Ferry, CT?
The median household income in Gales Ferry is $80,735, 16% 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 Gales Ferry?
The median home value in Gales Ferry is $335,100, compared with $366,900 in Connecticut.
How much is rent in Gales Ferry?
The median gross rent in Gales Ferry is $2,201 per month.
Is Gales Ferry, CT a good place to live?
Pluses: home values 9% lower than the state median; an average commute of 15 minutes. Minuses: median household income 16% lower than the Connecticut median; unemployment of 6%; a poverty rate of 28.6%.
What is the median age in Gales Ferry?
The median age in Gales Ferry is 40.7 years (Connecticut: 41.1).
How long is the commute in Gales Ferry?
The average commute to work in Gales Ferry is 15 minutes; 17.1% of workers work from home.
What is the unemployment rate in Gales Ferry?
The unemployment rate in Gales Ferry is 6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gales Ferry?
43% of adults in Gales Ferry 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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