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.

Median home value

Gales Ferry$335,100
Connecticut$366,900
United States$332,700

Median monthly rent

Gales Ferry$2,201
Connecticut$1,488
United States$1,413

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%).

Median household income

Gales Ferry$80,735
Connecticut$95,781
United States$80,734

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+

Race and ethnicity

White89.2%
Hispanic or Latino3.6%
Black3.1%
Asian0.4%

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.

Bachelor's degree or higher

Gales Ferry43%
Connecticut42.5%
United States35.7%

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

TownPopulationMedian incomeHome valueRent
Gales Ferry1,141$80,735$335,100$2,201
Conning Towers-Nautilus Park8,460$81,694$290,100$1,856
Oxoboxo River2,782$69,167$246,200$1,179
Ledyard15,433$107,975$326,200$1,629
Montville17,950$96,454$285,600$1,187
Long Hill4,399$84,201$175,600$1,722
Old Mystic3,340$130,903$342,500$1,602
Waterford19,673$104,820$355,900$1,651
New London27,625$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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