Living in Lyme, Connecticut
Cost of living, income, home prices, rent and demographics of Lyme · Census data 2020–2024
Lyme has 2,303 residents with a median age of 55.6. The median household income is $135,000 (41% higher than the Connecticut median), the median home value is $629,900, the median rent is $1,719/month.
Lyme at a glance
- Population
- 2,303
- Median age
- 55.6State: 41.1
- Median household income
- $135,000State: $95,781
- Median home value
- $629,900State: $366,900
- Median rent
- $1,719/moState: $1,488
- Homeowners
- 90.8%
- Bachelor's degree or higher
- 63.5%
- Average commute
- 31 min
Is Lyme a good place to live?
Pros: Median household income 41% higher than the Connecticut median; unemployment of 2.9%; a poverty rate of 2.9%.
Cons: Home values 72% higher than the state median; an average commute of 31 minutes.
The weather is best in June to September.
Cost of living in Lyme
Housing is the biggest part of the cost of living. In Lyme the median home value is $629,900, 89% higher than the U.S. median. Renters pay a median of $1,719 per month, which is 23% of household income. Homeowners with a mortgage pay $3,062 a month in housing costs.
Lyme median household income
The median household income in Lyme is $135,000 and the income per person is $96,157. 2.9% of residents live below the poverty line (Connecticut: 10%).
Housing in Lyme: homes for sale and rent
- Housing units
- 1,197
- Owner-occupied
- 90.8%
- Renter-occupied
- 9.2%
- Vacant
- 16.6%Includes seasonal homes
- Median year built
- 1967
- Average household size
- 2.30
Lyme demographics
- Population
- 2,303
- Median age
- 55.6
- Under 18
- 13.1%
- 65 and older
- 30.7%
- Households
- 998
- Foreign-born
- 4%
- Veterans
- 4.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Lyme ›
Education in Lyme
63.5% of adults 25 and older in Lyme have a bachelor's degree or higher (Connecticut: 42.5%), and 31.2% have a graduate or professional degree.
Jobs and commute in Lyme
- Unemployment rate
- 2.9%State: 5.6%
- Average commute
- 31 minState: 27 min
- Work from home
- 27.6%
- Drive alone
- 63%
- Public transit
- 3%
- Walk to work
- 4.7%
- Homes with broadband
- 98.9%
Lyme vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lyme | 2,303 | $135,000 | $629,900 | $1,719 |
| Essex Village | 2,705 | $102,885 | $751,900 | $2,056 |
| Essex | 6,794 | $104,395 | $552,000 | $1,623 |
| Deep River Center | 2,407 | $71,447 | $334,600 | $1,242 |
| Old Lyme | 7,679 | $131,899 | $484,200 | $2,238 |
| East Lyme | 18,721 | $105,044 | $412,600 | $1,462 |
| East Haddam | 8,969 | $107,861 | $352,700 | $1,242 |
| Chester Center | 2,026 | $89,375 | $422,500 | $1,473 |
| Salem | 4,282 | $123,245 | $403,600 | $1,440 |
More for people moving to Lyme
Lyme ZIP code ›Weather and climate ›Living in Lyme: FAQ
What is the median household income in Lyme, CT?
The median household income in Lyme is $135,000, 41% 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 Lyme?
The median home value in Lyme is $629,900, compared with $366,900 in Connecticut.
How much is rent in Lyme?
The median gross rent in Lyme is $1,719 per month, about 23% of household income.
Is Lyme, CT a good place to live?
Pluses: median household income 41% higher than the Connecticut median; unemployment of 2.9%; a poverty rate of 2.9%. Minuses: home values 72% higher than the state median; an average commute of 31 minutes.
What is the median age in Lyme?
The median age in Lyme is 55.6 years (Connecticut: 41.1).
How long is the commute in Lyme?
The average commute to work in Lyme is 31 minutes; 27.6% of workers work from home.
What is the unemployment rate in Lyme?
The unemployment rate in Lyme is 2.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lyme?
63.5% of adults in 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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