Living in New Preston, Connecticut
Cost of living, income, home prices, rent and demographics of New Preston · Census data 2020–2024
New Preston has 1,146 residents with a median age of 51.8. The median household income is $76,406 (20% lower than the Connecticut median), the median home value is $452,600.
New Preston is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
New Preston at a glance
- Population
- 1,146
- Median age
- 51.8State: 41.1
- Median household income
- $76,406State: $95,781
- Median home value
- $452,600State: $366,900
- Homeowners
- 85.1%
- Bachelor's degree or higher
- 57.8%
- Average commute
- 29 min
Is New Preston a good place to live?
Cons: Median household income 20% lower than the Connecticut median; home values 23% higher than the state median; an average commute of 29 minutes; unemployment of 5.9%; a poverty rate of 15.8%.
The weather is best in May–June and August–September.
Cost of living in New Preston
Housing is the biggest part of the cost of living. In New Preston the median home value is $452,600, 36% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,110 a month in housing costs.
New Preston median household income
The median household income in New Preston is $76,406 and the income per person is $60,321. 15.8% of residents live below the poverty line (Connecticut: 10%).
Housing in New Preston: homes for sale and rent
- Housing units
- 592
- Owner-occupied
- 85.1%
- Renter-occupied
- 14.9%
- Vacant
- 28.4%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.43
New Preston demographics
- Population
- 1,146
- Median age
- 51.8
- Under 18
- 16.9%
- 65 and older
- 31.3%
- Households
- 424
- Foreign-born
- 7.9%
- Veterans
- 1.4%Adults 18+
Hispanic or Latino can be of any race. Population history of New Preston ›
Education in New Preston
57.8% of adults 25 and older in New Preston have a bachelor's degree or higher (Connecticut: 42.5%), and 19.2% have a graduate or professional degree.
Jobs and commute in New Preston
- Unemployment rate
- 5.9%State: 5.6%
- Average commute
- 29 minState: 27 min
- Work from home
- 32.3%
- Drive alone
- 41.2%
- Public transit
- 3.9%
- Walk to work
- 9.6%
- Homes with broadband
- 98.6%
New Preston vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Preston | 1,146 | $76,406 | $452,600 | — |
| Washington | 3,676 | $101,549 | $660,200 | $1,204 |
| Warren | 1,415 | $134,583 | $450,000 | — |
| Morris | 2,164 | $109,191 | $396,000 | $1,204 |
| Kent | 3,056 | $96,064 | $470,900 | $688 |
| Bethlehem | 3,423 | $108,929 | $410,900 | $1,127 |
| Bethlehem Village | 2,195 | $109,256 | $380,500 | $1,036 |
| New Milford | 28,334 | $106,411 | $391,500 | $1,609 |
| Gaylordsville | 740 | $122,407 | $481,500 | — |
More for people moving to New Preston
New Preston ZIP code ›Weather and climate ›Living in New Preston: FAQ
What is the median household income in New Preston, CT?
The median household income in New Preston is $76,406, 20% 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 New Preston?
The median home value in New Preston is $452,600, compared with $366,900 in Connecticut.
Is New Preston, CT a good place to live?
Minuses: median household income 20% lower than the Connecticut median; home values 23% higher than the state median; an average commute of 29 minutes; unemployment of 5.9%; a poverty rate of 15.8%.
What is the median age in New Preston?
The median age in New Preston is 51.8 years (Connecticut: 41.1).
How long is the commute in New Preston?
The average commute to work in New Preston is 29 minutes; 32.3% of workers work from home.
What is the unemployment rate in New Preston?
The unemployment rate in New Preston is 5.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Preston?
57.8% of adults in New Preston 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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