Living in Niantic, Connecticut
Cost of living, income, home prices, rent and demographics of Niantic · Census data 2020–2024
Niantic has 3,123 residents with a median age of 58.4. The median household income is $81,250 (15% lower than the Connecticut median), the median home value is $396,000, the median rent is $1,478/month.
Niantic at a glance
- Population
- 3,123
- Median age
- 58.4State: 41.1
- Median household income
- $81,250State: $95,781
- Median home value
- $396,000State: $366,900
- Median rent
- $1,478/moState: $1,488
- Homeowners
- 72.5%
- Bachelor's degree or higher
- 48.2%
- Average commute
- 24 min
Is Niantic a good place to live?
Pros: An average commute of 24 minutes; unemployment of 3.4%; a poverty rate of 3.6%.
Cons: Median household income 15% lower than the Connecticut median; home values 8% higher than the state median.
The weather is best in June to September.
Cost of living in Niantic
Housing is the biggest part of the cost of living. In Niantic the median home value is $396,000, 19% higher than the U.S. median. Renters pay a median of $1,478 per month, which is 31.6% of household income. Homeowners with a mortgage pay $2,110 a month in housing costs.
Niantic median household income
The median household income in Niantic is $81,250 and the income per person is $52,077. 3.6% of residents live below the poverty line (Connecticut: 10%).
Housing in Niantic: homes for sale and rent
- Housing units
- 1,841
- Owner-occupied
- 72.5%
- Renter-occupied
- 27.5%
- Vacant
- 20%Includes seasonal homes
- Median year built
- 1953
- Average household size
- 2.08
Niantic demographics
- Population
- 3,123
- Median age
- 58.4
- Under 18
- 14.4%
- 65 and older
- 35.4%
- Households
- 1,472
- Foreign-born
- 6.2%
- Veterans
- 8%Adults 18+
Hispanic or Latino can be of any race. Population history of Niantic ›
Education in Niantic
48.2% of adults 25 and older in Niantic have a bachelor's degree or higher (Connecticut: 42.5%), and 25.9% have a graduate or professional degree.
Jobs and commute in Niantic
- Unemployment rate
- 3.4%State: 5.6%
- Average commute
- 24 minState: 27 min
- Work from home
- 20.8%
- Drive alone
- 71%
- Public transit
- 1.4%
- Walk to work
- 0%
- Homes with broadband
- 96%
Niantic vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Niantic | 3,123 | $81,250 | $396,000 | $1,478 |
| East Lyme | 18,721 | $105,044 | $412,600 | $1,462 |
| Waterford | 19,673 | $104,820 | $355,900 | $1,651 |
| Old Lyme | 7,679 | $131,899 | $484,200 | $2,238 |
| New London | 27,625 | $59,098 | $253,300 | $1,340 |
| Groton | 9,490 | $79,577 | $306,600 | $1,250 |
| Old Saybrook Center | 1,659 | $93,875 | $466,100 | $1,414 |
| Long Hill | 4,399 | $84,201 | $175,600 | $1,722 |
| Conning Towers-Nautilus Park | 8,460 | $81,694 | $290,100 | $1,856 |
More for people moving to Niantic
Niantic ZIP code ›Weather and climate ›Living in Niantic: FAQ
What is the median household income in Niantic, CT?
The median household income in Niantic is $81,250, 15% 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 Niantic?
The median home value in Niantic is $396,000, compared with $366,900 in Connecticut.
How much is rent in Niantic?
The median gross rent in Niantic is $1,478 per month, about 31.6% of household income.
Is Niantic, CT a good place to live?
Pluses: an average commute of 24 minutes; unemployment of 3.4%; a poverty rate of 3.6%. Minuses: median household income 15% lower than the Connecticut median; home values 8% higher than the state median.
What is the median age in Niantic?
The median age in Niantic is 58.4 years (Connecticut: 41.1).
How long is the commute in Niantic?
The average commute to work in Niantic is 24 minutes; 20.8% of workers work from home.
What is the unemployment rate in Niantic?
The unemployment rate in Niantic is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Niantic?
48.2% of adults in Niantic 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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