Living in Woodmont, Connecticut

Cost of living, income, home prices, rent and demographics of Woodmont · Census data 2020–2024

Woodmont has 1,661 residents with a median age of 52.7. The median household income is $91,250 (5% lower than the Connecticut median), the median home value is $467,900, the median rent is $1,877/month.

Woodmont at a glance

Population
1,661
Median age
52.7State: 41.1
Median household income
$91,250State: $95,781
Median home value
$467,900State: $366,900
Median rent
$1,877/moState: $1,488
Homeowners
82.4%
Bachelor's degree or higher
57.8%
Average commute
29 min

Is Woodmont a good place to live?

Pros: Unemployment of 2.8%; a poverty rate of 1.9%.

Cons: Median household income 5% lower than the Connecticut median; home values 28% higher than the state median; an average commute of 29 minutes.

The weather is best in June to September.

Cost of living in Woodmont

Housing is the biggest part of the cost of living. In Woodmont the median home value is $467,900, 41% higher than the U.S. median. Renters pay a median of $1,877 per month, which is 24.9% of household income. Homeowners with a mortgage pay $2,711 a month in housing costs.

Median home value

Woodmont$467,900
Connecticut$366,900
United States$332,700

Median monthly rent

Woodmont$1,877
Connecticut$1,488
United States$1,413

Woodmont median household income

The median household income in Woodmont is $91,250 and the income per person is $71,104. 1.9% of residents live below the poverty line (Connecticut: 10%).

Median household income

Woodmont$91,250
Connecticut$95,781
United States$80,734

Housing in Woodmont: homes for sale and rent

Housing units
881
Owner-occupied
82.4%
Renter-occupied
17.6%
Vacant
6.4%Includes seasonal homes
Median year built
1938
Average household size
2.01

Woodmont demographics

Population
1,661
Median age
52.7
Under 18
14.8%
65 and older
30.9%
Households
825
Foreign-born
6.1%
Veterans
5.4%Adults 18+

Race and ethnicity

White92.7%
Hispanic or Latino3.9%
Black0.9%
Asian0.4%

Hispanic or Latino can be of any race. Population history of Woodmont ›

Education in Woodmont

57.8% of adults 25 and older in Woodmont have a bachelor's degree or higher (Connecticut: 42.5%), and 30.2% have a graduate or professional degree.

Bachelor's degree or higher

Woodmont57.8%
Connecticut42.5%
United States35.7%

Jobs and commute in Woodmont

Unemployment rate
2.8%State: 5.6%
Average commute
29 minState: 27 min
Work from home
18.8%
Drive alone
74.2%
Public transit
2.5%
Walk to work
1.5%
Homes with broadband
95.9%

Woodmont vs nearby towns

TownPopulationMedian incomeHome valueRent
Woodmont1,661$91,250$467,900$1,877
West Haven55,351$74,382$291,700$1,442
Orange14,315$142,325$491,500$2,172
Oronoque4,116$72,417$355,600$2,278
New Haven134,349$56,851$287,100$1,488
Stratford52,790$95,815$372,200$1,706
Stratford Downtown1,662$73,750$317,500$1,620
Lordship3,669$84,606$465,200$1,672
East Haven27,806$94,628$294,200$1,528

More for people moving to Woodmont

Woodmont ZIP code ›Weather and climate ›

Living in Woodmont: FAQ

What is the median household income in Woodmont, CT?

The median household income in Woodmont is $91,250, 5% 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 Woodmont?

The median home value in Woodmont is $467,900, compared with $366,900 in Connecticut.

How much is rent in Woodmont?

The median gross rent in Woodmont is $1,877 per month, about 24.9% of household income.

Is Woodmont, CT a good place to live?

Pluses: unemployment of 2.8%; a poverty rate of 1.9%. Minuses: median household income 5% lower than the Connecticut median; home values 28% higher than the state median; an average commute of 29 minutes.

What is the median age in Woodmont?

The median age in Woodmont is 52.7 years (Connecticut: 41.1).

How long is the commute in Woodmont?

The average commute to work in Woodmont is 29 minutes; 18.8% of workers work from home.

What is the unemployment rate in Woodmont?

The unemployment rate in Woodmont is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Woodmont?

57.8% of adults in Woodmont 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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