How much do homeowners pay a month in Cheshire Village, CT?
Homeowners with a mortgage in Cheshire Village, CT pay a median of $2,625 (±$137) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,339 (±$71).
58.9% of owned homes carry a mortgage.
In Cheshire Village, the median monthly cost with a mortgage went from $2,190 in 2015–2019 to $2,625 in 2020–2024 (+19.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $2,625 (±$137)
- Without a mortgage
- $1,339 (±$71)
- Owned with a mortgage
- 58.9%
Monthly owner costs in Cheshire Village
| Cheshire Village | Naugatuck Valley Planning Region | Connecticut | United States | |
|---|---|---|---|---|
| With a mortgage | $2,625 (±$137) | $2,229 (±$30) | $2,429 (±$11) | $1,963 |
| Without a mortgage | $1,339 (±$71) | $1,010 (±$15) | $1,071 (±$7) | $638 |
| Owned homes with a mortgage | 58.9% (±8.4 points) | 64.7% (±1.0 points) | 64.6% (±0.4 points) | 60.6% |
| Median real estate taxes (a year) | $7,314 (±$441) | $5,983 (±$59) | $6,643 (±$25) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Cheshire Village, the median cost with a mortgage is higher than in Naugatuck Valley Planning Region ($2,229).
It is also higher than in Connecticut ($2,429).
It is higher than the national figure ($1,963).
In Naugatuck Valley Planning Region, Cheshire Village ranks 2 of 8 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 56 of 131.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Cheshire Village have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,190 (±$168) | $2,625 (±$137) | +19.9% | No measurable change after inflation |
| Median real estate taxes | $6,255 (±$246) | $7,314 (±$441) | +16.9% | No measurable change after inflation |
| Median home value | $319,500 (±$15,177) | $424,100 (±$20,742) | +32.7% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Cheshire Village
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Cheshire Village | — | $2,625 (±$137) | — |
| Prospect | 4.1 mi | $2,465 (±$148) | Not measurably different |
| Plantsville | 5.5 mi | $2,115 (±$234) | Lower |
| Wallingford Center | 5.5 mi | $2,228 (±$162) | Lower |
| Wallingford | 5.7 mi | $2,284 (±$81) | Lower |
| Meriden | 5.8 mi | $1,986 (±$60) | Lower |
| Southington | 7.2 mi | $2,423 (±$100) | Lower |
| Wolcott | 7.3 mi | $2,287 (±$114) | Lower |
| Hamden | 7.5 mi | $2,402 (±$64) | Lower |
Nearby places with a measurably lower figure: Plantsville, CT ($2,115), Wallingford Center, CT ($2,228), Wallingford, CT ($2,284).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Naugatuck Valley Planning Region, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Woodbury Center | $2,735 (±$423) |
| 2 | Cheshire Village | $2,625 (±$137) |
| 3 | Bethlehem Village | $2,518 (±$530) |
| 4 | Watertown (community) | $2,402 (±$382) |
| 5 | Thomaston (community) | $2,179 (±$191) |
| 6 | Heritage Village | $2,144 (±$121) |
| 7 | Oakville | $2,132 (±$185) |
| 8 | Terryville | $1,850 (±$171) |
Cheshire Village is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Cheshire, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Cheshire Village
What is the average mortgage payment in Cheshire Village?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Cheshire Village, CT is $2,625 (±$137) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Cheshire Village?
Owners without a mortgage in Cheshire Village pay a median of $1,339 (±$71) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Cheshire Village gone up?
In Cheshire Village, the median monthly cost with a mortgage went from $2,190 in 2015–2019 to $2,625 in 2020–2024 (+19.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cheshire Village CDP, Connecticut
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Cheshire Village CDP, Connecticut
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Cheshire Village CDP, Connecticut
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Cheshire Village CDP, Connecticut
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Cheshire Village CDP, Connecticut
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Cheshire Village CDP, Connecticut (place:14200, in state:09).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Cheshire Village at a glance
- Median rent in Cheshire Village
- Rent by bedrooms in Cheshire Village
- Rent burden in Cheshire Village
- Renters and owners in Cheshire Village
- Income and affordability in Cheshire Village
- Home values in Cheshire Village
- Property taxes in Cheshire Village
- Types of homes in Cheshire Village
- Bedrooms in Cheshire Village
- Age of homes in Cheshire Village
- Heating fuel in Cheshire Village
- Commute and cars in Cheshire Village
- Population growth in Cheshire Village
- How long people stay in Cheshire Village
- Connecticut landlord and tenant rules
- Housing across Naugatuck Valley Planning Region
- Housing data for every place in Connecticut