How much do homeowners pay a month in Fairfield, CT?
Homeowners with a mortgage in Fairfield, CT pay a median of $3,948 (±$151) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,500 or more.
65.7% of owned homes carry a mortgage.
In Fairfield, the median monthly cost with a mortgage went from $3,386 in 2015–2019 to $3,948 in 2020–2024 (+16.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $3,948 (±$151)
- Without a mortgage
- $1,500 or more
- Owned with a mortgage
- 65.7%
Monthly owner costs in Fairfield
| Fairfield | Greater Bridgeport Planning Region | Connecticut | United States | |
|---|---|---|---|---|
| With a mortgage | $3,948 (±$151) | $2,832 (±$44) | $2,429 (±$11) | $1,963 |
| Without a mortgage | $1,500 or more | $1,218 (±$30) | $1,071 (±$7) | $638 |
| Owned homes with a mortgage | 65.7% (±2.3 points) | 64.1% (±1.5 points) | 64.6% (±0.4 points) | 60.6% |
| Median real estate taxes (a year) | $10,000 or more | $8,670 (±$107) | $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 Fairfield, the median cost with a mortgage is higher than in Greater Bridgeport Planning Region ($2,832).
It is also higher than in Connecticut ($2,429).
It is higher than the national figure ($1,963).
In Greater Bridgeport Planning Region, Fairfield ranks 2 of 6 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 9 of 169.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Fairfield have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $3,386 (±$93) | $3,948 (±$151) | +16.6% | Down after inflation |
| Median home value | $611,500 (±$14,242) | $780,500 (±$31,984) | +27.6% | No measurable change 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 Fairfield
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Fairfield | — | $3,948 (±$151) | — |
| Staples | 3.1 mi | $4,000 or more | — |
| Coleytown | 3.7 mi | $4,000 or more | — |
| Bridgeport | 4.0 mi | $2,222 (±$63) | Lower |
| Greens Farms | 4.4 mi | $4,000 or more | — |
| Westport Village | 5.1 mi | $4,000 or more | — |
| Westport | 5.3 mi | $4,000 or more | — |
| Compo | 5.5 mi | $4,000 or more | — |
| Poplar Plains | 5.5 mi | $4,000 or more | — |
Nearby places with a measurably lower figure: Bridgeport, CT ($2,222).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Greater Bridgeport Planning Region, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Easton | $4,000 or more |
| 2 | Fairfield | $3,948 (±$151) |
| 3 | Trumbull | $3,425 (±$100) |
| 4 | Monroe | $3,225 (±$185) |
| 5 | Stratford | $2,347 (±$68) |
| 6 | Bridgeport | $2,222 (±$63) |
The figures for Fairfield include the places inside it that have pages of their own: Fairfield University, Mill Plain, Sacred Heart University, Southport.
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 Fairfield
What is the average mortgage payment in Fairfield?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Fairfield, CT is $3,948 (±$151) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Fairfield?
Owners without a mortgage in Fairfield pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Fairfield gone up?
In Fairfield, the median monthly cost with a mortgage went from $3,386 in 2015–2019 to $3,948 in 2020–2024 (+16.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Fairfield town, Greater Bridgeport Planning Region, Connecticut
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Fairfield town, Greater Bridgeport Planning Region, 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 Fairfield town, Greater Bridgeport Planning Region, Connecticut (county subdivision:26620, in state:09 county:120).
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 .
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