How much do homeowners pay a month in Lakes West, CT?
Homeowners with a mortgage in Lakes West, CT pay a median of $3,747 (±$277) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,500 or more.
76.0% of owned homes carry a mortgage.
Figures last updated on .
- With a mortgage
- $3,747 (±$277)
- Without a mortgage
- $1,500 or more
- Owned with a mortgage
- 76.0%
Monthly owner costs in Lakes West
| Lakes West | Western Connecticut Planning Region | Connecticut | United States | |
|---|---|---|---|---|
| With a mortgage | $3,747 (±$277) | $3,494 (±$44) | $2,429 (±$11) | $1,963 |
| Without a mortgage | $1,500 or more | $1,431 (±$31) | $1,071 (±$7) | $638 |
| Owned homes with a mortgage | 76.0% (±14.7 points) | 67.1% (±0.9 points) | 64.6% (±0.4 points) | 60.6% |
| Median real estate taxes (a year) | $10,000 or more | $9,295 (±$98) | $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 Lakes West, the median cost with a mortgage is not measurably different from Western Connecticut Planning Region ($3,494).
It is also higher than in Connecticut ($2,429).
It is higher than the national figure ($1,963).
In Western Connecticut Planning Region, Lakes West ranks 24 of 33 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 26 of 131.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Median monthly cost with a mortgage in places near Lakes West
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Lakes West | — | $3,747 (±$277) | — |
| Lakes East | 1.1 mi | $3,125 (±$757) | Not measurably different |
| Ridgebury | 1.9 mi | $4,000 or more | — |
| Route 7 Gateway | 2.3 mi | $3,872 (±$735) | Not measurably different |
| Peach Lake | 4.1 mi | $3,426 (±$1,233) | Not measurably different |
| Danbury | 4.7 mi | $2,476 (±$65) | Lower |
| Ridgefield (community) | 4.7 mi | $4,000 or more | — |
| Town of North Salem | 5.3 mi | $4,000 or more | — |
| Bethel (community) | 5.3 mi | $2,627 (±$138) | Lower |
Nearby places with a measurably lower figure: Danbury, CT ($2,476), Bethel (community), CT ($2,627).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Western Connecticut Planning Region, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 (tie) | South Wilton | $4,000 or more |
| 1 (tie) | Staples | $4,000 or more |
| 1 (tie) | Tokeneke | $4,000 or more |
| 1 (tie) | Westport Village | $4,000 or more |
| 22 | Georgetown | $3,961 (±$638) |
| 23 | Route 7 Gateway | $3,872 (±$735) |
| 24 | Lakes West | $3,747 (±$277) |
| 25 | Byram | $3,596 (±$693) |
| 26 | Wilton Center | $3,590 (±$352) |
| 27 | Pemberwick | $3,278 (±$552) |
| 28 | Inglenook | $3,179 (±$2,701) |
| 29 | Lakes East | $3,125 (±$757) |
| 30 | Sandy Hook | $3,027 (±$184) |
Showing 13 of 33 places in Western Connecticut Planning Region, ranked from highest to lowest.
Lakes West is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Ridgefield, 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 Lakes West
What is the average mortgage payment in Lakes West?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lakes West, CT is $3,747 (±$277) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Lakes West?
Owners without a mortgage in Lakes West pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lakes West CDP, Connecticut
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lakes West CDP, Connecticut
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lakes West CDP, Connecticut
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lakes West CDP, Connecticut
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lakes West 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 Lakes West CDP, Connecticut (place:41736, 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 Lakes West at a glance
- Income and affordability in Lakes West
- Home values in Lakes West
- Property taxes in Lakes West
- Types of homes in Lakes West
- Age of homes in Lakes West
- Heating fuel in Lakes West
- Commute and cars in Lakes West
- Connecticut landlord and tenant rules
- Housing across Western Connecticut Planning Region
- Housing data for every place in Connecticut