Is Old Lyme, CT growing?
Old Lyme, CT had an estimated 7,679 (±18) residents in 2020–2024, against 7,396 in 2015–2019.
That is a change of +3.8%, a measurable increase.
Its housing went from 4,939 to 4,598 homes (−6.9%), not a measurable change.
0.5% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 7,679 (±18)
- Amount of change
- +3.8%
- Homes change
- −6.9%
- Built 2020 or later
- 0.5%
Residents and homes in Old Lyme, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 7,396 (±21) | 7,679 (±18) | +3.8% | Measurable increase |
| Housing units | 4,939 (±217) | 4,598 (±269) | −6.9% | Not a measurable change |
| Households that rent | 20.4% (±4.6 points) | 11.2% (±3.0 points) | −9.2 percentage points | Measurable decrease |
| Median gross rent | $1,334 (±$161) | $2,238 (±$295) | +67.8% | Up after inflation |
| Median home value | $387,200 (±$16,086) | $484,200 (±$21,146) | +25.1% | 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.
Growth in Old Lyme against Lower Connecticut River Valley Planning Region, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Old Lyme | +3.8% | Measurable increase | −6.9% |
| Lower Connecticut River Valley Planning Region | — | — | — |
| Connecticut | +1.4% | Measurable increase | +1.7% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Old Lyme
| Year built | Old Lyme | Lower Connecticut River Valley Planning Region | Connecticut | United States |
|---|---|---|---|---|
| 2020 or later | 0.5% (±0.5 points) | 0.4% | 0.7% | 2.0% |
| 2010 to 2019 | 1.5% (±0.7 points) | 4.1% | 4.5% | 9.4% |
| 2000 to 2009 | 7.0% (±2.1 points) | 9.1% | 7.1% | 13.6% |
2.0% of the homes in Old Lyme were built in 2010 or later.
The median age of residents is 50.6 years.
Growth in places near Old Lyme
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Old Lyme | — | 7,679 | +3.8% | Measurable increase |
| Old Saybrook Center | 3.2 mi | 1,659 | −27.7% | Measurable decrease |
| Old Saybrook | 4.2 mi | 10,575 | +4.8% | Measurable increase |
| East Lyme | 5.0 mi | 18,721 | 0.0% | Not a measurable change |
| Essex Village | 5.5 mi | 2,705 | +9.1% | Not a measurable change |
| Niantic | 5.5 mi | 3,123 | +6.4% | Not a measurable change |
| Saybrook Manor | 5.6 mi | 1,358 | +45.6% | Not a measurable change |
| Lyme | 6.1 mi | 2,303 | −7.8% | Not a measurable change |
| Essex | 6.2 mi | 6,794 | +2.9% | Measurable increase |
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 Old Lyme
Is Old Lyme growing?
Old Lyme, CT had an estimated 7,679 residents in 2020–2024 and 7,396 in 2015–2019, a change of +3.8%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Old Lyme?
The estimated number of housing units went from 4,939 in 2015–2019 to 4,598 in 2020–2024 (−6.9%), not a measurable change.
How much new construction is there in Old Lyme?
0.5% of homes in Old Lyme were built in 2020 or later and 1.5% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Old Lyme town, Lower Connecticut River Valley Planning Region, Connecticut
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Old Lyme town, Lower Connecticut River Valley 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) for Old Lyme town, Lower Connecticut River Valley Planning Region, Connecticut (county subdivision:57040, in state:09 county:130).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
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 Old Lyme at a glance
- Median rent in Old Lyme
- Rent by bedrooms in Old Lyme
- Rent burden in Old Lyme
- Renters and owners in Old Lyme
- Income and affordability in Old Lyme
- Home values in Old Lyme
- Homeowner costs in Old Lyme
- Property taxes in Old Lyme
- Types of homes in Old Lyme
- Bedrooms in Old Lyme
- Age of homes in Old Lyme
- Heating fuel in Old Lyme
- Commute and cars in Old Lyme
- How long people stay in Old Lyme
- Crowding and facilities in Old Lyme
- Fair Market Rent in Old Lyme
- Connecticut landlord and tenant rules
- Housing across Lower Connecticut River Valley Planning Region
- Housing data for every place in Connecticut