What percentage of people rent in Wolcott, CT?
11.6% (±4.2 points) of the occupied homes in Wolcott, CT are rented (2020–2024 American Community Survey).
That is 724 renting households against 5,524 that own their home.
In Wolcott, the share of households that rent went from 15.1% in 2015–2019 to 11.6% in 2020–2024 (−3.5 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 11.6% (±4.2 points)
- Renting households
- 724 (±273)
- Median renter income
- $98,119 (±$93,615)
Who rents and who owns in Wolcott
| Wolcott | Naugatuck Valley Planning Region | Connecticut | United States | |
|---|---|---|---|---|
| Renter-occupied share | 11.6% (±4.2 points) | 31.4% (±1.0 points) | 33.5% (±0.3 points) | 34.8% |
| Renting households | 724 (±273) | 56,640 (±1,856) | 481,018 (±4,678) | 45,017,354 |
| Owning households | 5,524 (±351) | 123,476 (±2,007) | 952,989 (±5,585) | 84,210,142 |
| Average renter household size | 2.2 (±0.5) | 2.2 (±0.0) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.1) | 2.6 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $98,119 (±$93,615) | $45,215 (±$1,823) | $52,072 (±$906) | $52,966 |
| Median owner household income | $114,057 (±$9,479) | $111,246 (±$2,132) | $125,125 (±$969) | $100,009 |
In Wolcott, the renter share is lower than in Naugatuck Valley Planning Region (31.4%).
It is also lower than in Connecticut (33.5%).
It is lower than the national figure (34.8%).
In Naugatuck Valley Planning Region, Wolcott ranks 17 of 19 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 126 of 169.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Wolcott has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 15.1% (±3.2 points) | 11.6% (±4.2 points) | −3.5 percentage points | Not a measurable change |
| Median gross rent | $1,362 (±$137) | $1,464 (±$913) | +7.5% | No measurable change after inflation |
| Median household income | $95,257 (±$4,534) | $110,850 (±$9,536) | +16.4% | 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.
Households that rent in places near Wolcott
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Wolcott | — | 11.6% (±4.2 points) | — |
| Plantsville | 4.0 mi | 36.2% (±16.7 points) | Higher |
| Waterbury | 4.3 mi | 52.8% (±2.2 points) | Higher |
| Southington | 4.7 mi | 18.9% (±2.5 points) | Higher |
| Plymouth | 5.8 mi | 23.3% (±4.8 points) | Higher |
| Terryville | 6.1 mi | 34.7% (±7.7 points) | Higher |
| Bristol | 6.1 mi | 35.1% (±2.0 points) | Higher |
| Oakville | 6.3 mi | 24.6% (±6.2 points) | Higher |
| Prospect | 6.6 mi | 6.5% (±3.6 points) | Not measurably different |
Nearby places with a measurably higher figure: Plantsville, CT (36.2%), Waterbury, CT (52.8%), Southington, CT (18.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Naugatuck Valley Planning Region, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 11 | Woodbury | 22.1% (±5.3 points) |
| 12 | Watertown | 16.1% (±4.0 points) |
| 13 | Beacon Falls | 14.5% (±6.6 points) |
| 14 | Cheshire | 13.4% (±2.8 points) |
| 15 | Middlebury | 12.2% (±8.6 points) |
| 16 | Southbury | 11.8% (±2.7 points) |
| 17 | Wolcott | 11.6% (±4.2 points) |
| 18 | Oxford | 9.6% (±3.6 points) |
| 19 | Prospect | 6.5% (±3.6 points) |
Showing 9 of 19 places in Naugatuck Valley Planning Region, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Wolcott
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Questions about Wolcott
How many renters are there in Wolcott?
Wolcott has an estimated 724 (±273) renting households, 11.6% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Wolcott?
In Wolcott, the share of households that rent went from 15.1% in 2015–2019 to 11.6% in 2020–2024 (−3.5 percentage points), not a measurable change.
How big are renting households in Wolcott?
A renting household in Wolcott has 2.2 people on average, against 2.6 in an owned home.
How much do renters earn in Wolcott?
The median renting household in Wolcott, CT has an income of $98,119 (±$93,615) a year, against $114,057 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Wolcott town, Naugatuck Valley Planning Region, Connecticut
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Wolcott town, Naugatuck 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) and detailed tables (acs/acs5) for Wolcott town, Naugatuck Valley Planning Region, Connecticut (county subdivision:87560, in state:09 county:140).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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
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- Connecticut landlord and tenant rules
- Housing across Naugatuck Valley Planning Region
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- Housing data for every place in Connecticut