Cost of Living in Danbury, CT
Population: 86,086 • 2026 Data
$83,422
Median Household Income
+8% vs national
$1,804
Median Monthly Rent
+34% vs national
$381,600
Median Home Value
+13% vs national
6.3%
Unemployment Rate
Housing in Danbury
The median home value in Danbury, CT is $381,600. Monthly rent for a typical unit averages $1,804, while total monthly housing costs (including utilities and insurance) average $1,892.
Rent-to-income ratio: 25.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Danbury, CT is $83,422. The unemployment rate stands at 6.3%, with a labor force of 49,838 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.