Cost of Living in Waterbury, CT
Population: 114,356 • 2026 Data
$51,642
Median Household Income
-33% vs national
$1,180
Median Monthly Rent
-12% vs national
$185,400
Median Home Value
-45% vs national
9.3%
Unemployment Rate
Housing in Waterbury
The median home value in Waterbury, CT is $185,400. Monthly rent for a typical unit averages $1,180, while total monthly housing costs (including utilities and insurance) average $1,273.
Rent-to-income ratio: 27.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Waterbury, CT is $51,642. The unemployment rate stands at 9.3%, with a labor force of 54,948 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.