06226, Willimantic, CT

The 6226 zip code of Willimantic, CT has a median home value of $191,000 and a median home equity of $128,000. This is higher than the Connecticut median home value of $172,500 and the national median home equity of $141,700. The 6226 zip code also has a high rate of homeownership at 71%. This is higher than the Connecticut homeownership rate of 66% and the national homeownership rate of 63%.

The 6226 zip code has a low unemployment rate at 3.5%, which is lower than the Connecticut unemployment rate of 4.4% and the national unemployment rate of 5.1%. The 6226 zip code also has a low poverty rate at 10% compared to the Connecticut poverty rate of 14% and the national poverty rate of 15%.

There are many factors that contribute to the high home values in the 6226 zip code including its high homeownership rates, low rates of unemployment, and low rates of poverty. Additionally, Willimantic is located in one of the most affluent areas in Connecticut with a median household income above $100,000. These factors have led to an increase in demand for homes in this area which has contributed to increased home values.