06277, Thompson, CT

Thompson, CT is located in the 6277 zip code. According to the 2010 census, the population of Thompson is 1,851. The median household income in Thompson is $60,000. Home equity and home prices in Thompson are among the highest in Connecticut.

The average home value in Thompson is $269,000. The median home equity value in Thompson is $139,200. Home prices have increased significantly over the past few years and are now among the highest values in Connecticut. In 2009, the average home value was $236,000 and the median home equity value was $116,600. In 2013, the average home value was $269,000 and the median home equity value was $139,200.

There are a number of factors that contribute to high home values in Thompson: proximity to major cities (New Haven and Hartford), low interest rates (5% or less), strong economy (recessionary years have not had a significant impact on prices), and limited inventory (many homes are already sold). There are also a number of restrictions on housing development that may contribute to high demand for homes in Thompson: there are no new homes being built within 10 miles of Thompson; no new homes can be built on forest land; no new homes can be built closer than 1/4 mile to any other existing residential property; no more than 4 single-family dwellings can be constructed within any given municipality; etc.