Zip Code
06340
City
Groton, CT
Population & Migration
What is the forecasted population for Zip code 06340 Groton, CT?
- Population census 2020
- 30,486
- Forecasted population 2025
- 29,689
- -2.6% vs. 2020
- Forecasted population 2030
- 29,176
- -4.3% vs. 2020
Zip code 06340 Groton, CT population is forecasted to decrease -2.6% by 2025 (-7.3 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 29,689 people for 2025 zip code 06340 Groton, CT will generate a good demand for housing, which is expected to have an excess of -606 houses for 2030. Vacancy rate is 0.3 points above national US average.
- Total homes available 2020
- 14,124
- Estimated total home demand in 2030
- 13,517
- Total homes balance inventory
- -606
Average Household Income in zip code 06340 Groton, CT
from Internal Revenue Service
- Average household income in 2021
- $87,702
Affordability
- Affordability Index
- 3
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 06340 Groton, CT?
County total number of drinking water violations
2851
+1129%
232
County total number of drinking water contaminations
128
+482%
22
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