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Cannondale, CT

Full City Profile · Connecticut · Western Connecticut Planning Region County

3.3 /5.0
B Good
677 Population 2,052/sq mi density
$250,001 Median Income $122,498 per capita
$1,892,900 Home Value $1,317,248 Zillow
50°F Avg Temperature 275 sunny days/yr
19 Violent Crime/100K 317 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$250,001 median income, 2.6% unemployment
C
Affordability
2.4 / 5.0
$1,892,900 home value, /mo rent
F
Safety
1.0 / 5.0
19 violent crimes/100K
A+
Education
5.0 / 5.0
67.5% bachelor's degree or higher

Housing Overview

Median Home Value
$1,892,900
571% above
US avg: $281,900
Homeownership Rate
88.7%
36% above US avg (65.4%)
Total Housing Units
86
Median year built: 1995

Home Value by Source

Census Median
$1,892,900
Zillow (ZHVI)
$1,317,248
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.7%
Owner-Occupied
11.3%
Renter-Occupied
89%
11%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,351/mo
1 Bedroom
$1,590/mo
2 Bedroom
$1,955/mo
3 Bedroom
$2,415/mo
4 Bedroom
$2,824/mo

Affordability & Housing Stock

Rent Burden
30.6%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
88.7%

Complete Housing Data

Home Values

Census Median Value$1,892,900
Zillow Home Value (ZHVI)$1,317,248

Rent

FMR Studio$1,351
FMR 1-Bedroom$1,590
FMR 2-Bedroom$1,955
FMR 3-Bedroom$2,415
FMR 4-Bedroom$2,824

Market

Ownership & Stock

Owner-Occupied88.7%
Renter-Occupied11.3%
Homeownership Rate88.7%
Total Housing Units86
Median Year Built1995
Rent Burden30.6%