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Lake Chaffee, CT

Full City Profile · Connecticut · Capitol Planning Region County

3.9 /5.0
B+ Good
299 Population 2,300/sq mi density
$97,813 Median Income $43,218 per capita
$252,800 Home Value $326,837 Zillow
47°F Avg Temperature 271 sunny days/yr
213 Violent Crime/100K 1,689 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$97,813 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$252,800 home value, /mo rent
F
Safety
1.0 / 5.0
213 violent crimes/100K
A+
Education
4.7 / 5.0
45.7% bachelor's degree or higher

Income Overview

Median Household Income
$97,813
30% above
US avg: $75,149
Per Capita Income
$43,218
11% above
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Lake Chaffee vs. U.S. Average

Each bar shows Lake Chaffee’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$97,813
130%
Per Capita
US: $39,052
$43,218
111%
IRS Avg AGI
US: $72,000
$95,764
133%
Avg Weekly Wage
US: $1,432
$1,594
111%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,594
11% above US avg ($1,432)
Mean Commute Time
37 min
34% above US avg (28 min)
Work From Home
15.5%
2% above US avg (15.2%)
Drive Alone
82.1%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$110,914M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 82.1%
Public Transit 0%
Work From Home 15.5%
Other 2.4%
Average commute time
37 minutes
US avg: 28 min

Business Landscape

Total Establishments
36,617
Restaurants
2,315
Healthcare
3,406
Retail
3,102
Manufacturing
1,104

Tax & Financial

IRS Avg Adjusted Gross Income
$95,764
33% above US avg ($72,000)
Avg Property Tax
$8,203
134% above US avg ($3,500)
Cost of Living Index
103.6
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$97,813
Per Capita Income$43,218
IRS Avg Adjusted Gross Income$95,764
Avg Weekly Wage$1,594
County GDP$110,914M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate0.0%
Gini Coefficient0.472
Cost of Living Index103.6

Commute

Mean Commute37 minutes
Drive Alone82.1%
Public Transit0.0%
Work From Home15.5%

Businesses

Total Establishments36,617
Restaurants2,315
Healthcare3,406
Retail3,102
Manufacturing1,104

Tax

IRS Avg AGI$95,764
Avg Property Tax$8,203