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Lakeville, CT

Full City Profile · Connecticut · Northwest Hills Planning Region County

3.1 /5.0
B Good
641 Population 167/sq mi density
$95,156 Median Income $69,186 per capita
$822,200 Home Value $655,434 Zillow
48°F Avg Temperature 275 sunny days/yr
124 Violent Crime/100K 1,775 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$95,156 median income, 0.0% unemployment
D
Affordability
1.8 / 5.0
$822,200 home value, /mo rent
F
Safety
1.0 / 5.0
124 violent crimes/100K
A+
Education
5.0 / 5.0
74.7% bachelor's degree or higher

Housing Overview

Median Home Value
$822,200
192% above
US avg: $281,900
Homeownership Rate
73.2%
12% above US avg (65.4%)
Total Housing Units
471
Median year built: 1955

Home Value by Source

Census Median
$822,200
Zillow (ZHVI)
$655,434
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.2%
Owner-Occupied
26.8%
Renter-Occupied
73%
27%
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
26.6%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
73.2%

Complete Housing Data

Home Values

Census Median Value$822,200
Zillow Home Value (ZHVI)$655,434

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-Occupied73.2%
Renter-Occupied26.8%
Homeownership Rate73.2%
Total Housing Units471
Median Year Built1955
Rent Burden26.6%