ZIP 06031 vs ZIP 06018

Source:

Falls Village, CT — Canaan, CT

This side-by-side compares ZIP 06031 (Falls Village, CT) and ZIP 06018 (Canaan, CT) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 06031 has a population of 1,287 at 13 people per square mile, while ZIP 06018 has 2,865 at 93 per square mile. That difference in population size and density alone reshapes how every other metric should be interpreted — a higher-income ZIP with 1,200 residents behaves very differently from one with 45,000.

On income and education, ZIP 06031 reports a median household income of $106,875 against $68,917 in ZIP 06018, with per-capita income of $56,921 vs $45,284. The share of adults holding a bachelor's degree or higher is 55.5% in 06031 and 26.7% in 06018. Poverty rate reads 12.4% vs 15.9%, and unemployment 2.0% vs 6.9% — these four fields alone drive most of the difference in the scorecard grades you will see for each ZIP.

Housing separates these two ZIPs further: median home value sits at $464,500 in 06031 versus $280,200 in 06018, with median rent of $1,727 and $1,155 per month respectively. Homeownership rate is 81.8% vs 57.7%. When reading the comparison table below, focus on paired metrics rather than single winners — a ZIP with lower home values and lower income is not strictly "worse" if rent-to-income ratios and commute times land in the same zone. Every value is pulled from the exact same ACS table so the two columns are genuinely comparable.

Compare different ZIP codes:

vs
Metric
06031
Falls Village, CT
06018
Canaan, CT
Population 1,287 2,865
Median Household Income $106,875 $68,917
Per Capita Income $56,921 $45,284
Median Age 52 35.3
Bachelor's Degree or Higher 55.5% 26.7%
Poverty Rate 12.4% 15.9%
Unemployment Rate 2.0% 6.9%
Median Home Value $464,500 $280,200
Median Rent (monthly) $1,727 $1,155
Homeownership Rate 81.8% 57.7%
Population Density (per sq mi) 13 93

Values highlighted in green indicate the better metric where applicable. Source: U.S. Census Bureau ACS 2023.

Full Profile
06031
Falls Village, CT
View full ZIP profile →
Full Profile
06018
Canaan, CT
View full ZIP profile →

What are common questions about this comparison?

How do ZIP codes 06031 and 06018 compare?
ZIP 06031 (Falls Village, CT) has a population of 1,287 and a median household income of $106,875. ZIP 06018 (Canaan, CT) has a population of 2,865 and a median household income of $68,917.
Which ZIP code has higher income, 06031 or 06018?
ZIP 06031 (Falls Village, CT) has a higher median household income of $106,875 compared to $68,917 for ZIP 06018.
How do I compare two ZIP codes on PlainZIP?
Visit plainzip.com/compare, enter two 5-digit U.S. ZIP codes, and click Compare. You can also navigate directly to /compare/XXXXX-vs-YYYYY to share a specific comparison.

All data sourced from the U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2023).

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.

Data sourced from official U.S. Census ACS and HUD-USPS ZIP crosswalk data. See our methodology for details. Retrieved and formatted by PlainZIP Editorial.