ZIP 06340 vs ZIP 06320

Source:

Groton, CT — New London, CT

This side-by-side compares ZIP 06340 (Groton, CT) and ZIP 06320 (New London, CT) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 06340 has a population of 31,242 at 527 people per square mile, while ZIP 06320 has 27,617 at 1,926 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 06340 reports a median household income of $81,792 against $59,170 in ZIP 06320, with per-capita income of $47,211 vs $33,704. The share of adults holding a bachelor's degree or higher is 39.2% in 06340 and 28.7% in 06320. Poverty rate reads 12.7% vs 21.5%, and unemployment 4.6% vs 6.0% — 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 $294,700 in 06340 versus $253,300 in 06320, with median rent of $1,599 and $1,341 per month respectively. Homeownership rate is 44.5% vs 36.1%. 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
06340
Groton, CT
06320
New London, CT
Population 31,242 27,617
Median Household Income $81,792 $59,170
Per Capita Income $47,211 $33,704
Median Age 33.7 34.7
Bachelor's Degree or Higher 39.2% 28.7%
Poverty Rate 12.7% 21.5%
Unemployment Rate 4.6% 6.0%
Median Home Value $294,700 $253,300
Median Rent (monthly) $1,599 $1,341
Homeownership Rate 44.5% 36.1%
Population Density (per sq mi) 527 1,926

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

Full Profile
06340
Groton, CT
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06320
New London, CT
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What are common questions about this comparison?

How do ZIP codes 06340 and 06320 compare?
ZIP 06340 (Groton, CT) has a population of 31,242 and a median household income of $81,792. ZIP 06320 (New London, CT) has a population of 27,617 and a median household income of $59,170.
Which ZIP code has higher income, 06340 or 06320?
ZIP 06340 (Groton, CT) has a higher median household income of $81,792 compared to $59,170 for ZIP 06320.
How do I compare two ZIP codes on PlainZIP?
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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.