ZIP Code 06031

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Source:

Falls Village · Litchfield County · Connecticut

Population
1,287

13/sq mi

Median income
$106,875

▲ 40% vs US

higher than 85% of US ZIPs

Median home value
$464,500

▲ 67% vs US

higher than 85% of US ZIPs

Bachelor's or higher
55.5%

Median age 52

Land area
99.8 sq mi

New York

ZIP code 06031 in Falls Village, Connecticut has a population of 1,287. The median household income is $106,875, which is 40% above the national average. Median home value is $464,500, 67% above the US average. 55.5% of residents hold a bachelor's degree or higher.

ZIP code 06031 is classified by USPS as a standard delivery area and covers roughly 99.8 square miles in Falls Village, Litchfield County, Connecticut. The area is home to 1,287 residents, producing a population density of 13 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 06031 against Connecticut and the nation.

On the economic side, the median household income for ZIP 06031 sits at $106,875 (5% below the Connecticut average), while per-capita income is $56,921. The poverty rate stands at 12.4% and the unemployment rate at 2.0%. On housing, the median home value is $464,500 (7% above the state average) with median rent at $1,727 per month, and 81.8% of occupied units are owner-occupied, a direct signal of whether 06031 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 55.5% of adults hold a bachelor's degree or higher, the median age is 52, and the average commute is 20 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Litchfield County, so you can benchmark 06031 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 06031

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 06031.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 06031, Falls Village, CT · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

1,287

Population

99.8

Area (sq mi)

13

People / sq mi

New York

Time Zone

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ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 06031?

52.0

Median Age

52.6%

Male

47.4%

Female

8.7%

Foreign-Born

White 92.9%
African American 1.3%
Asian 0.4%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.0%
Hispanic or Latino 3.0%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$106,875

Median Household Income

-5% vs state

$56,921

Per Capita Income

12.4%

Poverty Rate

2.0%

Unemployment Rate

20.3 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 74.4%
Bachelor's Degree or Higher 55.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

809

Total Housing Units

621

Occupied Units

188

Vacant Units

2.45

Avg Household Size

Occupancy Type

Owner 81.8%
Renter 18.2%

$464,500

Median Home Value

+7% vs state

$1,727

Median Rent

1949

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What businesses operate in this ZIP?

Census Bureau data shows 38 business establishments in ZIP 06031, employing approximately 236 people with a combined annual payroll of $12,435,000.

38

Businesses

236

Employees

$12.4M

Annual Payroll

6

Industry Sectors

Industry Establishments % of Total
Construction 10 26.3%
Administrative and support and waste management and remediation services 5 13.2%
Retail trade 4 10.5%
Health care and social assistance 4 10.5%
Information 3 7.9%
Other services (except public administration) 3 7.9%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 06031 vs 06018 →

ZIP Code City Population Distance
06018 Canaan, CT 2,865 4.8 mi
06024 East Canaan, CT 647 4.4 mi
06796 West Cornwall, CT 1,009 6.1 mi
01222 Ashley Falls, MA 829 7.0 mi
06039 Lakeville, CT 1,942 6.6 mi
06058 Norfolk, CT 1,787 6.3 mi
06068 Salisbury, CT 1,612 6.6 mi
01257 Sheffield, MA 2,121 10.0 mi
06756 Goshen, CT 2,853 8.7 mi
01259 Southfield, MA 635 9.2 mi

More ZIP Codes in Litchfield County

Frequently Asked Questions

What county is ZIP code 06031 in?
ZIP code 06031 (Falls Village) is located in Litchfield County, Connecticut. Litchfield County contains multiple ZIP codes, see the full list at /counties/litchfield-ct.
What is the population of ZIP code 06031?
ZIP code 06031 in Falls Village, CT has a population of 1,287 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 06031?
The median household income in ZIP 06031 is $106,875, which is 40% above the national average of $76,288.
What is the average home value in ZIP 06031?
The median home value in ZIP 06031 is $464,500, which is 67% above the national average of $278,155.
What is the demographic makeup of ZIP 06031?
The largest racial group in ZIP 06031 is White at 92.9%. Hispanic or Latino residents make up 3.0% of the population.
How many businesses are in ZIP code 06031?
ZIP code 06031 has 38 business establishments employing approximately 236 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 06031?
The top industries by establishment count in ZIP 06031 are: Construction (10), Administrative and support and waste management and remediation services (5), Retail trade (4). There are 6 industry sectors represented in total.
What is the education level in ZIP code 06031?
In ZIP code 06031, 74.4% of residents aged 25+ have a high school diploma or higher, and 55.5% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 06031?
The mean commute time for workers in ZIP code 06031 is 20.3 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 06031?
In ZIP code 06031, approximately 81.8% of occupied housing units are owner-occupied and 18.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 06031?
The poverty rate in ZIP code 06031 is 12.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Falls Village, CT

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

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