Falls Village, CT · standard
ZIP Code 06031
Litchfield County, Connecticut - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 1,287
- 13/sq mi
- $106,875
- Median income
- $464,500
- Median home value
- 55.5%
- Bachelor's or higher
The verdict
Falls Village pairs an upper-quartile household income with upper-quartile home values, in a rural, homeowner-dominated area.
- Top 15%
- household income, US ZIPs
- Top 15%
- home value, US ZIPs
- 13
- people per sq mi
- 82%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 06031 against every reporting US ZIP.
ZIP code 06031 is a sparsely populated ZIP (a standard USPS delivery area) in Falls Village, Litchfield County, Connecticut, home to just 1,287 residents across 99.8 square miles, a density of 13 people per square mile, in the New York time zone.
ZIP 06031 lands in the middle-income range, with a median household income of $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%. Housing costs here run $464,500 for a typical home value (7% above the state average), with rent averaging $1,727 a month; 81.8% of homes are owner-occupied.
This is a highly-educated ZIP: 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 on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 06031
Top 5 sectors by establishment count in Falls Village, CT
Which industries have the most business establishments in ZIP 06031.
- Construction
Construction
10 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
5 establishments
- Retail trade
Retail trade
4 establishments
- Health care and social assistance
Health care and social assistance
4 establishments
- Information 3
Information
3 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, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; FHFA HPI updated quarterly/annually.
Quick Facts
1,287
Population
99.8
Area (sq mi)
13
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 06031?
52.0
Median Age
52.6%
Male
47.4%
Female
8.7%
Foreign-Born
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
How ZIP 06031 ranks nationally
Falls Village, CT household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$106,875 Top 15% higher than 85% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
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
$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 06031 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 06018
Canaan (06018)
2,865 residents
- 06756
Goshen (06756)
2,853 residents
- 01257
Sheffield (01257)
2,121 residents
- 06039
Lakeville (06039)
1,942 residents
- 06058
Norfolk (06058)
1,787 residents
- 06068
Salisbury (06068)
1,612 residents
- 06031
Falls Village (06031)
1,287 residents
- 06796 1,009
West Cornwall (06796)
1,009 residents
- 01222 829
Ashley Falls (01222)
829 residents
What this shows Among its immediate neighbors, ZIP 06031 ranks #7 by population - useful context the national average alone can't give.
ZIP 06031 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 06756
Goshen (06756)
$160,815 median income
- 01259
Southfield (01259)
$158,125 median income
- 06068
Salisbury (06068)
$123,552 median income
- 06031
Falls Village (06031)
$106,875 median income
- 06796
West Cornwall (06796)
$106,618 median income
- 06039
Lakeville (06039)
$104,859 median income
- 01257
Sheffield (01257)
$102,788 median income
- 06058
Norfolk (06058)
$91,548 median income
- 06024
East Canaan (06024)
$87,943 median income
What this shows By household income, ZIP 06031 ranks #4 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| 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
Related Areas
Frequently Asked Questions
What county is ZIP code 06031 in? ▼
What is the population of ZIP code 06031? ▼
What is the median household income in ZIP 06031? ▼
What is the average home value in ZIP 06031? ▼
What is the demographic makeup of ZIP 06031? ▼
How many businesses are in ZIP code 06031? ▼
What are the main industries in ZIP code 06031? ▼
What is the education level in ZIP code 06031? ▼
What is the average commute time in ZIP 06031? ▼
What percentage of residents own vs. rent in ZIP 06031? ▼
What is the poverty rate in ZIP code 06031? ▼
Read our methodology to see how this data is sourced, computed, and verified.