ZIP Code 06031
standardSource:
Falls Village · Litchfield County · Connecticut
- Population
- 1,287
- Median income
- $106,875
- Median home value
- $464,500
- Bachelor's or higher
- 55.5%
- Land area
- 99.8 sq mi
13/sq mi
▲ 40% vs US
higher than 85% of US ZIPs
▲ 67% vs US
higher than 85% of US ZIPs
Median age 52
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.
- 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 + 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
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
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 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? ▼
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.
Read our methodology , how this data is sourced, computed, and verified.