Waterbury, CT · standard
ZIP Code 06704
New Haven County, Connecticut - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 25,139
- 1,226/sq mi High-density area
- $48,718
- Median income Below-median income area
- $192,000
- Median home value Near-median home value
- 14.2%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Waterbury pairs one of the lowest household incomes in the country with below-median home values, in a low-density, mixed-tenure area.
- 13th pct
- household income, US ZIPs
- 41st pct
- home value, US ZIPs
- 1,226
- people per sq mi
- 45%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 06704 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 06704 (Waterbury, CT) rose +14.5% from 2023 to 2024. The all-transactions index moved from 254.3 in 2023 to 291.1 in 2024 (2000 = 100).
ZIP code 06704 is a densely settled ZIP (a standard USPS delivery area) in Waterbury, New Haven County, Connecticut, with 25,139 residents across 20.5 square miles, a density of 1,226 people per square mile, in the New York time zone.
ZIP 06704 reports a modest median household income of $48,718 (57% below the average Connecticut ZIP), while per-capita income is $26,122. Economic pressure is pronounced: 31.8% of residents are below the poverty line and unemployment is 11.8%. Home values sit below the statewide ZIP benchmark: the median is $192,000 (56% below the average Connecticut ZIP), and median rent is $1,258; owner occupancy is 45.3%.
Formal educational attainment runs low here: just 14.2% of adults hold a bachelor's degree or higher, the median age is 34.6, and the average commute is 30 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in New Haven County, so 06704 can be compared with both its immediate and county-level context.
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 06704
Top 5 sectors by establishment count in Waterbury, CT
Which industries have the most business establishments in ZIP 06704.
- Retail trade
Retail trade
80 establishments
- Construction
Construction
37 establishments
- Health care and social assistance
Health care and social assistance
36 establishments
- Other services (except public administration)
Other services (except public administration)
35 establishments
- Accommodation and food services
Accommodation and food services
33 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 06704, Waterbury, 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
25,139
Population
20.5
Area (sq mi)
1,226
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 06704?
34.6
Median Age
47.8%
Male
52.2%
Female
18.6%
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?
$48,718
Median Household Income
-57% vs state ZIP avg
$26,122
Per Capita Income
31.8%
Poverty Rate
11.8%
Unemployment Rate
30.0 min
Mean Commute Time
How ZIP 06704 ranks among Connecticut ZIPs
Waterbury, CT household income vs. every Connecticut ZIP code
Median household income among 270 reporting Connecticut ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$48,718 4th percentile higher than 4% of 270 Connecticut ZIPs
Each bar is a $20K-wide band; taller bars hold more Connecticut 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?
Housing stock: occupied vs vacant
12,671housing units
12,671
Total Housing Units
11,768
Occupied Units
903
Vacant Units
2.68
Avg Household Size
Occupancy Type
$192,000
Median Home Value
-56% vs state ZIP avg
$1,258
Median Rent
1955
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+14.5%
YoY Change (2024)
291
HPI Index (2000 = 100)
+191%
Total Change Since 2000
Home values in ZIP 06704 have increased 14.5% over the past year (2024). Since 2000, this ZIP has seen +191% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +0.0% | 151 |
| 2021 | +21.3% | 183 |
| 2022 | +20.2% | 220 |
| 2023 | +15.4% | 254 |
| 2024 | +14.5% | 291 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 336 business establishments in ZIP 06704, employing approximately 3,975 people with a combined annual payroll of $179,626,000.
336
Businesses
3,975
Employees
$179.6M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 80 | 23.8% |
| Construction | 37 | 11.0% |
| Health care and social assistance | 36 | 10.7% |
| Other services (except public administration) | 35 | 10.4% |
| Accommodation and food services | 33 | 9.8% |
| Manufacturing | 32 | 9.5% |
| Wholesale trade | 16 | 4.8% |
| Finance and insurance | 15 | 4.5% |
| Transportation and warehousing | 12 | 3.6% |
| Real estate and rental and leasing | 11 | 3.3% |
| Administrative and support and waste management and remediation services | 10 | 3.0% |
| Professional, scientific, and technical services | 6 | 1.8% |
| Arts, entertainment, and recreation | 4 | 1.2% |
| Information | 3 | 0.9% |
| Educational services | 3 | 0.9% |
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 06704 vs 06710 →
ZIP 06704 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 06770
Naugatuck (06770)
31,975 residents
- 06708
Waterbury (06708)
29,418 residents
- 06705
Waterbury (06705)
27,122 residents
- 06704
Waterbury (06704)
25,139 residents
- 06716
Wolcott (06716)
16,680 residents
- 06706
Waterbury (06706)
14,324 residents
- 06710 10,715
Waterbury (06710)
10,715 residents
- 06786 9,867
Terryville (06786)
9,867 residents
- 06779 8,324
Oakville (06779)
8,324 residents
What this shows Among its immediate neighbors, ZIP 06704 ranks #4 by population - useful context the national average alone can't give.
ZIP 06704 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 06782
Plymouth (06782)
$124,708 median income
- 06716
Wolcott (06716)
$111,225 median income
- 06770
Naugatuck (06770)
$96,208 median income
- 06779
Oakville (06779)
$95,798 median income
- 06786
Terryville (06786)
$87,306 median income
- 06708
Waterbury (06708)
$67,364 median income
- 06705
Waterbury (06705)
$53,954 median income
- 06706
Waterbury (06706)
$52,242 median income
- 06704 $48,718
Waterbury (06704)
$48,718 median income
What this shows By household income, ZIP 06704 ranks #9 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 06710 | Waterbury, CT | 10,715 | 1.4 mi |
| 06702 | Waterbury, CT | 3,654 | 2.1 mi |
| 06779 | Oakville, CT | 8,324 | 2.6 mi |
| 06706 | Waterbury, CT | 14,324 | 3.8 mi |
| 06708 | Waterbury, CT | 29,418 | 3.1 mi |
| 06716 | Wolcott, CT | 16,680 | 3.2 mi |
| 06705 | Waterbury, CT | 27,122 | 3.3 mi |
| 06782 | Plymouth, CT | 2,376 | 4.8 mi |
| 06786 | Terryville, CT | 9,867 | 5.8 mi |
| 06770 | Naugatuck, CT | 31,975 | 6.8 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 06704, both outside CT so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (25,139 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in New Haven County
Related Areas
Frequently Asked Questions
What county is ZIP code 06704 in?
ZIP code 06704 (Waterbury) is located in New Haven County, Connecticut. New Haven County contains multiple ZIP codes, see the full list at /counties/new-haven-ct.
What is the population of ZIP code 06704?
ZIP code 06704 in Waterbury, CT has a population of 25,139 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 06704?
The median household income in ZIP 06704 is $48,718, which is 36% below the national average of $76,288.
What is the average home value in ZIP 06704?
The median home value in ZIP 06704 is $192,000, which is 31% below the national average of $278,155.
What is the demographic makeup of ZIP 06704?
The largest racial group in ZIP 06704 is African American at 31.0%. Hispanic or Latino residents make up 47.0% of the population.
How many businesses are in ZIP code 06704?
ZIP code 06704 has 336 business establishments employing approximately 3,975 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 06704?
The top industries by establishment count in ZIP 06704 are: Retail trade (80), Construction (37), Health care and social assistance (36). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 06704?
According to the FHFA House Price Index, home values in ZIP 06704 increased by 14.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 191%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 06704?
In ZIP code 06704, 49.3% of residents aged 25+ have a high school diploma or higher, and 14.2% 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 06704?
The mean commute time for workers in ZIP code 06704 is 30.0 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 06704?
In ZIP code 06704, approximately 45.3% of occupied housing units are owner-occupied and 54.7% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 06704?
The poverty rate in ZIP code 06704 is 31.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 06704's numbers, next.
- See how ZIP 06704 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Waterbury, CT ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.