PlainZIP

Waterbury, CT · standard

ZIP Code 06706

New Haven County, Connecticut - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

14,324
1,450/sq mi
$52,242
Median income
$210,700
Median home value
16.7%
Bachelor's or higher

The verdict

Waterbury pairs one of the lowest household incomes in the country with below-median home values, in a low-density, mixed-tenure area.

17th pct
household income, US ZIPs
47th pct
home value, US ZIPs
1,450
people per sq mi
41%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 06706 against every reporting US ZIP.

ZIP code 06706 is a mid-sized community (a standard USPS delivery area) in Waterbury, New Haven County, Connecticut, home to 14,324 residents across 9.9 square miles, a density of 1,450 people per square mile, in the New York time zone.

ZIP 06706 reports a modest median household income of $52,242 (54% below the Connecticut average), while per-capita income is $25,583. Poverty here runs at 25.6%, with unemployment measured at 10.2%. On housing, the median home value is $210,700 (51% below the state average) with median rent at $1,269 per month, and 40.8% of occupied units are owner-occupied.

Educational attainment sits below the national norm: 16.7% of adults hold a bachelor's degree or higher, the median age is 36.1, and the average commute is 26 minutes. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing New Haven County, letting you compare 06706 to its immediate surroundings rather than a national baseline 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 06706

Top 5 sectors by establishment count in Waterbury, CT

Which industries have the most business establishments in ZIP 06706.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 06706, 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

14,324

Population

9.9

Area (sq mi)

1,450

People / sq mi

New York

Time Zone

standard

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 06706?

36.1

Median Age

50.6%

Male

49.4%

Female

22.5%

Foreign-Born

White 35.5%
African American 26.2%
Asian 4.5%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 16.1%
Hispanic or Latino 37.3%

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?

$52,242

Median Household Income

-54% vs state

$25,583

Per Capita Income

25.6%

Poverty Rate

10.2%

Unemployment Rate

25.6 min

Mean Commute Time

How ZIP 06706 ranks nationally

Waterbury, CT household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$52,242 17th percentile higher than 17% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 56.4%
Bachelor's Degree or Higher 16.7%

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

What does housing look like?

6,007

Total Housing Units

5,506

Occupied Units

501

Vacant Units

2.81

Avg Household Size

Occupancy Type

Owner 40.8%
Renter 59.2%

$210,700

Median Home Value

-51% vs state

$1,269

Median Rent

1952

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

+12.9%

YoY Change (2024)

250

HPI Index (2000 = 100)

+150%

Total Change Since 2000

Home values in ZIP 06706 have increased 12.9% over the past year (2024). Since 2000, this ZIP has seen +150% cumulative appreciation.

Year Annual Change HPI Index
2020 +9.5% 133
2021 +31.9% 176
2022 +15.7% 203
2023 +8.9% 222
2024 +12.9% 250

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 225 business establishments in ZIP 06706, employing approximately 3,600 people with a combined annual payroll of $192,550,000.

225

Businesses

3,600

Employees

$192.6M

Annual Payroll

13

Industry Sectors

Industry Establishments % of Total
Retail trade 79 35.1%
Health care and social assistance 30 13.3%
Accommodation and food services 29 12.9%
Other services (except public administration) 24 10.7%
Construction 16 7.1%
Manufacturing 9 4.0%
Information 7 3.1%
Administrative and support and waste management and remediation services 6 2.7%
Wholesale trade 5 2.2%
Arts, entertainment, and recreation 5 2.2%
Finance and insurance 4 1.8%
Real estate and rental and leasing 4 1.8%
Educational services 3 1.3%

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 06706 vs 06705 →

ZIP 06706 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 06706 ranks #6 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 06706 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 06706 ranks #8 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
06705 Waterbury, CT 27,122 1.9 mi
06702 Waterbury, CT 3,654 2.1 mi
06710 Waterbury, CT 10,715 2.8 mi
06708 Waterbury, CT 29,418 2.6 mi
06704 Waterbury, CT 25,139 3.8 mi
06770 Naugatuck, CT 31,975 3.4 mi
06712 Prospect, CT 9,376 3.4 mi
06762 Middlebury, CT 7,561 5.2 mi
06716 Wolcott, CT 16,680 5.4 mi
06444 Marion, CT 370 5.1 mi

More ZIP Codes in New Haven County

06516 standard
West Haven, CT
Pop: 55,564
06511 standard
New Haven, CT
Pop: 53,600
06492 standard
Wallingford, CT
Pop: 45,241
06513 standard
New Haven, CT
Pop: 38,978
06460 standard
Milford, CT
Pop: 38,207
06450 standard
Meriden, CT
Pop: 36,493

Related Areas

New Haven County Waterbury, CT Connecticut

Frequently Asked Questions

What county is ZIP code 06706 in? ▼
ZIP code 06706 (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 06706? ▼
ZIP code 06706 in Waterbury, CT has a population of 14,324 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 06706? ▼
The median household income in ZIP 06706 is $52,242, which is 32% below the national average of $76,288.
What is the average home value in ZIP 06706? ▼
The median home value in ZIP 06706 is $210,700, which is 24% below the national average of $278,155.
What is the demographic makeup of ZIP 06706? ▼
The largest racial group in ZIP 06706 is White at 35.5%. Hispanic or Latino residents make up 37.3% of the population.
How many businesses are in ZIP code 06706? ▼
ZIP code 06706 has 225 business establishments employing approximately 3,600 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 06706? ▼
The top industries by establishment count in ZIP 06706 are: Retail trade (79), Health care and social assistance (30), Accommodation and food services (29). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 06706? ▼
According to the FHFA House Price Index, home values in ZIP 06706 increased by 12.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 150%. 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 06706? ▼
In ZIP code 06706, 56.4% of residents aged 25+ have a high school diploma or higher, and 16.7% 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 06706? ▼
The mean commute time for workers in ZIP code 06706 is 25.6 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 06706? ▼
In ZIP code 06706, approximately 40.8% of occupied housing units are owner-occupied and 59.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 06706? ▼
The poverty rate in ZIP code 06706 is 25.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.