ZIP Code 06706

standard

Source:

Waterbury · New Haven County · Connecticut

Population
14,324

1,450/sq mi

Median income
$52,242

▼ 32% vs US

higher than 17% of US ZIPs

Median home value
$210,700

▼ 24% vs US

higher than 47% of US ZIPs

Bachelor's or higher
16.7%

Median age 36.1

Land area
9.9 sq mi

New York

ZIP code 06706 in Waterbury, Connecticut has a population of 14,324. The median household income is $52,242, which is 32% below the national average. Median home value is $210,700, 24% below the US average. 16.7% of residents hold a bachelor's degree or higher.

ZIP code 06706 is classified by USPS as a standard delivery area and covers roughly 9.9 square miles in Waterbury, New Haven County, Connecticut. The area is home to 14,324 residents, producing a population density of 1,450 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 06706 against Connecticut and the nation.

On the economic side, the median household income for ZIP 06706 sits at $52,242 (54% below the Connecticut average), while per-capita income is $25,583. The poverty rate stands at 25.6% and the unemployment rate 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, a direct signal of whether 06706 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 16.7% of adults hold a bachelor's degree or higher, the median age is 36.1, and the average commute is 26 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing New Haven County, so you can benchmark 06706 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 06706

Top 5 sectors by establishment count

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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

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)

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 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

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.

ZIP Code Research Guides

Official Data Resources for Waterbury, 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.