New Canaan, CT · standard
ZIP Code 06840
Fairfield County, Connecticut - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 19,738
- 343/sq mi
- $250,001
- Median income
- $1,611,900
- Median home value
- 82.5%
- Bachelor's or higher
The verdict
New Canaan pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.
- Top 1%
- household income, US ZIPs
- Top 1%
- home value, US ZIPs
- 343
- people per sq mi
- 84%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 06840 against every reporting US ZIP.
ZIP code 06840 is a mid-sized community (a standard USPS delivery area) in New Canaan, Fairfield County, Connecticut, home to 19,738 residents across 57.5 square miles, a density of 343 people per square mile, in the New York time zone.
ZIP 06840 skews affluent, with a median household income of $250,001 (121% above the Connecticut average), while per-capita income is $143,695. The poverty rate stands at 3.7% and the unemployment rate at 5.2%. Housing costs here run $1,611,900 for a typical home value (271% above the state average), with rent averaging $3,401 a month; 83.7% of homes are owner-occupied.
This is a highly-educated ZIP: 82.5% of adults hold a bachelor's degree or higher, the median age is 42.1, and the average commute is 38 minutes. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 06840, plus 6 more within Fairfield County, give a clearer read than the 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 06840
Top 5 sectors by establishment count in New Canaan, CT
Which industries have the most business establishments in ZIP 06840.
- Professional, scientific, and technical services
Professional, scientific, and technical services
111 establishments
- Retail trade
Retail trade
72 establishments
- Finance and insurance
Finance and insurance
67 establishments
- Accommodation and food services
Accommodation and food services
67 establishments
- Health care and social assistance
Health care and social assistance
66 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 06840, New Canaan, 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
19,738
Population
57.5
Area (sq mi)
343
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 06840?
42.1
Median Age
47.0%
Male
53.0%
Female
15.6%
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?
$250,001
Median Household Income
+121% vs state
$143,695
Per Capita Income
3.7%
Poverty Rate
5.2%
Unemployment Rate
38.0 min
Mean Commute Time
How ZIP 06840 ranks nationally
New Canaan, CT household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$250,001 Top 1% higher than 99% 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?
7,747
Total Housing Units
7,153
Occupied Units
594
Vacant Units
2.91
Avg Household Size
Occupancy Type
$1,611,900
Median Home Value
+271% vs state
$3,401
Median Rent
1967
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
+7.2%
YoY Change (2024)
199
HPI Index (2000 = 100)
+99%
Total Change Since 2000
Home values in ZIP 06840 have increased 7.2% over the past year (2024). Since 2000, this ZIP has seen +99% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2019 | -4.0% | 144 |
| 2020 | +3.3% | 149 |
| 2021 | +5.3% | 157 |
| 2022 | +7.2% | 168 |
| 2024 | – | 199 |
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 665 business establishments in ZIP 06840, employing approximately 5,691 people with a combined annual payroll of $476,740,000.
665
Businesses
5,691
Employees
$476.7M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 111 | 16.7% |
| Retail trade | 72 | 10.8% |
| Finance and insurance | 67 | 10.1% |
| Accommodation and food services | 67 | 10.1% |
| Health care and social assistance | 66 | 9.9% |
| Other services (except public administration) | 65 | 9.8% |
| Construction | 45 | 6.8% |
| Real estate and rental and leasing | 35 | 5.3% |
| Administrative and support and waste management and remediation services | 33 | 5.0% |
| Wholesale trade | 26 | 3.9% |
| Arts, entertainment, and recreation | 24 | 3.6% |
| Educational services | 22 | 3.3% |
| Transportation and warehousing | 10 | 1.5% |
| Information | 10 | 1.5% |
| Management of companies and enterprises | 6 | 0.9% |
| Manufacturing | 4 | 0.6% |
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 06840 vs 06907 →
ZIP 06840 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 06851
Norwalk (06851)
26,703 residents
- 06820
Darien (06820)
20,732 residents
- 06840
New Canaan (06840)
19,738 residents
- 06905
Stamford (06905)
19,649 residents
- 06850
Norwalk (06850)
18,078 residents
- 06897
Wilton (06897)
18,071 residents
- 06903
Stamford (06903)
14,499 residents
- 06906 9,088
Stamford (06906)
9,088 residents
- 06907 9,016
Stamford (06907)
9,016 residents
What this shows Among its immediate neighbors, ZIP 06840 ranks #3 by population - useful context the national average alone can't give.
ZIP 06840 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 06840
New Canaan (06840)
$250,001 median income
- 06820
Darien (06820)
$250,001 median income
- 10576
Pound Ridge (10576)
$250,001 median income
- 06897
Wilton (06897)
$242,199 median income
- 06903
Stamford (06903)
$204,028 median income
- 06905
Stamford (06905)
$136,757 median income
- 06850
Norwalk (06850)
$123,633 median income
- 06851
Norwalk (06851)
$111,341 median income
- 06907
Stamford (06907)
$106,379 median income
What this shows By household income, ZIP 06840 ranks the highest of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 06907 | Stamford, CT | 9,016 | 4.2 mi |
| 06850 | Norwalk, CT | 18,078 | 3.7 mi |
| 06903 | Stamford, CT | 14,499 | 4.1 mi |
| 06820 | Darien, CT | 20,732 | 5.6 mi |
| 06897 | Wilton, CT | 18,071 | 4.5 mi |
| 06906 | Stamford, CT | 9,088 | 6.2 mi |
| 06905 | Stamford, CT | 19,649 | 5.4 mi |
| 06851 | Norwalk, CT | 26,703 | 5.1 mi |
| 06856 | Norwalk, CT | 3 | 5.3 mi |
| 10576 | Pound Ridge, NY | 5,116 | 5.4 mi |
More ZIP Codes in Fairfield County
Related Areas
Frequently Asked Questions
What county is ZIP code 06840 in? ▼
What is the population of ZIP code 06840? ▼
What is the median household income in ZIP 06840? ▼
What is the average home value in ZIP 06840? ▼
What is the demographic makeup of ZIP 06840? ▼
How many businesses are in ZIP code 06840? ▼
What are the main industries in ZIP code 06840? ▼
How have home values changed in ZIP code 06840? ▼
What is the education level in ZIP code 06840? ▼
What is the average commute time in ZIP 06840? ▼
What percentage of residents own vs. rent in ZIP 06840? ▼
What is the poverty rate in ZIP code 06840? ▼
Read our methodology to see how this data is sourced, computed, and verified.