ZIP Code 06840

standard

Source:

New Canaan · Fairfield County · Connecticut

Population
19,738

343/sq mi

Median income
$250,001

▲ 228% vs US

higher than 100% of US ZIPs

Median home value
$1,611,900

▲ 479% vs US

higher than 99% of US ZIPs

Bachelor's or higher
82.5%

Median age 42.1

Land area
57.5 sq mi

New York

ZIP code 06840 in New Canaan, Connecticut has a population of 19,738. The median household income is $250,001, which is 228% above the national average. Median home value is $1,611,900, 479% above the US average. 82.5% of residents hold a bachelor's degree or higher.

ZIP code 06840 is classified by USPS as a standard delivery area and covers roughly 57.5 square miles in New Canaan, Fairfield County, Connecticut. The area is home to 19,738 residents, producing a population density of 343 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 06840 against Connecticut and the nation.

On the economic side, the median household income for ZIP 06840 sits at $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%. On housing, the median home value is $1,611,900 (271% above the state average) with median rent at $3,401 per month, and 83.7% of occupied units are owner-occupied, a direct signal of whether 06840 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 82.5% of adults hold a bachelor's degree or higher, the median age is 42.1, and the average commute is 38 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Fairfield County, so you can benchmark 06840 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 06840

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 06840.

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 06840, New Canaan, 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

19,738

Population

57.5

Area (sq mi)

343

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 06840?

42.1

Median Age

47.0%

Male

53.0%

Female

15.6%

Foreign-Born

White 81.8%
African American 1.7%
Asian 5.4%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 8.5%
Hispanic or Latino 6.3%

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?

$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

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

What is the education profile here?

High School Graduate or Higher 87.9%
Bachelor's Degree or Higher 82.5%

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

Owner 83.7%
Renter 16.3%

$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)

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 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

Frequently Asked Questions

What county is ZIP code 06840 in?
ZIP code 06840 (New Canaan) is located in Fairfield County, Connecticut. Fairfield County contains multiple ZIP codes, see the full list at /counties/fairfield-ct.
What is the population of ZIP code 06840?
ZIP code 06840 in New Canaan, CT has a population of 19,738 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 06840?
The median household income in ZIP 06840 is $250,001, which is 228% above the national average of $76,288.
What is the average home value in ZIP 06840?
The median home value in ZIP 06840 is $1,611,900, which is 479% above the national average of $278,155.
What is the demographic makeup of ZIP 06840?
The largest racial group in ZIP 06840 is White at 81.8%. Hispanic or Latino residents make up 6.3% of the population.
How many businesses are in ZIP code 06840?
ZIP code 06840 has 665 business establishments employing approximately 5,691 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 06840?
The top industries by establishment count in ZIP 06840 are: Professional, scientific, and technical services (111), Retail trade (72), Finance and insurance (67). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 06840?
According to the FHFA House Price Index, home values in ZIP 06840 increased by 7.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 99%. 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 06840?
In ZIP code 06840, 87.9% of residents aged 25+ have a high school diploma or higher, and 82.5% 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 06840?
The mean commute time for workers in ZIP code 06840 is 38.0 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 06840?
In ZIP code 06840, approximately 83.7% of occupied housing units are owner-occupied and 16.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 06840?
The poverty rate in ZIP code 06840 is 3.7% 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 New Canaan, 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.

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