| ZIP Code | 06031 |
|---|---|
| City | Falls Village |
| State | Connecticut (CT) |
| County | Northwest Hills County |
| Area Code | 860/959 |
| Elevation | 729 ft |
| Latitude | 41.955257 |
|---|---|
| Longitude | -73.316785 |
| Timezone | New York (DST) |
| FIPS | 09160 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 54.8 yrs ↑ 3% since 2019 |
|---|---|
| Avg Household Size | 2.35 |
| Below Poverty | 13.8% ▲ 38% above avg |
| College Grads | 61.8% ▲ 60% above avg |
| Unemployment | 2.4% ▼ 51% below avg |
| No HS Diploma | 3 (0.3%) |
| HS Graduate | 202 (20.5%) |
| Some College | 78 (7.9%) |
| Associates | 93 (9.4%) |
| Bachelors | 50 (5.1%) |
| Graduate Degree | 559 (56.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $99,219 ▲ 30% above avg ↑ 21% since 2019 |
|---|---|
| Median Home Value | $465,100 ▲ 67% above avg ↑ 28% since 2019 |
| Home/Income Ratio | 4.7x (nat avg ~3.5x) |
| Median Rent | $1,802/mo ↑ 58% since 2019 |
| Total Units | 795 |
| Vacant Units | 205 |
| Avg HH Size | 2.35 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 795 |
|---|---|
| Vacant | 205 |
| Owner Occupied | 82.2% |
| Renter Occupied | 17.8% |
| Avg HH Size | 2.35 |
ZIP code 06031 is located in Falls Village, Connecticut, within Northwest Hills County. With a population of 1,385, this is a sparsely populated ZIP code with a mature community — the median age is 54.8 years. Economically, 06031 is a middle-income ZIP code: the median household income of $99,219 is above the national average.
Real estate in ZIP code 06031 represents a premium housing market. The median home value of $465,100 is significantly above the national average. Renters can expect to pay around $1,802 per month in median rent. Homeownership is strong here — 82.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 28% since 2019.
The population of 06031 is primarily White (92.71%). Residents are highly educated — 61.8% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects some residents at 13.8%. Household income has grown by 21% since 2019.
The unemployment rate in 06031 stands at 2.4%, which is well below the national average. About 25% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 58%.
Overall, ZIP code 06031 in Falls Village, CT is characterized as middle-income, highly educated, a mature community, and predominantly owner-occupied. With 1,385 residents, a median household income of $99,219, and a median home value of $465,100, it offers a clear picture of life in this part of Connecticut.