| ZIP Code | 06706 |
|---|---|
| City | Waterbury |
| State | Connecticut (CT) |
| County | Naugatuck Valley County |
| Area Code | 203 |
| Elevation | 427 ft |
| Latitude | 41.532209 |
|---|---|
| Longitude | -73.025052 |
| Timezone | New York (DST) |
| FIPS | 09140 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.3 yrs ↑ 5% since 2019 |
|---|---|
| Avg Household Size | 2.85 |
| Below Poverty | 24.7% ▲ 147% above avg |
| College Grads | 27.5% ▼ 29% below avg |
| Unemployment | 10.5% ▲ 115% above avg |
| No HS Diploma | 462 (5.2%) |
| HS Graduate | 3,965 (44.7%) |
| Some College | 1,152 (13%) |
| Associates | 849 (9.6%) |
| Bachelors | 781 (8.8%) |
| Graduate Degree | 1,657 (18.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $51,770 ▼ 32% below avg ↑ 20% since 2019 |
|---|---|
| Median Home Value | $171,400 ▼ 39% below avg ↑ 46% since 2019 |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $1,233/mo ↑ 33% since 2019 |
| Total Units | 5,907 |
| Vacant Units | 492 |
| Avg HH Size | 2.85 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 5,907 |
|---|---|
| Vacant | 492 |
| Owner Occupied | 43.0% |
| Renter Occupied | 57.0% |
| Avg HH Size | 2.85 |
ZIP code 06706 is located in Waterbury, Connecticut, within Naugatuck Valley County. With a population of 15,546, this is a moderately populated ZIP code with a relatively young community — the median age is 36.3 years. Economically, 06706 is a working-class ZIP code: the median household income of $51,770 is below the national average.
Real estate in ZIP code 06706 represents an affordable housing market. The median home value of $171,400 is below the national average. Renters can expect to pay around $1,233 per month in median rent. The area has a relatively balanced mix of owners (43.0%) and renters (57.0%). Median home values have increased by 46% since 2019.
The population of 06706 is racially diverse, with Hispanic as the largest group at 35.1%. Residents are moderately educated — 27.5% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 24.7%. Household income has grown by 20% since 2019.
The unemployment rate in 06706 stands at 10.5%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 63%.
Overall, ZIP code 06706 in Waterbury, CT is characterized as working-class, moderately educated, and a relatively young community. With 15,546 residents, a median household income of $51,770, and a median home value of $171,400, it offers a clear picture of life in this part of Connecticut.