| ZIP Code | 06840 |
|---|---|
| City | New Canaan |
| State | Connecticut (CT) |
| County | Western Connecticut County |
| Area Code | 203/475 |
| Elevation | 357 ft |
| Latitude | 41.160393 |
|---|---|
| Longitude | -73.500124 |
| Timezone | New York (DST) |
| FIPS | 09190 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.5 yrs ↓ 3% since 2019 |
|---|---|
| Avg Household Size | 2.94 |
| Below Poverty | 3.3% ▼ 67% below avg |
| College Grads | 85.6% ▲ 121% above avg |
| Unemployment | 4.8% ≈ Avg |
| No HS Diploma | 42 (0.3%) |
| HS Graduate | 834 (6.4%) |
| Some College | 369 (2.8%) |
| Associates | 624 (4.8%) |
| Bachelors | 300 (2.3%) |
| Graduate Degree | 10,824 (83.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $250,001 ▲ 228% above avg ↑ 31% since 2019 |
|---|---|
| Median Home Value | $1,534,100 ▲ 450% above avg ↑ 13% since 2019 |
| Home/Income Ratio | 6.1x (nat avg ~3.5x) |
| Median Rent | $3,501/mo ↑ 57% since 2019 |
| Total Units | 7,668 |
| Vacant Units | 647 |
| Avg HH Size | 2.94 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 7,668 |
|---|---|
| Vacant | 647 |
| Owner Occupied | 83.6% |
| Renter Occupied | 16.4% |
| Avg HH Size | 2.94 |
ZIP code 06840 is located in New Canaan, Connecticut, within Western Connecticut County. With a population of 20,704, this is a moderately populated ZIP code with a middle-aged community — the median age is 42.5 years. Economically, 06840 is a affluent ZIP code: the median household income of $250,001 is more than double the national average.
Real estate in ZIP code 06840 represents among the most expensive housing markets in the country. The median home value of $1,534,100 is more than double the national average. Renters can expect to pay around $3,501 per month in median rent. Homeownership is strong here — 83.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 13% since 2019.
The population of 06840 is primarily White (82.97%). Residents are highly educated — 85.6% hold a bachelor's degree or higher, which is more than double the national average. Poverty affects a relatively small share of residents at 3.3%. Household income has grown by 31% since 2019.
The unemployment rate in 06840 stands at 4.8%, which is near the national average. A notably high share of workers — 31% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 46%.
Overall, ZIP code 06840 in New Canaan, CT is characterized as affluent, highly educated, a middle-aged community, and predominantly owner-occupied. With 20,704 residents, a median household income of $250,001, and a median home value of $1,534,100, it offers a clear picture of life in this part of Connecticut.