Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 51.6 yrs |
|---|---|
| Avg HH Size | 2.46 |
| Below Poverty | 2.3% ▼ 77% below avg |
| College Grads | 64.0% ▲ 65% above avg |
| Unemployment | 3.9% ▼ 20% below avg |
| No HS Diploma | 15 (0.2%) |
| HS Graduate | 1,087 (15.6%) |
| Some College | 457 (6.5%) |
| Associates | 953 (13.6%) |
| Bachelors | 648 (9.3%) |
| Graduate Degree | 3,823 (54.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $127,429 ▲ 67% above avg |
|---|---|
| Median Home Value | $468,200 ▲ 68% above avg |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $1,891/mo |
| Total Housing Units | 5,503 |
| Vacant Units | 1,509 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Old Lyme is a city in Connecticut, located in Lower Connecticut River Valley County. The city spans 1 ZIP code and is home to approximately 9,855 residents. It is a mature city, with a median age of 51.6 years.
Economically, Old Lyme is a upper-middle-income community. The median household income of $127,429 is significantly above the national average. Approximately 2.3% of residents live below the poverty line. The unemployment rate is 3.9%, below the national average.
The real estate market in Old Lyme is a premium housing market. Median home values stand at $468,200, which is significantly above the national average. Renters typically pay around $1,891 per month. Homeownership is high at 88.5%, typical of suburban and family-oriented communities.
The population of Old Lyme is highly educated. 64.0% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (88.97%).
Old Lyme, CT offers residents above-average earning potential within Connecticut.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 06371 | 9,855 | $127,429 | $468,200 | $1,891 | 3.9% | 64.0% | 88.5% |