06415 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: New London County
Centroid: Latitude 41.551, Longitude -72.331
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 06415 has segments in 2 Counties (Middlesex, New London).

Businesses Addresses: 477
PO Box Addresses: 245
Residential Addresses: 6,856

Multi-Family Addresses: 244
Single Family Addresses: 6,612

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2022, Maps updated: February 4, 2022.

Colchester, CT 06415 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	17,039 (100%)
Population in Households	16,861 (99.0%)
Population in Families	14,413 (84.6%)
Population in Group Quarters¹	178 ( 1.0%)
Population Density	302
Diversity Index²	23


INCOME
Median Household Income	$103,554
Average Household Income	$124,273
% of Income for Mortgage⁴	11%
Per Capita Income	$46,753
Wealth Index⁵	161

HOUSING
Total HU (Housing Units)	7,137 (100%)
Owner Occupied HU	4,987 (69.9%)
Renter Occupied HU	1,421 (19.9%)
Vacant Housing Units	729 (10.2%)
Median Home Value	$270,651
Average Home Value	$298,190
Housing Affordability Index³	181

HOUSEHOLDS
Total Households	6,408
Average Household Size	2.63
Family Households	4,714
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Colchester, CT 06415 - Peer Comparisons by Rank and Percentile

The table below compares 06415 to the other 278 ZIP Codes in Connecticut by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2021	2021-2026
Population	0.12%	-0.16%
Households	0.28%	-0.08%
Families	0.2%	-0.13%
Median Household Income		0.75%
Per Capita Income		1.86%
Owner Occupied HU		0.24%

Variable Description	Rank	Percentile
Total Population	# 81	71st
Population Density	# 188	33rd
Median Household Income	# 76	73rd
Housing Affordability Index	# 231	83rd
Per Capita Income	# 128	54th
Diversity Index	# 185	34th

06415 ZIP Code Profile, Map, Data & Demographics

ZIP Code 06415: Basic Data & USPS Preferred City Name

Colchester, CT 06415 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Colchester, CT 06415 - Peer Comparisons by Rank and Percentile

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