06420 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: New London County
Centroid: Latitude 41.488, Longitude -72.272
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 06420 has segments in 2 Counties (Middlesex, New London).

Businesses Addresses: 91
PO Box Addresses: 11
Residential Addresses: 1,738

Multi-Family Addresses: 0
Single Family Addresses: 1,738

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: August 4, 2020.

Salem, CT 06420 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	4,437 (100%)
Population in Households	4,427 (99.8%)
Population in Families	3,850 (86.8%)
Population in Group Quarters¹	10 ( 0.2%)
Population Density	147
Diversity Index²	23


INCOME
Median Household Income	$106,080
Average Household Income	$126,073
% of Income for Mortgage⁴	11%
Per Capita Income	$46,801
Wealth Index⁵	180

HOUSING
Total HU (Housing Units)	1,766 (100%)
Owner Occupied HU	1,469 (83.2%)
Renter Occupied HU	178 (10.1%)
Vacant Housing Units	119 ( 6.7%)
Median Home Value	$280,963
Average Home Value	$303,676
Housing Affordability Index³	216

HOUSEHOLDS
Total Households	1,647
Average Household Size	2.69
Family Households	1,257
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.

Salem, CT 06420 - Peer Comparisons by Rank and Percentile

The table below compares 06420 to the other 277 ZIP Codes in Connecticut by rank and percentile using July 1, 2020 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	2010-2020	2020-2025
Population	0.29%	-0.06%
Households	0.42%	-0.01%
Families	0.34%	-0.08%
Median Household Income		1.13%
Per Capita Income		2.54%
Owner Occupied HU		0.01%

Variable Description	Rank	Percentile
Total Population	# 192	31st
Population Density	# 236	15th
Median Household Income	# 69	75th
Housing Affordability Index	# 268	97th
Per Capita Income	# 123	56th
Diversity Index	# 176	37th

Salem, CT 06420 ZIP Code Profile

ZIP Code 06420: Basic Data & USPS Preferred City Name

Salem, CT 06420 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Salem, CT 06420 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 06420

Use HTL Address Research for a Connecticut Address and get...

Quick & Easy Ways to...

Connecticut Census Data Comparison Tool

More Tools and Resources:

COVID-19 Statistics and Data

New London County

Salem Jobs