06514 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: New Haven County
Centroid: Latitude 41.372, Longitude -72.94
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 06514 has segments in 2 Counties (Middlesex, New Haven).

Businesses Addresses: 915
PO Box Addresses: 207
Residential Addresses: 10,964

Multi-Family Addresses: 2,522
Single Family Addresses: 8,442

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: November 4, 2020.

Hamden, CT 06514 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	25,711 (100%)
Population in Households	25,098 (97.6%)
Population in Families	19,821 (77.1%)
Population in Group Quarters¹	613 ( 2.4%)
Population Density	2,277
Diversity Index²	73


INCOME
Median Household Income	$73,858
Average Household Income	$96,622
% of Income for Mortgage⁴	11%
Per Capita Income	$38,215
Wealth Index⁵	110

HOUSING
Total HU (Housing Units)	10,843 (100%)
Owner Occupied HU	6,297 (58.1%)
Renter Occupied HU	3,805 (35.1%)
Vacant Housing Units	741 ( 6.8%)
Median Home Value	$201,368
Average Home Value	$241,083
Housing Affordability Index³	165

HOUSEHOLDS
Total Households	10,102
Average Household Size	2.48
Family Households	6,424
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.

Hamden, CT 06514 - Peer Comparisons by Rank and Percentile

The table below compares 06514 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	0.08%	-0.09%
Households	-0.02%	-0.13%
Families	-0.1%	-0.18%
Median Household Income		1.02%
Per Capita Income		1.54%
Owner Occupied HU		0.03%

Variable Description	Rank	Percentile
Total Population	# 47	83rd
Population Density	# 63	78th
Median Household Income	# 198	29th
Housing Affordability Index	# 172	62nd
Per Capita Income	# 195	30th
Diversity Index	# 38	87th

Hamden, CT 06514 ZIP Code Profile

ZIP Code 06514: Basic Data & USPS Preferred City Name

Hamden, CT 06514 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Hamden, CT 06514 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 06514

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