New Canaan, CT — Demographics & Statistics
ZIP code 06840 serves a portion of New Canaan, Connecticut, within Fairfield County. This community is home to approximately 15,187 residents, with a median age of 30.8 years. The median household income of $71,441 sits above the national median of $67,521, while median home values of $450,078 are above the national average of $301,500. The area has a owner-majority housing profile, with 56% owner-occupied and 44% renter-occupied units. Cost of living in this part of New Canaan is higher than the national baseline, with an index of 154 (100 = national average). With a college-education rate of 18% and an unemployment rate of 7.8%, 06840 reflects the economic character of Fairfield County in Connecticut.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 15,187 | — |
| Population | Density (per sq mi) | 20,323 | — |
| Economics | Median Household Income | $71,441 | ↑ 6% vs nat'l avg |
| Economics | Median Home Value | $450,078 | ↑ 49% vs nat'l avg |
| Economics | Cost of Living Index | 154 | ↑ Higher than avg |
| Economics | Unemployment Rate | 7.8% | ↑ 100% vs nat'l avg |
| Economics | Below Poverty Line | 9.5% | ↓ 17% vs nat'l avg |
| Education | College Educated (25+) | 18% | ↓ 49% vs nat'l avg |
| Demographics | Median Age | 30.8 yrs | ↓ 20% vs nat'l avg |
| Housing | Owner-Occupied | 56% | — |
| Housing | Renter-Occupied | 44% | — |
| Housing | Total Housing Units | 7,441 | — |