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Barkhamsted

Learn about the people, housing, costs and businesses in Barkhamsted, Connecticut

Median Home$368,000
Median Rent$1,164/month
Population3,678
Leading IndustriesManufacturing · Healthcare · Education1% manufacturing
Home Value Growth⬆⬆+11.1% over 2 years
Retirees24% of residentsabove average nationally
Homeowners93% of occupied units
NotableVeteran Community11% of residents · top 3% nationally
NotableHigh Incomes$124k/year · top 18% nationally
Barkhamsted
CT

Frequently Asked Questions

What are today's mortgage rates in Barkhamsted?

As of today, the 30-year fixed mortgage rate for Barkhamsted is approximately 6.870% (6.905% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Barkhamsted?

The median home value in Barkhamsted is $368k. The median monthly rent is $1,164. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Barkhamsted?

Home values in Barkhamsted have increased 11.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Barkhamsted?

Based on a typical all-in ownership cost of $1,788/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $77k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Barkhamsted is $124k/year.

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What industries drive the economy in Barkhamsted?

The largest employment sectors in Barkhamsted are public administration (22%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.