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Bigelow Corners

Learn about the people, housing, costs and businesses in Bigelow Corners, Connecticut

Median Home$458,966
Median Rent$1,837/month
Population607
Leading IndustriesWholesale Trade · Arts, Food & Hospitality · Healthcare16% wholesale trade
Home Value Growth⬆⬆+13.7% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners93% of occupied units
NotableHigh Incomes$136k/year · top 6% nationally
NotableHighly Educated28% hold a bachelor's degree · top 12% nationally
Bigelow Corners
CT

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Frequently Asked Questions

What are today's mortgage rates in Bigelow Corners?

As of today, the 30-year fixed mortgage rate for Bigelow Corners is approximately 6.856% (6.891% 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 Bigelow Corners?

The median home value in Bigelow Corners is $459k. The median monthly rent is $1,837. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bigelow Corners?

Home values in Bigelow Corners have increased 13.7% 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 Bigelow Corners?

Based on a typical all-in ownership cost of $2,279/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $98k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bigelow Corners is $136k/year.

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What industries drive the economy in Bigelow Corners?

The largest employment sectors in Bigelow Corners are public administration (22%) and wholesale trade (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.