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Chaplin

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

Median Home$232,784
Median Rent$1,086/month
Population11,952
Leading IndustryManufacturing1% of local workforce
Home Value Growth⬆⬆⬆+25.2% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners68% of occupied units
NotableAffordable Market$233k median home · lower cost than 78% of the country
Chaplin
CT

Frequently Asked Questions

What are today's mortgage rates in Chaplin?

As of today, the 30-year fixed mortgage rate for Chaplin is approximately 6.924% (6.961% 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 Chaplin?

The median home value in Chaplin is $233k. The median monthly rent is $1,086. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chaplin?

Home values in Chaplin have increased 25.2% 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 Chaplin?

Based on a typical all-in ownership cost of $1,100/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chaplin is $77k/year.

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What industries drive the economy in Chaplin?

The largest employment sectors in Chaplin are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.