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Compo

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

Median Home$1,671,922
Median Rent$3,072/month
Population3,540
Leading IndustriesEducation · Healthcare · Manufacturing3% education
Home Value Growth⬆⬆+14.3% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners92% of occupied units
NotableHigh Incomes$250k/year · top 1% nationally
NotableTransit94/100 · excellent transit access
Compo
CT

Frequently Asked Questions

What are today's mortgage rates in Compo?

As of today, the 30-year fixed mortgage rate for Compo is approximately 6.911% (6.948% 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 Compo?

The median home value in Compo is $1.7M. The median monthly rent is $3,072. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Compo?

Home values in Compo have increased 14.3% 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 Compo?

Based on a typical all-in ownership cost of $4,001/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $171k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Compo is $250k/year.

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What industries drive the economy in Compo?

The largest employment sectors in Compo are public administration (22%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.