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Daniels Farm

Learn about the people, housing, costs and businesses in Daniels Farm, Connecticut

Median Home$624,625
Median Rent$620/month
Population6,128
Leading IndustriesManufacturing · Education · Arts, Food & Hospitality3% manufacturing
Home Value Growth⬆⬆+17.5% over 2 years
Retirees21% of residentsnear the national average
Homeowners94% of occupied units
NotableHigh Incomes$190k/year · top 1% nationally
Daniels Farm
CT

Frequently Asked Questions

What are today's mortgage rates in Daniels Farm?

As of today, the 30-year fixed mortgage rate for Daniels Farm 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 Daniels Farm?

The median home value in Daniels Farm is $625k. The median monthly rent is $620. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Daniels Farm?

Home values in Daniels Farm have increased 17.5% 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 Daniels Farm?

Based on a typical all-in ownership cost of $2,968/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $127k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Daniels Farm is $190k/year.

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What industries drive the economy in Daniels Farm?

The largest employment sectors in Daniels Farm are public administration (21%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.