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East

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

Median Home$569,025
Median Rent$955/month
Population4,095
Leading IndustriesWholesale Trade · Transportation · Professional Services14% wholesale trade
Home Value Growth⬆⬆+18.7% over 2 years
Young Adults25% of residents
Homeowners91% of occupied units
NotableHigh Incomes$164k/year · top 3% nationally
East Village
CT

Frequently Asked Questions

What are today's mortgage rates in East?

As of today, the 30-year fixed mortgage rate for East is approximately 6.849% (6.883% 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 East?

The median home value in East is $569k. The median monthly rent is $955. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in East?

Home values in East have increased 18.7% 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 East?

Based on a typical all-in ownership cost of $2,953/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 East is $164k/year.

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What industries drive the economy in East?

The largest employment sectors in East are public administration (23%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.