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Lake Chaffee, CT

Comprehensive demographics, housing data, local amenities, and economic statistics for Lake Chaffee.

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Community Insights

High Incomes
$122k/year
top 8% nationally
Transit
81/100
excellent transit access
Leading Industries
Wholesale Trade · Professional Services · Public Administration
10% wholesale trade
Home Value Growth⬆⬆⬆
+25.6% over 2 years
Young Adults
33% of residents
well above average
Homeowners
77% of occupied units

People & Demographics

Total Population284
Households
Under 18
18.0%
Age 18–34
33.0%
Age 35–64
30.0%
Age 65+
19.0%
Veterans
8.0%
Active Duty
0.0%

Housing & Living

Median Home Value$334,800
Median Gross Rent$1,246/mo
Owner Occupied
77.0%
Renter Occupied
23.0%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$121,926
Poverty Rate

Key Industries

Healthcare10.0%
Professional Services2.0%
Manufacturing0.0%
Retail11.0%
Education0.0%

Amenities & Transit

Transit Score81 / 100
Walkability / Amenities51 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
15.0%
Master's or Higher
11.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Lake Chaffee?

The total population of Lake Chaffee is approximately 284. The community has a large population of young adults (18-34). This demographic data is sourced from the U.S. Census Bureau.

Is Lake Chaffee walkable and transit-friendly?

Based on local geographic data, Lake Chaffee has an amenity and walkability score of 51/100 and a transit score of 81/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Lake Chaffee?

The housing market in Lake Chaffee is predominantly driven by homeowners, with 77% of housing units being owner-occupied and 23% being renter-occupied.

What is the education level of residents in Lake Chaffee?

In Lake Chaffee, approximately 15% of adult residents hold a bachelor's degree or higher. Additionally, 11% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.