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New Haven

Learn about the people, housing, costs and businesses in New Haven

Median Home$351,328
Median Rent$1,632/month
Population570,598
Leading IndustriesPublic Administration · Professional Services33% public administration
Home Value Growth⬆⬆+20.8% over 2 years
Retirees19% of residentsnear the national average
Homeowners61% of occupied units
NotableAmenity Score79/100 · highly walkable area
NotableTransit83/100 · excellent transit access
New Haven

Frequently Asked Questions

What are today's mortgage rates in New Haven?

Mortgage rates for New Haven are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

View current rates for New Haven
What is the median home price in New Haven?

The median home value in New Haven is $351k. The median monthly rent is $1,632. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Haven?

Home values in New Haven have increased 20.8% 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 New Haven?

Based on a typical all-in ownership cost of $1,791/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $77k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Haven is $98k/year.

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What industries drive the economy in New Haven?

The largest employment sectors in New Haven are public administration (33%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.