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Quasset Lake

Learn about the people, housing, costs and businesses in Quasset Lake, Connecticut

Median Home$421,600
Median Rent$1,445/month
Population224
Leading IndustriesWholesale Trade · Public Administration · Construction12% wholesale trade
Home Value Growth+3.0% over 2 years
Retirees27% of residentsabove average nationally
Homeowners82% of occupied units
NotableTransit86/100 · excellent transit access
NotableHigh Incomes$128k/year · top 7% nationally
Quasset Lake
CT

Frequently Asked Questions

What are today's mortgage rates in Quasset Lake?

As of today, the 30-year fixed mortgage rate for Quasset Lake is approximately 6.941% (6.979% 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 Quasset Lake?

The median home value in Quasset Lake is $422k. The median monthly rent is $1,445. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Quasset Lake?

Home values in Quasset Lake have increased 3.0% over the past two years. This represents moderate growth. 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 Quasset Lake?

Based on a typical all-in ownership cost of $1,829/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $78k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Quasset Lake is $128k/year.

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What industries drive the economy in Quasset Lake?

The largest employment sectors in Quasset Lake are public administration (28%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.