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Riverside

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

Median Home$1,678,181
Median Rent$3,501/month
Population9,107
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare8% professional services
Home Value Growth+9.9% over 2 years
Family-Friendly31% of residentstop 3% nationally
Homeowners83% of occupied units
NotableHigh Incomes$243k/year · top 1% nationally
NotableTransit92/100 · excellent transit access
Riverside
CT

Frequently Asked Questions

What are today's mortgage rates in Riverside?

As of today, the 30-year fixed mortgage rate for Riverside is approximately 6.810% (6.843% 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 Riverside?

The median home value in Riverside is $1.7M. The median monthly rent is $3,501. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Riverside?

Home values in Riverside have increased 9.9% 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 Riverside?

Based on a typical all-in ownership cost of $3,771/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $162k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Riverside is $243k/year.

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What industries drive the economy in Riverside?

The largest employment sectors in Riverside are healthcare (18%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.