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Riverton

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

Median Home$368,000
Median Rent$1,164/month
Population161
Leading IndustriesRetail · Public Administration · Education22% retail
Home Value Growth⬆⬆+11.1% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners92% of occupied units
NotableHigh Incomes$124k/year · top 8% nationally
Riverton
CT

Frequently Asked Questions

What are today's mortgage rates in Riverton?

As of today, the 30-year fixed mortgage rate for Riverton is approximately 6.974% (7.016% 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 Riverton?

The median home value in Riverton is $368k. The median monthly rent is $1,164. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Riverton?

Home values in Riverton have increased 11.1% 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 Riverton?

Based on a typical all-in ownership cost of $1,788/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 Riverton is $124k/year.

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What industries drive the economy in Riverton?

The largest employment sectors in Riverton are public administration (28%) and retail (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.