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Saugatuck

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

Median Home$1,445,237
Median Rent$2,289/month
Population2,888
Leading IndustriesProfessional Services · Education · Healthcare10% professional services
Home Value Growth⬆⬆+14.3% over 2 years
Retirees24% of residentsslightly above average
Homeowners83% of occupied units
NotableHigh Incomes$218k/year · top 1% nationally
NotableTransit92/100 · excellent transit access
Saugatuck
CT

Frequently Asked Questions

What are today's mortgage rates in Saugatuck?

As of today, the 30-year fixed mortgage rate for Saugatuck is approximately 6.781% (6.813% 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 Saugatuck?

The median home value in Saugatuck is $1.4M. The median monthly rent is $2,289. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Saugatuck?

Home values in Saugatuck have increased 14.3% 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 Saugatuck?

Based on a typical all-in ownership cost of $3,700/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $159k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Saugatuck is $218k/year.

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What industries drive the economy in Saugatuck?

The largest employment sectors in Saugatuck are healthcare (19%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.