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Simsbury Center

Learn about the people, housing, costs and businesses in Simsbury Center, Connecticut

Median Home$440,618
Median Rent$1,993/month
Population6,493
Leading IndustriesArts, Food & Hospitality · Public Administration · Professional Services10% arts, food & hospitality
Home Value Growth⬆⬆+18.4% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners75% of occupied units
NotableHigh Incomes$170k/year · top 2% nationally
NotableHighly Educated36% bachelor's · 21% graduate · top 3% nationally
Simsbury Center
CT

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Simsbury Center?

As of today, the 30-year fixed mortgage rate for Simsbury Center is approximately 6.906% (6.942% 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 Simsbury Center?

The median home value in Simsbury Center is $441k. The median monthly rent is $1,993. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Simsbury Center?

Home values in Simsbury Center have increased 18.4% 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 Simsbury Center?

Based on a typical all-in ownership cost of $2,291/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $98k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Simsbury Center is $170k/year.

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What industries drive the economy in Simsbury Center?

The largest employment sectors in Simsbury Center are public administration (28%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.