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Wethersfield

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

Median Home$341,400
Median Rent$1,566/month
Population27,250
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Professional Services28% public administration
Home Value Growth⬆⬆+20.5% over 2 years
Young Adults24% of residents
Homeowners81% of occupied units
NotableHigh Incomes$135k/year · top 6% nationally
NotableHighly Educated29% bachelor's · 20% graduate · top 10% nationally
Wethersfield
CT

Frequently Asked Questions

What are today's mortgage rates in Wethersfield?

As of today, the 30-year fixed mortgage rate for Wethersfield is approximately 6.929% (6.966% 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 Wethersfield?

The median home value in Wethersfield is $341k. The median monthly rent is $1,566. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wethersfield?

Home values in Wethersfield have increased 20.5% 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 Wethersfield?

Based on a typical all-in ownership cost of $1,887/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $81k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wethersfield is $135k/year.

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What industries drive the economy in Wethersfield?

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