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Woodbridge

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

Median Home$588,655
Median Rent$1,769/month
Population9,143
Leading IndustriesArts, Food & Hospitality · Transportation · Healthcare10% arts, food & hospitality
Home Value Growth⬆⬆+20.3% over 2 years
Retirees20% of residentsnear the national average
Homeowners93% of occupied units
NotableHigh Incomes$183k/year · top 4% nationally
NotableHighly Educated28% bachelor's · 13% graduate · top 7% nationally
Woodbridge
CT

Frequently Asked Questions

What are today's mortgage rates in Woodbridge?

As of today, the 30-year fixed mortgage rate for Woodbridge is approximately 6.821% (6.854% 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 Woodbridge?

The median home value in Woodbridge is $589k. The median monthly rent is $1,769. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Woodbridge?

Home values in Woodbridge have increased 20.3% 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 Woodbridge?

Based on a typical all-in ownership cost of $2,697/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $116k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Woodbridge is $183k/year.

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What industries drive the economy in Woodbridge?

The largest employment sectors in Woodbridge are public administration (24%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.