New Haven, Connecticut is a mid-sized city with a population of 130,405 people. New Haven has a population density of 6,977 people per square mile. This would be considered well above the national population density level. New Haven is known to be an ethnically diverse city. The two most common races are White (43%) and Black or African American (34%). Additionally, more than a quarter of the population of New Haven are of Hispanic or Latino origin, and 25% of the population also speak Spanish. New Haven tends to attract a younger crowd, as the median age of 31 is far below the national average. Single men and women might be happy to hear that in CityName, only New Haven% of the population is married.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in New Haven could be a positive experience compared to other cities in Connecticut if you know where to search. The best areas in New Haven and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Connecticut and national averages.
New Haven, CT receives 50/100 for its livability score; this results in a ranking of #142 in Connecticut and #28,715 in the USA. This is not a favorable rating; as this score ranks among some of the lowest in America. Living in New Haven may not be a pleasant experience. In fact, New Haven actually ranks among the lowest 10 percentile of cities across the nation. Based on the rankings for each individual category, New Haven has been rewarded with high marks for amenities (A+). On a more negative note, New Haven does not have favorable scores for the following: crime (F), cost of living (F), education (F), employment (F) and housing (F). If we take a look at the data, we can find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., New Haven has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the notable things to do include: Yale University, Yale Peabody Museum of Natural History, and Yale Center for British Art.
New Haven real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in New Haven. Median real estate prices in New Haven come in at $190,700, which is 29.2% lower than the Connecticut average. The home price to income ratio compares the median home prices to the median household income. In New Haven, the home price to income ratio is 5, which is 31.6% higher than the Connecticut average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the New Haven area were 5.6% and 5 year appreciation rates were 2.1%.