Bantam, CT
Population 762 · Connecticut
About Bantam, CT
Bantam is a small community located in Connecticut with a population of 762 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,406 per year, which is 32% below the national median of $75,149. The median age of 49.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Bantam features a median home value of $292,000, which is 19% above the national median of $244,900. This positions Bantam in a moderately priced market relative to the rest of the country. Median monthly rent is $666, 43% below the national average of $1,163/month. Of the 468 total housing units, 45% are owner-occupied (186 units) and 55% are renter-occupied (223 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Bantam shows an unemployment rate of 5.5%, which is near the national rate of 3.7%. The poverty rate stands at 12.7%, above the national average of 12.4%. Workers in Bantam have an average one-way commute time of 29.8 minutes.
Education & Demographics
22.7% of Bantam residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 2.1% Black or African American, and 0.8% Asian residents, with 0.3% of the population being foreign-born.
How Bantam Ranks in Connecticut
Cost of Living in Bantam, CT
Compared to national averages, Bantam has a median household income of $51,406 (32% below the national median of $75,149). Home values average $292,000, which is 19% above the national median. Monthly rent at $666 is 43% below the US average of $1,163. Within Connecticut, Bantam's income is 58% below the state average of $123,065, and home values are 44% below the state median of $516,920.
Why Live in Bantam, CT?
Bantam offers rent that’s lower than the national average at $666/month.
Potential considerations include median household income ($51,406) that falls below the national average. However, Bantam’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bantam has a population of 762 with a median age of 49.8 years. Compare Bantam with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Bantam
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Plattsville | 742 | $164,219 | $603,700 | Compare |
| Weston | 795 | $250,001 | $1,074,300 | Compare |
| Botsford | 702 | $205,469 | $525,000 | Compare |
| Murray | 688 | $250,001 | $970,800 | Compare |
| Bigelow Corners | 841 | $117,396 | $443,300 | Compare |
| Candlewood Orchards | 683 | $120,469 | $368,000 | Compare |
| Cannondale | 677 | $250,001 | $1,892,900 | Compare |
| Gaylordsville | 659 | $115,398 | $467,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Connecticut
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Bantam With Other Cities
Frequently Asked Questions about Bantam
What is the population of Bantam, CT?
The population of Bantam, CT is 762 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Connecticut.
What is the median household income in Bantam?
The median household income in Bantam, CT is $51,406 per year, which is 32% below the national median of $75,149.
What is the median home value in Bantam?
The median home value in Bantam, CT is $292,000, which is 19% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Bantam?
The median monthly rent in Bantam, CT is $666, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Bantam?
The unemployment rate in Bantam, CT is 5.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bantam, CT a good place to live?
Bantam offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 762 and a median age of 49.8, the city appeals to established professionals and retirees.
How educated is Bantam, CT?
22.7% of residents in Bantam aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Bantam?
Key cost-of-living indicators for Bantam, CT: median home value is $292,000 (19% above national), median rent is $666/month, and median household income is $51,406. The home-value-to-income ratio is 5.7x, a moderate figure by national standards.
What is the poverty rate in Bantam?
The poverty rate in Bantam, CT is 12.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Bantam, CT?
Bantam's population is 0.0% White, 0.0% Hispanic or Latino, 2.1% Black or African American, 0.8% Asian, and 0.0% two or more races. 0.3% of residents are foreign-born.