Candlewood Isle, CT
Population 569 · Connecticut
About Candlewood Isle, CT
Candlewood Isle is a small community located in Connecticut with a population of 569 residents according to the latest US Census Bureau American Community Survey data. The median household income is $250,001 per year, which is 233% above the national median of $75,149. The median age of 47.6 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 Candlewood Isle features a median home value of $981,000, which is 301% above the national median of $244,900. This places Candlewood Isle in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 460 total housing units, 95% are owner-occupied (205 units) and 5% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Candlewood Isle shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Candlewood Isle have an average one-way commute time of 47.8 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
63.7% of Candlewood Isle residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.7% Hispanic or Latino, 3.9% Black or African American, and 1.4% Asian residents, with 28.3% of the population being foreign-born.
How Candlewood Isle Ranks in Connecticut
Cost of Living in Candlewood Isle, CT
Compared to national averages, Candlewood Isle has a median household income of $250,001 (233% above the national median of $75,149). Home values average $981,000, which is 301% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Connecticut, Candlewood Isle's income is 103% above the state average of $123,065, and home values are 90% above the state median of $516,920.
Why Live in Candlewood Isle, CT?
Candlewood Isle offers a strong local economy with a median household income of $250,001, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 63.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $981,000. However, Candlewood Isle’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Candlewood Isle has a population of 569 with a median age of 47.6 years. Compare Candlewood Isle with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Candlewood Isle
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Bungee | 566 | $83,936 | $248,800 | Compare |
| Candlewood Shores | 534 | $178,510 | $399,400 | Compare |
| Norfolk | 608 | $85,313 | $325,000 | Compare |
| Groton Long Point | 511 | $122,500 | $897,400 | Compare |
| Taylor Corners | 501 | $107,614 | $563,300 | Compare |
| Lakeville | 641 | $95,156 | $822,200 | Compare |
| Sharon | 495 | $158,146 | $276,300 | 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 Candlewood Isle With Other Cities
Frequently Asked Questions about Candlewood Isle
What is the population of Candlewood Isle, CT?
The population of Candlewood Isle, CT is 569 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 Candlewood Isle?
The median household income in Candlewood Isle, CT is $250,001 per year, which is 233% above the national median of $75,149.
What is the median home value in Candlewood Isle?
The median home value in Candlewood Isle, CT is $981,000, which is 301% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Candlewood Isle?
The median monthly rent in Candlewood Isle, CT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Candlewood Isle?
The unemployment rate in Candlewood Isle, CT is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Candlewood Isle, CT a good place to live?
Candlewood Isle offers above-average incomes, a competitive housing market, and a strong job market. With a population of 569 and a median age of 47.6, the city appeals to established professionals and retirees.
How educated is Candlewood Isle, CT?
63.7% of residents in Candlewood Isle aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Candlewood Isle?
Key cost-of-living indicators for Candlewood Isle, CT: median home value is $981,000 (301% above national), median rent is $0/month, and median household income is $250,001. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Candlewood Isle?
The poverty rate in Candlewood Isle, CT is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Candlewood Isle, CT?
Candlewood Isle's population is 0.0% White, 0.7% Hispanic or Latino, 3.9% Black or African American, 1.4% Asian, and 0.0% two or more races. 28.3% of residents are foreign-born.