Candlewood Lake Club, CT
Population 235 · Connecticut
About Candlewood Lake Club, CT
Candlewood Lake Club is a small community located in Connecticut with a population of 235 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 69.9 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 Lake Club features a median home value of $1,663,000, which is 579% above the national median of $244,900. This places Candlewood Lake Club 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 122 total housing units, 100% are owner-occupied (104 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Candlewood Lake Club 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 Lake Club have an average one-way commute time of 45.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
75.5% of Candlewood Lake Club 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 16.6% of the population being foreign-born.
How Candlewood Lake Club Ranks in Connecticut
Cost of Living in Candlewood Lake Club, CT
Compared to national averages, Candlewood Lake Club has a median household income of $250,001 (233% above the national median of $75,149). Home values average $1,663,000, which is 579% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Connecticut, Candlewood Lake Club's income is 103% above the state average of $123,065, and home values are 222% above the state median of $516,920.
Why Live in Candlewood Lake Club, CT?
Candlewood Lake Club 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 75.5% 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 $1,663,000. However, Candlewood Lake Club’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Candlewood Lake Club has a population of 235 with a median age of 69.9 years. Compare Candlewood Lake Club with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Candlewood Lake Club
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Quasset Lake | 233 | $96,641 | $369,600 | Compare |
| Cornwall Bridge | 239 | $30,357 | $362,500 | Compare |
| Redding Center | 217 | $183,796 | $509,600 | Compare |
| Brookfield Center | 201 | $208,333 | $577,800 | Compare |
| Dodgingtown | 199 | $0 | $486,500 | Compare |
| Knollcrest | 277 | $0 | $475,000 | Compare |
| Lake Chaffee | 299 | $97,813 | $252,800 | Compare |
| Bogus Hill | 163 | $250,001 | $0 | 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 Lake Club With Other Cities
Frequently Asked Questions about Candlewood Lake Club
What is the population of Candlewood Lake Club, CT?
The population of Candlewood Lake Club, CT is 235 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 Lake Club?
The median household income in Candlewood Lake Club, CT is $250,001 per year, which is 233% above the national median of $75,149.
What is the median home value in Candlewood Lake Club?
The median home value in Candlewood Lake Club, CT is $1,663,000, which is 579% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Candlewood Lake Club?
The median monthly rent in Candlewood Lake Club, CT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Candlewood Lake Club?
The unemployment rate in Candlewood Lake Club, 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 Lake Club, CT a good place to live?
Candlewood Lake Club offers above-average incomes, a competitive housing market, and a strong job market. With a population of 235 and a median age of 69.9, the city appeals to established professionals and retirees.
How educated is Candlewood Lake Club, CT?
75.5% of residents in Candlewood Lake Club 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 Lake Club?
Key cost-of-living indicators for Candlewood Lake Club, CT: median home value is $1,663,000 (579% above national), median rent is $0/month, and median household income is $250,001. The home-value-to-income ratio is 6.7x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Candlewood Lake Club?
The poverty rate in Candlewood Lake Club, 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 Lake Club, CT?
Candlewood Lake Club's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 16.6% of residents are foreign-born.