Candlewood Shores, CT
Population 534 · Connecticut
About Candlewood Shores, CT
Candlewood Shores is a small community located in Connecticut with a population of 534 residents according to the latest US Census Bureau American Community Survey data. The median household income is $178,510 per year, which is 138% above the national median of $75,149. The median age of 41.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Candlewood Shores features a median home value of $399,400, which is 63% above the national median of $244,900. This places Candlewood Shores 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 334 total housing units, 100% are owner-occupied (237 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 Shores shows an unemployment rate of 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Candlewood Shores have an average one-way commute time of 27.7 minutes.
Education & Demographics
59.3% of Candlewood Shores 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 2.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.8% of the population being foreign-born.
How Candlewood Shores Ranks in Connecticut
Cost of Living in Candlewood Shores, CT
Compared to national averages, Candlewood Shores has a median household income of $178,510 (138% above the national median of $75,149). Home values average $399,400, which is 63% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Connecticut, Candlewood Shores's income is 45% above the state average of $123,065, and home values are 23% below the state median of $516,920.
Why Live in Candlewood Shores, CT?
Candlewood Shores offers a strong local economy with a median household income of $178,510, 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 3.5%. Additionally, the city features a well-educated community where 59.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $399,400. However, Candlewood Shores’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Candlewood Shores has a population of 534 with a median age of 41.8 years. Compare Candlewood Shores with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Candlewood Shores
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Groton Long Point | 511 | $122,500 | $897,400 | Compare |
| Lake Bungee | 566 | $83,936 | $248,800 | Compare |
| Taylor Corners | 501 | $107,614 | $563,300 | Compare |
| Candlewood Isle | 569 | $250,001 | $981,000 | Compare |
| Sharon | 495 | $158,146 | $276,300 | Compare |
| Witches Woods | 472 | $250,001 | $431,800 | Compare |
| Mamanasco Lake | 462 | $243,750 | $856,600 | Compare |
| Norfolk | 608 | $85,313 | $325,000 | 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 Shores With Other Cities
Frequently Asked Questions about Candlewood Shores
What is the population of Candlewood Shores, CT?
The population of Candlewood Shores, CT is 534 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 Shores?
The median household income in Candlewood Shores, CT is $178,510 per year, which is 138% above the national median of $75,149.
What is the median home value in Candlewood Shores?
The median home value in Candlewood Shores, CT is $399,400, which is 63% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Candlewood Shores?
The median monthly rent in Candlewood Shores, CT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Candlewood Shores?
The unemployment rate in Candlewood Shores, CT is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Candlewood Shores, CT a good place to live?
Candlewood Shores offers above-average incomes, a competitive housing market, and a strong job market. With a population of 534 and a median age of 41.8, the city appeals to a broad range of residents.
How educated is Candlewood Shores, CT?
59.3% of residents in Candlewood Shores 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 Shores?
Key cost-of-living indicators for Candlewood Shores, CT: median home value is $399,400 (63% above national), median rent is $0/month, and median household income is $178,510. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Candlewood Shores?
The poverty rate in Candlewood Shores, CT is 5.4%, 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 Shores, CT?
Candlewood Shores's population is 2.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.8% of residents are foreign-born.