Cheshire Village, CT
Population 6,049 · Connecticut
About Cheshire Village, CT
Cheshire Village is a small town located in Connecticut with a population of 6,049 residents according to the latest US Census Bureau American Community Survey data. The median household income is $114,923 per year, which is 53% above the national median of $75,149. The median age of 50.3 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 Cheshire Village features a median home value of $393,200, which is 61% above the national median of $244,900. This places Cheshire Village in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,090, 6% below the national average of $1,163/month. Of the 2,731 total housing units, 73% are owner-occupied (1,876 units) and 27% are renter-occupied (693 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cheshire Village shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cheshire Village have an average one-way commute time of 25.2 minutes.
Education & Demographics
61.4% of Cheshire Village 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 0.8% White, 1.1% Hispanic or Latino, 5.1% Black or African American, and 2.3% Asian residents, with 15.2% of the population being foreign-born.
How Cheshire Village Ranks in Connecticut
Cost of Living in Cheshire Village, CT
Compared to national averages, Cheshire Village has a median household income of $114,923 (53% above the national median of $75,149). Home values average $393,200, which is 61% above the national median. Monthly rent at $1,090 is 6% below the US average of $1,163. Within Connecticut, Cheshire Village's income is 7% below the state average of $123,065, and home values are 24% below the state median of $516,920.
Why Live in Cheshire Village, CT?
Cheshire Village offers a strong local economy with a median household income of $114,923, well above the national average, and rent that’s lower than the national average at $1,090/month, and a strong job market with an unemployment rate of just 3.3%. Additionally, the city features a well-educated community where 61.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $393,200. However, Cheshire Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cheshire Village has a population of 6,049 with a median age of 50.3 years. Compare Cheshire Village with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Cheshire Village
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Daniels Farm | 5,995 | $197,731 | $594,800 | Compare |
| Portland | 5,970 | $91,522 | $267,600 | Compare |
| Branford Center | 6,130 | $70,391 | $291,500 | Compare |
| Northford | 6,161 | $104,919 | $372,100 | Compare |
| Sherwood Manor | 5,781 | $96,274 | $241,100 | Compare |
| Simsbury Center | 6,326 | $141,688 | $372,400 | Compare |
| Hazardville | 6,482 | $96,531 | $230,400 | Compare |
| Noroton | 5,522 | $250,001 | $1,545,300 | 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 Cheshire Village With Other Cities
Frequently Asked Questions about Cheshire Village
What is the population of Cheshire Village, CT?
The population of Cheshire Village, CT is 6,049 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Connecticut.
What is the median household income in Cheshire Village?
The median household income in Cheshire Village, CT is $114,923 per year, which is 53% above the national median of $75,149.
What is the median home value in Cheshire Village?
The median home value in Cheshire Village, CT is $393,200, which is 61% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cheshire Village?
The median monthly rent in Cheshire Village, CT is $1,090, which is 6% below the national average of $1,163/month.
What is the unemployment rate in Cheshire Village?
The unemployment rate in Cheshire Village, CT is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Cheshire Village, CT a good place to live?
Cheshire Village offers above-average incomes, a competitive housing market, and a strong job market. With a population of 6,049 and a median age of 50.3, the city appeals to established professionals and retirees.
How educated is Cheshire Village, CT?
61.4% of residents in Cheshire Village 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 Cheshire Village?
Key cost-of-living indicators for Cheshire Village, CT: median home value is $393,200 (61% above national), median rent is $1,090/month, and median household income is $114,923. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cheshire Village?
The poverty rate in Cheshire Village, CT is 5.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cheshire Village, CT?
Cheshire Village's population is 0.8% White, 1.1% Hispanic or Latino, 5.1% Black or African American, 2.3% Asian, and 0.0% two or more races. 15.2% of residents are foreign-born.