Colchester, CT
Population 4,624 · Connecticut
About Colchester, CT
Colchester is a small community in Connecticut with a population of 4,624 residents. The median household income is $79,685 per year, which is above the national average. The median age in Colchester is 52 years.
Housing in Colchester has a median home value of $280,500 and median monthly rent of $1,444. Of the 2,331 total housing units, the majority are owner-occupied, with 1,208 owner-occupied and 950 renter-occupied units.
The unemployment rate in Colchester is 3.4% and the poverty rate is 7.8%. 34.4% of residents hold a bachelor's degree or higher. The average commute time is 31.5 minutes.
How Colchester Ranks in Connecticut
Cost of Living in Colchester, CT
Compared to national averages, Colchester has a median household income of $79,685 (6% above the national median of $75,149). Home values average $280,500, which is 15% above the national median. Monthly rent at $1,444 is 24% above the US average of $1,163. Within Connecticut, Colchester's income is 35% below the state average of $123,065, and home values are 46% below the state median of $516,920.
Why Live in Colchester, CT?
Colchester offers a strong local economy with a median household income of $79,685, well above the national average, and a strong job market with an unemployment rate of just 3.4%, and a well-educated community where 34.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.8%, better than the national average.
Colchester has a population of 4,624 with a median age of 52 years. Compare Colchester with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Colchester
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Pocotopaug | 4,715 | $108,430 | $304,700 | Compare |
| Heritage Village | 4,517 | $53,266 | $221,600 | Compare |
| Stafford Springs | 4,801 | $70,967 | $200,900 | Compare |
| Mystic | 4,441 | $146,042 | $493,200 | Compare |
| Long Hill CDP (Southeastern Connecticut County), Connecticut | 4,292 | $84,338 | $169,200 | Compare |
| Byram | 5,011 | $92,444 | $790,800 | Compare |
| Watertown | 4,215 | $98,003 | $278,500 | Compare |
| Danielson | 4,185 | $71,672 | $219,800 | 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.
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Frequently Asked Questions about Colchester
What is the population of Colchester, CT?
The population of Colchester, CT is 4,624 according to the latest Census data.
What is the median household income in Colchester?
The median household income in Colchester, CT is $79,685 per year.
What is the median home value in Colchester?
The median home value in Colchester, CT is $280,500.
What is the average rent in Colchester?
The median monthly rent in Colchester, CT is $1,444.
What is the unemployment rate in Colchester?
The unemployment rate in Colchester, CT is 3.4%.