Coleytown, CT
Population 3,479 · Connecticut
About Coleytown, CT
Coleytown is a small town located in Connecticut with a population of 3,479 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 46 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 Coleytown features a median home value of $1,513,400, which is 518% above the national median of $244,900. This places Coleytown 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 1,150 total housing units, 95% are owner-occupied (1,093 units) and 5% are renter-occupied (57 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Coleytown shows an unemployment rate of 6.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Coleytown have an average one-way commute time of 45 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
79.2% of Coleytown 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, 0.1% Hispanic or Latino, 0.0% Black or African American, and 3.0% Asian residents, with 15.6% of the population being foreign-born.
How Coleytown Ranks in Connecticut
Cost of Living in Coleytown, CT
Compared to national averages, Coleytown has a median household income of $250,001 (233% above the national median of $75,149). Home values average $1,513,400, which is 518% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Connecticut, Coleytown's income is 103% above the state average of $123,065, and home values are 193% above the state median of $516,920.
Why Live in Coleytown, CT?
Coleytown 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 well-educated community where 79.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,513,400. However, Coleytown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Coleytown has a population of 3,479 with a median age of 46 years. Compare Coleytown with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Coleytown
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stepney | 3,489 | $142,250 | $437,500 | Compare |
| Waterford | 3,496 | $75,968 | $245,600 | Compare |
| Pemberwick | 3,455 | $134,375 | $892,600 | Compare |
| Durham | 3,508 | $126,406 | $378,900 | Compare |
| Tashua | 3,436 | $197,000 | $630,800 | Compare |
| Jewett City | 3,412 | $55,590 | $196,600 | Compare |
| Clinton | 3,547 | $83,333 | $344,200 | Compare |
| Broad Brook | 3,550 | $96,484 | $328,300 | 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 Coleytown With Other Cities
Frequently Asked Questions about Coleytown
What is the population of Coleytown, CT?
The population of Coleytown, CT is 3,479 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 Coleytown?
The median household income in Coleytown, CT is $250,001 per year, which is 233% above the national median of $75,149.
What is the median home value in Coleytown?
The median home value in Coleytown, CT is $1,513,400, which is 518% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Coleytown?
The median monthly rent in Coleytown, CT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Coleytown?
The unemployment rate in Coleytown, CT is 6.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Coleytown, CT a good place to live?
Coleytown offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,479 and a median age of 46, the city appeals to established professionals and retirees.
How educated is Coleytown, CT?
79.2% of residents in Coleytown 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 Coleytown?
Key cost-of-living indicators for Coleytown, CT: median home value is $1,513,400 (518% above national), median rent is $0/month, and median household income is $250,001. The home-value-to-income ratio is 6.1x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Coleytown?
The poverty rate in Coleytown, CT is 2.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Coleytown, CT?
Coleytown's population is 0.0% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 3.0% Asian, and 0.1% two or more races. 15.6% of residents are foreign-born.