Compo, CT
Population 3,561 · Connecticut
About Compo, CT
Compo is a small town located in Connecticut with a population of 3,561 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 44 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 Compo features a median home value of $1,356,900, which is 454% above the national median of $244,900. This places Compo 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 1,281 total housing units, 83% are owner-occupied (1,007 units) and 17% are renter-occupied (210 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Compo shows an unemployment rate of 3.9%, which is near the national rate of 3.7%. The poverty rate stands at 6.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Compo have an average one-way commute time of 36.7 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
81.6% of Compo 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, 1.5% Black or African American, and 2.7% Asian residents, with 17.8% of the population being foreign-born.
How Compo Ranks in Connecticut
Cost of Living in Compo, CT
Compared to national averages, Compo has a median household income of $250,001 (233% above the national median of $75,149). Home values average $1,356,900, which is 454% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Connecticut, Compo's income is 103% above the state average of $123,065, and home values are 162% above the state median of $516,920.
Why Live in Compo, CT?
Compo 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 81.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,356,900. However, Compo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Compo has a population of 3,561 with a median age of 44 years. Compare Compo with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Compo
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Broad Brook | 3,550 | $96,484 | $328,300 | Compare |
| Clinton | 3,547 | $83,333 | $344,200 | Compare |
| Lordship | 3,613 | $85,347 | $432,800 | Compare |
| Durham | 3,508 | $126,406 | $378,900 | Compare |
| Waterford | 3,496 | $75,968 | $245,600 | Compare |
| Stepney | 3,489 | $142,250 | $437,500 | Compare |
| Coleytown | 3,479 | $250,001 | $1,513,400 | Compare |
| Pemberwick | 3,455 | $134,375 | $892,600 | 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 Compo With Other Cities
Frequently Asked Questions about Compo
What is the population of Compo, CT?
The population of Compo, CT is 3,561 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 Compo?
The median household income in Compo, CT is $250,001 per year, which is 233% above the national median of $75,149.
What is the median home value in Compo?
The median home value in Compo, CT is $1,356,900, which is 454% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Compo?
The median monthly rent in Compo, CT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Compo?
The unemployment rate in Compo, CT is 3.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Compo, CT a good place to live?
Compo offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,561 and a median age of 44, the city appeals to a broad range of residents.
How educated is Compo, CT?
81.6% of residents in Compo 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 Compo?
Key cost-of-living indicators for Compo, CT: median home value is $1,356,900 (454% above national), median rent is $0/month, and median household income is $250,001. The home-value-to-income ratio is 5.4x, a moderate figure by national standards.
What is the poverty rate in Compo?
The poverty rate in Compo, CT is 6.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Compo, CT?
Compo's population is 0.0% White, 0.0% Hispanic or Latino, 1.5% Black or African American, 2.7% Asian, and 9.9% two or more races. 17.8% of residents are foreign-born.