Mystic, CT
Population 4,441 · Connecticut
About Mystic, CT
Mystic is a small town located in Connecticut with a population of 4,441 residents according to the latest US Census Bureau American Community Survey data. The median household income is $146,042 per year, which is 94% above the national median of $75,149. The median age of 57.1 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 Mystic features a median home value of $493,200, which is 101% above the national median of $244,900. This places Mystic in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,688, 45% above the national average of $1,163/month. Of the 2,475 total housing units, 67% are owner-occupied (1,426 units) and 33% are renter-occupied (699 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Mystic shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 1.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Mystic have an average one-way commute time of 20.4 minutes.
Education & Demographics
64.5% of Mystic 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, 1.0% Hispanic or Latino, 0.4% Black or African American, and 0.7% Asian residents, with 6.2% of the population being foreign-born.
Cost of Living in Mystic, CT
Compared to national averages, Mystic has a median household income of $146,042 (94% above the national median of $75,149). Home values average $493,200, which is 101% above the national median. Monthly rent at $1,688 is 45% above the US average of $1,163. Within Connecticut, Mystic's income is 19% above the state average of $123,065, and home values are 5% below the state median of $516,920.
Why Live in Mystic, CT?
Mystic offers a strong local economy with a median household income of $146,042, well above the national average, and a well-educated community where 64.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.8%, better than the national average. Additionally, the city features short commute times averaging just 20.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $493,200. However, Mystic’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mystic has a population of 4,441 with a median age of 57.1 years. Compare Mystic with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Mystic
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Heritage Village | 4,517 | $53,266 | $221,600 | Compare |
| Long Hill CDP (Southeastern Connecticut County), Connecticut | 4,292 | $84,338 | $169,200 | Compare |
| Colchester | 4,624 | $79,685 | $280,500 | Compare |
| Watertown | 4,215 | $98,003 | $278,500 | Compare |
| Danielson | 4,185 | $71,672 | $219,800 | Compare |
| Lake Pocotopaug | 4,715 | $108,430 | $304,700 | Compare |
| Stafford Springs | 4,801 | $70,967 | $200,900 | Compare |
| Collinsville | 4,001 | $104,808 | $376,800 | 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.
Compare Mystic With Other Cities
Frequently Asked Questions about Mystic
What is the population of Mystic, CT?
The population of Mystic, CT is 4,441 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 Mystic?
The median household income in Mystic, CT is $146,042 per year, which is 94% above the national median of $75,149.
What is the median home value in Mystic?
The median home value in Mystic, CT is $493,200, which is 101% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mystic?
The median monthly rent in Mystic, CT is $1,688, which is 45% above the national average of $1,163/month.
What is the unemployment rate in Mystic?
The unemployment rate in Mystic, CT is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Mystic, CT a good place to live?
Mystic offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 4,441 and a median age of 57.1, the city appeals to established professionals and retirees.
How educated is Mystic, CT?
64.5% of residents in Mystic 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 Mystic?
Key cost-of-living indicators for Mystic, CT: median home value is $493,200 (101% above national), median rent is $1,688/month, and median household income is $146,042. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mystic?
The poverty rate in Mystic, CT is 1.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Mystic, CT?
Mystic's population is 0.0% White, 1.0% Hispanic or Latino, 0.4% Black or African American, 0.7% Asian, and 1.5% two or more races. 6.2% of residents are foreign-born.