Niantic, CT
Population 3,302 · Connecticut
About Niantic, CT
Niantic is a small town located in Connecticut with a population of 3,302 residents according to the latest US Census Bureau American Community Survey data. The median household income is $82,604 per year, which is 10% above the national median of $75,149. The median age of 57.3 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 Niantic features a median home value of $370,200, which is 51% above the national median of $244,900. This places Niantic in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,473, 27% above the national average of $1,163/month. Of the 2,014 total housing units, 69% are owner-occupied (1,102 units) and 31% are renter-occupied (503 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Niantic shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Niantic have an average one-way commute time of 23.4 minutes.
Education & Demographics
47.3% of Niantic 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, 0.3% Hispanic or Latino, 1.1% Black or African American, and 0.0% Asian residents, with 5.1% of the population being foreign-born.
How Niantic Ranks in Connecticut
Cost of Living in Niantic, CT
Compared to national averages, Niantic has a median household income of $82,604 (10% above the national median of $75,149). Home values average $370,200, which is 51% above the national median. Monthly rent at $1,473 is 27% above the US average of $1,163. Within Connecticut, Niantic's income is 33% below the state average of $123,065, and home values are 28% below the state median of $516,920.
Why Live in Niantic, CT?
Niantic offers a strong local economy with a median household income of $82,604, well above the national average, and a strong job market with an unemployment rate of just 1.4%, and a well-educated community where 47.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.7%, better than the national average, and short commute times averaging just 23.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $370,200. However, Niantic’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Niantic has a population of 3,302 with a median age of 57.3 years. Compare Niantic with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Niantic
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Moosup | 3,218 | $75,469 | $269,000 | Compare |
| Jewett City | 3,412 | $55,590 | $196,600 | Compare |
| Old Mystic | 3,189 | $119,444 | $324,600 | Compare |
| Tashua | 3,436 | $197,000 | $630,800 | Compare |
| East Hampton | 3,159 | $120,875 | $315,900 | Compare |
| Pemberwick | 3,455 | $134,375 | $892,600 | Compare |
| Northwest Harwinton | 3,126 | $97,977 | $323,600 | Compare |
| Coleytown | 3,479 | $250,001 | $1,513,400 | 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 Niantic With Other Cities
Frequently Asked Questions about Niantic
What is the population of Niantic, CT?
The population of Niantic, CT is 3,302 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 Niantic?
The median household income in Niantic, CT is $82,604 per year, which is 10% above the national median of $75,149.
What is the median home value in Niantic?
The median home value in Niantic, CT is $370,200, which is 51% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Niantic?
The median monthly rent in Niantic, CT is $1,473, which is 27% above the national average of $1,163/month.
What is the unemployment rate in Niantic?
The unemployment rate in Niantic, CT is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Niantic, CT a good place to live?
Niantic offers above-average incomes, a competitive housing market, and a strong job market. With a population of 3,302 and a median age of 57.3, the city appeals to established professionals and retirees.
How educated is Niantic, CT?
47.3% of residents in Niantic 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 Niantic?
Key cost-of-living indicators for Niantic, CT: median home value is $370,200 (51% above national), median rent is $1,473/month, and median household income is $82,604. The home-value-to-income ratio is 4.5x, a moderate figure by national standards.
What is the poverty rate in Niantic?
The poverty rate in Niantic, CT is 3.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Niantic, CT?
Niantic's population is 0.0% White, 0.3% Hispanic or Latino, 1.1% Black or African American, 0.0% Asian, and 0.4% two or more races. 5.1% of residents are foreign-born.