Quasset Lake, CT
Population 233 · Connecticut
About Quasset Lake, CT
Quasset Lake is a small community located in Connecticut with a population of 233 residents according to the latest US Census Bureau American Community Survey data. The median household income is $96,641 per year, which is 29% above the national median of $75,149. The median age of 27.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Quasset Lake features a median home value of $369,600, which is 51% above the national median of $244,900. This places Quasset Lake 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 110 total housing units, 86% are owner-occupied (68 units) and 14% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Quasset Lake shows an unemployment rate of 11.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Quasset Lake have an average one-way commute time of 47.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
60.7% of Quasset Lake 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, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Quasset Lake, CT
Compared to national averages, Quasset Lake has a median household income of $96,641 (29% above the national median of $75,149). Home values average $369,600, which is 51% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Connecticut, Quasset Lake's income is 21% below the state average of $123,065, and home values are 28% below the state median of $516,920.
Why Live in Quasset Lake, CT?
Quasset Lake offers a strong local economy with a median household income of $96,641, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 60.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $369,600. However, Quasset Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Quasset Lake has a population of 233 with a median age of 27.9 years. Compare Quasset Lake with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Quasset Lake
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Candlewood Lake Club | 235 | $250,001 | $1,663,000 | Compare |
| Cornwall Bridge | 239 | $30,357 | $362,500 | Compare |
| Redding Center | 217 | $183,796 | $509,600 | Compare |
| Brookfield Center | 201 | $208,333 | $577,800 | Compare |
| Dodgingtown | 199 | $0 | $486,500 | Compare |
| Knollcrest | 277 | $0 | $475,000 | Compare |
| Lake Chaffee | 299 | $97,813 | $252,800 | Compare |
| Bogus Hill | 163 | $250,001 | $0 | 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 Quasset Lake With Other Cities
Frequently Asked Questions about Quasset Lake
What is the population of Quasset Lake, CT?
The population of Quasset Lake, CT is 233 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Connecticut.
What is the median household income in Quasset Lake?
The median household income in Quasset Lake, CT is $96,641 per year, which is 29% above the national median of $75,149.
What is the median home value in Quasset Lake?
The median home value in Quasset Lake, CT is $369,600, which is 51% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Quasset Lake?
The median monthly rent in Quasset Lake, CT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Quasset Lake?
The unemployment rate in Quasset Lake, CT is 11.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Quasset Lake, CT a good place to live?
Quasset Lake offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 233 and a median age of 27.9, the city appeals to young professionals and families.
How educated is Quasset Lake, CT?
60.7% of residents in Quasset Lake 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 Quasset Lake?
Key cost-of-living indicators for Quasset Lake, CT: median home value is $369,600 (51% above national), median rent is $0/month, and median household income is $96,641. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Quasset Lake?
The poverty rate in Quasset Lake, CT is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Quasset Lake, CT?
Quasset Lake's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.