Woodmont, CT
Population 1,591 · Connecticut
About Woodmont, CT
Woodmont is a small town located in Connecticut with a population of 1,591 residents according to the latest US Census Bureau American Community Survey data. The median household income is $89,375 per year, which is 19% above the national median of $75,149. The median age of 52.9 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 Woodmont features a median home value of $452,200, which is 85% above the national median of $244,900. This places Woodmont in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,879, 62% above the national average of $1,163/month. Of the 872 total housing units, 81% are owner-occupied (656 units) and 19% are renter-occupied (153 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Woodmont shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Woodmont have an average one-way commute time of 32 minutes.
Education & Demographics
62.1% of Woodmont 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, 2.3% Hispanic or Latino, 4.3% Black or African American, and 1.4% Asian residents, with 6.3% of the population being foreign-born.
How Woodmont Ranks in Connecticut
Cost of Living in Woodmont, CT
Compared to national averages, Woodmont has a median household income of $89,375 (19% above the national median of $75,149). Home values average $452,200, which is 85% above the national median. Monthly rent at $1,879 is 62% above the US average of $1,163. Within Connecticut, Woodmont's income is 27% below the state average of $123,065, and home values are 13% below the state median of $516,920.
Why Live in Woodmont, CT?
Woodmont offers a strong local economy with a median household income of $89,375, well above the national average, and a strong job market with an unemployment rate of just 2.6%, and a well-educated community where 62.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $452,200. However, Woodmont’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Woodmont has a population of 1,591 with a median age of 52.9 years. Compare Woodmont with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Woodmont
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tariffville | 1,607 | $103,125 | $270,300 | Compare |
| Noank | 1,617 | $114,479 | $571,900 | Compare |
| Higganum | 1,549 | $134,750 | $361,600 | Compare |
| Southport | 1,529 | $156,750 | $905,600 | Compare |
| North Granby | 1,510 | $114,167 | $389,200 | Compare |
| South Coventry | 1,509 | $103,466 | $324,300 | Compare |
| New Hartford Center | 1,691 | $78,487 | $216,700 | Compare |
| Woodbury Center | 1,491 | $130,180 | $410,300 | 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 Woodmont With Other Cities
Frequently Asked Questions about Woodmont
What is the population of Woodmont, CT?
The population of Woodmont, CT is 1,591 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 Woodmont?
The median household income in Woodmont, CT is $89,375 per year, which is 19% above the national median of $75,149.
What is the median home value in Woodmont?
The median home value in Woodmont, CT is $452,200, which is 85% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Woodmont?
The median monthly rent in Woodmont, CT is $1,879, which is 62% above the national average of $1,163/month.
What is the unemployment rate in Woodmont?
The unemployment rate in Woodmont, CT is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Woodmont, CT a good place to live?
Woodmont offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,591 and a median age of 52.9, the city appeals to established professionals and retirees.
How educated is Woodmont, CT?
62.1% of residents in Woodmont 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 Woodmont?
Key cost-of-living indicators for Woodmont, CT: median home value is $452,200 (85% above national), median rent is $1,879/month, and median household income is $89,375. The home-value-to-income ratio is 5.1x, a moderate figure by national standards.
What is the poverty rate in Woodmont?
The poverty rate in Woodmont, CT is 2.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Woodmont, CT?
Woodmont's population is 0.0% White, 2.3% Hispanic or Latino, 4.3% Black or African American, 1.4% Asian, and 1.1% two or more races. 6.3% of residents are foreign-born.