ZIP Code 06437

Homes in ZIP code 06437, near New Haven, carry a median value of $515,000, while households earn a median of $137,615 and per-capita income reaches $73,108. That relationship between earnings and home prices shapes how property taxes land on owners here. A 6.35% combined sales tax applies to purchases in the area, adding to the overall cost of living. Because incomes run high against the median home value, the yearly tax bill tied to that assessment consumes a smaller share of household earnings than it would in places where wages trail housing costs by a wider margin.