ZIP Code 06702

In ZIP code 06702, part of New Haven, households earn a median of just $14,474 a year, while per-person income reaches $18,036 — a gap that hints at many small or single-person households. With home values averaging $286,100, buying property here would demand far more income than most residents report. Sales taxes combine to 6.35%, so everyday purchases take a noticeable bite from already tight earnings. Renters and longtime owners alike face steep pressure between housing costs and daily expenses, and any property tax bill would weigh heavily against such low household earnings.