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Lake Bungee, Connecticut

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
543
Population
$88,369
Median Income
$289,200
Home Value
61.1
Median Age

Demographics

Lake Bungee has a population of 543 with a median age of 61.1. Here is the racial and ethnic breakdown of the population:

White
98.7%
Other
1.3%
Demographic Value
Total Population543
Median Age61.1
White98.7%
Other / Two or More Races1.3%
Lake Bungee, Connecticut — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 98.7%Other: 1.3%543PopulationWhiteWhite98.7%OtherOther1.3%

Income & Economy

The median household income in Lake Bungee is $88,369, which is 9.6% above the national median of $80,610. The per capita income is $49,854. The poverty rate is 8.8%.

$88,369
Median Household Income
$49,854
Per Capita Income
8.8%
Poverty Rate

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Education

In Lake Bungee, 97.5% of residents age 25+ have a high school diploma or higher, and 17.7% hold a bachelor's degree or higher (6.0% with a graduate or professional degree).

HS Diploma+
97.5%
Bachelor's+
17.7%
Graduate+
6.0%
Education Level % of Adults (25+)
High School Diploma or Higher97.5%
Bachelor's Degree or Higher17.7%
Graduate or Professional Degree6.0%

Housing

The median home value in Lake Bungee is $289,200, below the national median of $303,400. The homeownership rate is 75.6%.

$289,200
Median Home Value
75.6%
Homeownership Rate
Housing Metric Value
Median Home Value$289,200
Homeownership Rate75.6%
Vacancy Rate10.5%

Salaries in Connecticut

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Frequently Asked Questions

What is the population of Lake Bungee, Connecticut?
The population of Lake Bungee, Connecticut is 543 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake Bungee, Connecticut?
The median household income in Lake Bungee, Connecticut is $88,369. This is 9.6% above the national median of $80,610.
What is the median home value in Lake Bungee, Connecticut?
The median home value in Lake Bungee, Connecticut is $289,200.
What percentage of people in Lake Bungee have a college degree?
In Lake Bungee, Connecticut, 17.7% of adults age 25 and older hold a bachelor's degree or higher, and 97.5% have a high school diploma or higher.
Is Lake Bungee, Connecticut an affordable place to live?
The home price-to-income ratio in Lake Bungee, Connecticut is 3.3x (median home value $289,200 vs. median income $88,369), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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