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Lake Chaffee, 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
235
Population
$104,375
Median Income
$260,700
Home Value
50.5
Median Age

Demographics

Lake Chaffee has a population of 235 with a median age of 50.5. Here is the racial and ethnic breakdown of the population:

White
93.2%
Other
6.8%
Demographic Value
Total Population235
Median Age50.5
White93.2%
Other / Two or More Races6.8%
Lake Chaffee, Connecticut — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 93.2%Other: 6.8%235PopulationWhiteWhite93.2%OtherOther6.8%

Income & Economy

The median household income in Lake Chaffee is $104,375, which is 29.5% above the national median of $80,610. The per capita income is $48,863.

$104,375
Median Household Income
$48,863
Per Capita Income

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Education

In Lake Chaffee, 100.0% of residents age 25+ have a high school diploma or higher, and 25.1% hold a bachelor's degree or higher (16.8% with a graduate or professional degree).

HS Diploma+
100.0%
Bachelor's+
25.1%
Graduate+
16.8%
Education Level % of Adults (25+)
High School Diploma or Higher100.0%
Bachelor's Degree or Higher25.1%
Graduate or Professional Degree16.8%

Housing

The median home value in Lake Chaffee is $260,700, below the national median of $303,400. The homeownership rate is 96.4%.

$260,700
Median Home Value
96.4%
Homeownership Rate
Housing Metric Value
Median Home Value$260,700
Homeownership Rate96.4%
Vacancy Rate29.7%

Salaries in Connecticut

Explore salary data for popular occupations in Connecticut:

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Other Cities in Connecticut

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Frequently Asked Questions

What is the population of Lake Chaffee, Connecticut?
The population of Lake Chaffee, Connecticut is 235 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake Chaffee, Connecticut?
The median household income in Lake Chaffee, Connecticut is $104,375. This is 29.5% above the national median of $80,610.
What is the median home value in Lake Chaffee, Connecticut?
The median home value in Lake Chaffee, Connecticut is $260,700.
What percentage of people in Lake Chaffee have a college degree?
In Lake Chaffee, Connecticut, 25.1% of adults age 25 and older hold a bachelor's degree or higher, and 100.0% have a high school diploma or higher.
Is Lake Chaffee, Connecticut an affordable place to live?
The home price-to-income ratio in Lake Chaffee, Connecticut is 2.5x (median home value $260,700 vs. median income $104,375), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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