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Niantic, Connecticut Mortgage and Housing Information
Population: 3,085
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Niantic
Income
| U.S. | Connecticut | Niantic | |
|---|---|---|---|
| Median Earnings | $23,755 | $30,409 | $31,910 |
| Median Earnings, Males | $29,458 | $37,584 | $41,811 |
| Median Earnings, Females | $18,957 | $24,046 | $23,911 |
Males earn $17,900 (74.9%) more than Females in Niantic.
Commuting in Niantic
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 1,451 |
| Carpooled | 185 |
| Public Transit | 7 |
| Bicycle | 0 |
| Walking | 31 |
| Other Means | 0 |
| Total, Commuted | 1,674 |
| Worked from home | 41 |
| Total | 1,715 |
Time Spent Commuting in Niantic
Time spent commuting in Niantic
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 96 |
| 5-9 | 217 |
| 10-14 | 184 |
| 15-19 | 289 |
| 20-24 | 394 |
| 25-29 | 113 |
| 30-34 | 141 |
| 35-39 | 38 |
| 40-44 | 36 |
| 45-59 | 67 |
| 60-89 | 52 |
| Over 90 | 47 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 215 | 20.0% | 254 | 23.6% |
| Associate Degree | 58 | 5.4% | 127 | 11.8% |
| Bachelor's Degree | 156 | 14.5% | 281 | 26.2% |
| Master's Degree | 131 | 12.2% | 74 | 6.9% |
| Professional Degree | 16 | 1.5% | 37 | 3.4% |
| Doctorate Degree | 6 | 0.6% | 17 | 1.6% |
| Total (at least some college) | 582 | 54.2% | 790 | 60.4% |
| Total over 25 | 1,074 | 100% | 1,307 | 100% |
Housing in Niantic
Cost of Single-Family Houses
| Median price asked in year 2000 | $275,000 |
|---|
Value of Houses and Condos
| U.S. | Connecticut | Niantic | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $160,600 | $147,500 |
Monthly Owner Costs
| U.S. | Connecticut | Niantic | |
|---|---|---|---|
| With a mortgage | $1,088 | $1,426 | $1,200 |
| Without a mortgage | $295 | $473 | $405 |
Tenancy in Niantic
| Owner-occupied homes | 902 |
|---|---|
| Renter-occupied homes | 502 |
| Homes for sale | 17 |
| Homes for rent | 56 |
| Total | 1,756 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Niantic (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 356 | 41.4% |
| First Mortgage Only | 375 | 43.7% |
| Second Mortgage and/or Home Equity Loan | 128 | 14.9% |
| Total | 859 | 100% |
Age of Niantic Residents
| Males | Females |
|---|---|
| 41 | 43 |
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