Income needed to buy a home
Middlesex County, CT
$172,891
a year in household income to buy the typical Middlesex County home with 10% down.
The monthly math
Typical home value$464,640
Down payment (10%)$46,464
Loan$418,176
Principal and interest (7.40%)$2,895/mo
Property tax (1.89% a year)$732/mo
Homeowners insurance (estimate)$232/mo
Mortgage insurance$174/mo
Total monthly cost$4,034/mo
Income needed keeps housing at 28% of gross income, the lender rule of thumb.
What locals earn
Far off
The typical household here earns $104,103 a year, 60% of what it takes.
In Connecticut
Middlesex County ranks #7 of 8 for the income a home takes, from least to most.
Easiest to afford in Connecticut
| County | Typical home | Income needed |
|---|---|---|
| Windham County | $377,205 | $138,659 |
| Hartford County | $388,728 | $149,628 |
| Litchfield County | $428,304 | $156,433 |
| Tolland County | $411,642 | $156,596 |
| New Haven County | $409,375 | $156,640 |
Typical home value from the Zillow Home Value Index, August 2026. Rate is the Freddie Mac 30-year average for Oct 8, 2026. Property tax rate is total taxes paid divided by total home value in the county (U.S. Census, ACS 2020-2024). How it works.