Cos Cob CDP Connecticut Area Home Supply Charts

This page looks at a variety of Cos Cob CDP Connecticut housing market data taken from the most recent 2020 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Cos Cob CDP depicts it has a Housing Units of 2,626 which is in the center range of other places in the area.

Figure 2 illustrates the housing density in the Cos Cob CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Cos Cob CDP depicts it has a Housing Density of 1264.8 which is less than most other places in the local area. The place with the highest housing density in the area is Pemberwick CDP which depicts a density of 2276.4 (80.0% larger). Comparing housing density to the United States average of 38.9, Cos Cob CDP is substantially bigger. Also, versus the state of Connecticut, housing density of 313.2, Cos Cob CDP is approximately 4.0 times bigger.

In Figure 4, Cos Cob CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Cos Cob CDP shows it has a Housing Unit Change of -2.7% which is the third most housing units of all other places in the greater Cos Cob CDP region. The place with the highest change in the housing units in the area is Stamford which depicts a housing units of 5.7% (about twice as large). Comparing change in the housing units to the United States average of 5.7%, Cos Cob CDP is about the same size. Also, in contrast to the state of Connecticut, change in the housing units of 1.9%, Cos Cob CDP is 38.2% larger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Cos Cob CDP shows it has a Renter Percent of 31.5% which is less than most other places in the surrounding region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 68.5% which is the third most owner percent of all other places in the greater Cos Cob CDP region.

Cos Cob CDP Connecticut Home Cost Charts

Looking at the housing data provided in Figure 7, the average Cos Cob CDP home price is illustrated for this community and a useful analysis of affordable housing. Cos Cob CDP depicts it has a Median Home Value of $1,055,400 which is in the center range of other places in the metro area. The place with the highest median home price in the area is Old Greenwich CDP which shows a home price of $1,561,200 (47.9% larger). Figure 8 provides aggregate comparative data for the Cos Cob CDP Connecticut metro area in terms of the median housing rental rate, apartment rent, etc. Cos Cob CDP depicts it has a Median Gross Rent of $1,979 which is in the mid range of other places in the local area. The place with the highest rental rates in the area is Riverside CDP which shows a rental rates of $2,168 (9.6% larger). Comparing rental rates to the United States average of $1,062, Cos Cob CDP is about twice as large. Also, measured against the state of Connecticut, rental rates of $1,180, Cos Cob CDP is 67.7% larger.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Cos Cob CDP has the largest proportion of home price worth between $750,000 to $1,000,000 at 32% of the total and is ranked #1. Second, it has the largest proportion of home price worth between $1,000,000 to $1,500,000 at 32% of the total and is ranked #1. Third, it has the largest proportion of home price worth between $1,500,000 to $2,000,000 at 32% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Cos Cob CDP depicts it has a Median Owner Cost of $3,225 which is the third most median ownership cost of all other places in the greater Cos Cob CDP region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Cos Cob CDP metro area. it has a Owner Cost as % of HH Income of 22% which is the second most cost as a percent of household income of all the places in the greater Cos Cob CDP region.

The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Cos Cob CDP depicts it has a Median Home Value as Percent of Median Earnings of 915% which is in the center range of other places in the local area.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Cos Cob CDP depicts it has a Median Owner Costs-With Mortgage of $4,001 which is more than all other places in the local area. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $1,258 which is in the center range of other places in the local area.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Cos Cob CDP has the smallest proportion of owner cost between $3,000 and $3,500 at 3% of the total. Second, it has one of the largest proportions of owner cost between $3,500 and $4,000 at 44% of the total and is ranked #3. Only #2 Riverside CDP (45%), and #1 Old Greenwich CDP (47%) are larger.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Cos Cob CDP depicts it has a % of Income Owner Costs-With Mortgage of 23% which is the second most cost as a percent of household income of all the places in the greater Cos Cob CDP region. The place with the highest cost as a percent of household income in the area is Stamford which shows a cost as a percent of household income of 24% (only about 4.3% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Cos Cob CDP depicts it has a % of Income Owner Costs-No Mortgage of 12% which is the second smallest in terms of cost as a percent of household income of all the other places in the local area. The place with the highest cost as a percent of household income in the area is Riverside CDP which depicts a cost as a percent of household income of 17% (37.1% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Cos Cob CDP has one of the largest proportions of rent as a percent of income is less than 10 pct at 29% of the total and is ranked #2. The only larger place being Glenville CDP with 33%. Second, it has the second smallest when sorted by rent as a percent of income is less than 10 pct of all the other places in the greater region in terms of rent as a percent of income is between 20pct to 30pct at 5% of the total. Third, it has one of the largest proportions of rent as a percent of income is between 40pct to 50pct at 26% of the total and is ranked #2. The only larger place being Stamford with 28%.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $7,984 which is less than most other places in the local area. The place with the highest median real estate taxes paid in the area is Riverside CDP which shows a taxes paid of $10,001 (25.3% larger). Comparing median real estate taxes paid to the United States average of $2,471, Cos Cob CDP is approximately 3.2 times bigger. Also, in comparison with the state of Connecticut, median real estate taxes paid of $5,898, Cos Cob CDP is 35.4% larger.

Figure 23 shows the rental rate distribution for this area. Cos Cob CDP Connecticut has the percentage of rent between $1,500 and $2,500 the second smallest when ranked by rent less than 300 dollars of all the other places in the greater region at 14% of the total. Second, it has one of the largest proportions of rent between $2,500 and $3,500 at 17% of the total and is ranked #2. The only larger place being Glenville CDP with 20%.

Cos Cob CDP Connecticut Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Cos Cob CDP has the largest proportion of with heloc at 2% of the total and is ranked #1. Second, it has the largest proportion of both 2nd mortgage and heloc at 58% of the total and is ranked #1. Third, it has the smallest proportion of no 2nd mortgage and no heloc at 29% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Cos Cob CDP has the smallest proportion of houses with mortgages at 29% of the total.

Cos Cob CDP Connecticut Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.3 which is less than most other places in the metro area. The place with the highest family members per housing unit in the area is Riverside CDP which depicts a family members per housing unit of 3.6 (9.4% larger). Comparing family members per housing unit to the United States average of 3.3, Cos Cob CDP is about the same size. Also, benchmarked against the state of Connecticut, family members per housing unit of 3.2, Cos Cob CDP is only about 2.6% larger.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 6.9 which is the third most average number of rooms in a house of all other places in the greater Cos Cob CDP region. The place with the highest average number of rooms in a house in the area is Old Greenwich CDP which depicts an average number of rooms in a house of 8.0 (15.9% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1962 which is the third most of all other places in the greater region. The place with the highest year built in the area is Stamford which depicts a year built of 1970 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the percentage of homes built in 2014 or later the second smallest when ranked by homes built in 2014 or later of all the other places in the metro area at 0% of the total. Second, it has the largest proportion of homes built between 2010 to 2013 at 8% of the total and is ranked #1. Third, it has the smallest proportion of homes built between 1960 to 1969 at 12% of the total. Also, it has one of the largest proportions of homes built between 1940 to 1949 at 30% of the total and is ranked #2. The only larger place being Greenwich CDP with 35%.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. it has one of the largest proportions of owner housing units at 794 of the total and is ranked #3. Only #2 Greenwich CDP (2,956), and #1 Stamford (23,790) are larger.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. has the smallest proportion of 10 to 19 units at 0% of the total. Second, it has the smallest proportion of 20 to 49 units at 1% of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. has the percentage of value of homes built 2010 to 2013 less than most other places in the local area at $1,601,600 of the total. Second, it has one of the largest proportions of value of homes built 2000 to 2009 at $1,125,000 of the total and is ranked #2. The only larger place being Old Greenwich CDP with $1,299,100. Third, it has in the middle range of other places in the surrounding region in order of value of homes built 1990 to 1999 at $977,300 of the total. Also, it has the largest proportion of value of homes built 1980 to 1989 at $1,293,500 of the total and is ranked #1. In addition, it has one of the largest proportions of value of homes built 1970 to 1979 at $1,084,600 of the total and is ranked #3. Only #2 Riverside CDP ($1,225,800), and #1 Old Greenwich CDP ($1,482,100) are larger. Furthermore, it has one of the largest proportions of value of homes built 1960 to 1969 at $908,300 of the total and is ranked #3. Only #2 Riverside CDP ($1,146,200), and #1 Old Greenwich CDP ($1,258,900) are larger. Next it has one of the largest proportions of value of homes built 1950 to 1959 at $1,171,900 of the total and is ranked #3. Only #2 Riverside CDP ($1,246,500), and #1 Old Greenwich CDP ($1,696,400) are larger. Additionally, it has in the center range of other places in the greater region when sorted by value of homes built 1940 to 1949 at $1,003,900 of the total.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. has the smallest proportion of occupied housing units at 4% of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Cos Cob CDP residents. it has a Owner-Household Size of 2.8 which is the third most of all other places in the greater region. The place with the highest homeowner household size in the area is Old Greenwich CDP which shows a homeowner household size of 3.1 (11.4% larger).

Figure 37 shows the household size for renters. Cos Cob CDP depicts it has a Renter-Household Size of 2.6 which is less than most other places in the metro area. The place with the highest renter household size in the area is Old Greenwich CDP which depicts a renter household sizes of 3.1 (17.4% larger). Figure 38 shows the year that people who own homes moved into this region. it has one of the largest proportions of owners moved in 2017 or later at 12% of the total and is ranked #2. The only larger place being Riverside CDP with 13%. Second, it has less than most other places in the local area when ranked by owners moved in 2015 to 2016 at 22% of the total. Third, it has the largest proportion of owners moved in 2010 to 2014 at 33% of the total and is ranked #1. Also, it has the smallest proportion of owners moved in 2000 to 2009 at 12% of the total. Figure 39 shows the year that people who rent moved into the area. Cos Cob CDP has the largest proportion of renters moved in 2017 or later at 30% of the total and is ranked #1. Second, it has one of the largest proportions of renters moved in 2015 to 2016 at 45% of the total and is ranked #2. The only larger place being Riverside CDP with 50%. Third, it has the second smallest in order of renters moved in 2017 or later of all the other places in the area when sorted by renters moved in 2010 to 2014 at 7% of the total.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2005 which is the third most median year that a home owner moved in of all other places in the greater Cos Cob CDP region. Figure 41 compares the median year that renters moved into their home. Cos Cob CDP depicts it has a Renter Median Year Moved In of 2014 which is the second most median year that a renter moved in of all the places in the greater Cos Cob CDP region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the smallest proportion of homes using natural gas at 1% of the total. Second, it has less than most other places in the local area in order of home using bottled, tank, or lp gas at 12% of the total. Third, it has the largest proportion of homes using coal or coke at 2% of the total and is ranked #1.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Cos Cob CDP housing department, Connecticut department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Cos Cob CDP depicts it has a Total In Group Quarters of 45 which is the third most of all other places in the metro area.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Cos Cob CDP residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Cos Cob CDP has the percentage of number of people under 18 years of age and in group quarters the second smallest as measured by number of people under 18 years of age and in group quarters of all the other places in the metro area at 69% of the total.