Old Greenwich CDP Connecticut Area Home Supply Charts

This page looks at a variety of Old Greenwich CDP Connecticut housing market data taken from the most recent 2021 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. Old Greenwich CDP indicates it has a Housing Units of 2,495 which is less than most other places in the metro area.

Figure 2 illustrates the housing density in the Old Greenwich CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Old Greenwich CDP shows it has a Housing Density of 1250.4 which is the smallest as measured by housing density of all the other places in the metropolitan area. The place with the highest housing density in the area is Byram CDP which shows a density of 2305.0 (about twice as large). Comparing housing density to the United States average of 39.2, Old Greenwich CDP is considerably bigger. Also, benchmarked against the state of Connecticut, housing density of 314.1, Old Greenwich CDP is approximately 4.0 times bigger.

In Figure 4, Old Greenwich CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Old Greenwich CDP depicts it has a Housing Unit Change of 2.7% which is the third most housing units of all other places in the greater Old Greenwich CDP region. The place with the highest change in the housing units in the area is Stamford which shows a housing units of 8.8% (approximately 3.3 times bigger). Comparing change in the housing units to the United States average of 6.5%, Old Greenwich CDP is approximately half the size. Also, in comparison with the state of Connecticut, change in the housing units of 2.2%, Old Greenwich CDP is 19.5% 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.) Old Greenwich CDP depicts it has a Renter Percent of 14.9% which is the smallest when sorted by renter percent of all the other places in the local area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 85.1% which is the highest of all places in the greater Old Greenwich CDP region.

Old Greenwich CDP Connecticut Home Cost Charts

Looking at the housing data provided in Figure 7, the average Old Greenwich CDP home price is illustrated for this community and a useful analysis of affordable housing. Old Greenwich CDP depicts it has a Median Home Value of $1,615,300 which is the most of all places in the greater Old Greenwich CDP region. Figure 8 provides aggregate comparative data for the Old Greenwich CDP Connecticut metro area in terms of the median housing rental rate, apartment rent, etc. Old Greenwich CDP depicts it has a Median Gross Rent of $2,089 which is the third most rental rates of all other places in the greater Old Greenwich CDP region. The place with the highest rental rates in the area is Riverside CDP which shows a rental rates of $2,383 (14.1% larger). Comparing rental rates to the United States average of $1,096, Old Greenwich CDP is about twice as large. Also, compared to the state of Connecticut, rental rates of $1,201, Old Greenwich CDP is 73.9% larger.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Old Greenwich CDP has the smallest proportion of home price worth between $400,000 to $500,000 at 6% of the total. Second, it has one of the largest proportions of home price worth between $750,000 to $1,000,000 at 24% of the total and is ranked #2. The only larger place being Cos Cob CDP with 32%. Third, it has one of the largest proportions of home price worth between $1,000,000 to $1,500,000 at 24% of the total and is ranked #2. The only larger place being Cos Cob CDP with 32%. Also, it has one of the largest proportions of home price worth between $1,500,000 to $2,000,000 at 24% of the total and is ranked #2. The only larger place being Cos Cob CDP with 32%.

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. Old Greenwich CDP depicts it has a Median Owner Cost of $4,001 which is at the top of all other places in the greater Old Greenwich CDP region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Old Greenwich CDP metro area. it has a Owner Cost as % of HH Income of 19% which is the third most of all other places in the greater 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. Old Greenwich CDP depicts it has a Median Home Value as Percent of Median Earnings of 986% which is in the mid range of other places in the greater region.

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.) Old Greenwich CDP depicts it has a Median Owner Costs-With Mortgage of $4,001 which is the largest of all places in the greater Old Greenwich CDP region. 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 $1,501 which is the most of all places in the greater region.

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. Old Greenwich CDP has the smallest proportion of owner cost between $500 and $700 at 2% of the total. Second, it has the smallest proportion of owner cost between $700 and $1,000 at 7% of the total. Third, it has the smallest proportion of owner cost between $1,000 and $1,500 at 5% of the total. Also, it has the largest proportion of owner cost between $2,000 and $2,500 at 16% of the total and is ranked #1. In addition, it has the smallest proportion of owner cost between $3,000 and $3,500 at 2% of the total. Furthermore, it has the largest proportion of owner cost between $3,500 and $4,000 at 52% of the total and is ranked #1.

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.) Old Greenwich CDP depicts it has a % of Income Owner Costs-With Mortgage of 20% which is in the middle range of other places in the metropolitan area. The place with the highest cost as a percent of household income in the area is Byram CDP which depicts a cost as a percent of household income of 32% (55.4% 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. Old Greenwich CDP depicts it has a % of Income Owner Costs-No Mortgage of 16% which is the second most of all the places in the metropolitan area. The place with the highest cost as a percent of household income in the area is Riverside CDP which shows a cost as a percent of household income of 17% (8.9% 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.) Old Greenwich CDP has the largest proportion of rent as a percent of income is less than 10 pct at 37% of the total and is ranked #1. Second, it has the smallest proportion of rent as a percent of income is between 30pct to 40pct at 2% of the total. Third, it has the smallest proportion of rent as a percent of income is between 40pct to 50pct at 15% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Old Greenwich CDP has the smallest proportion of housing cost between $300 and $500 at 1% of the total. Second, it has the smallest proportion of housing cost between $700 and $1,000 at 9% of the total. Third, it has the smallest proportion of housing cost between $1,000 and $1,500 at 6% of the total. Also, it has the smallest proportion of housing cost between $1,500 and $2,000 at 7% of the total. In addition, it has the largest proportion of housing cost between $2,000 and $2,500 at 15% of the total and is ranked #1. Furthermore, it has one of the largest proportions of housing cost between $2,500 and $3,000 at 56% of the total and is ranked #2. The only larger place being Riverside CDP with 61%.

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 $10,001 which is the largest of all places in the metro area. Comparing median real estate taxes paid to the United States average of $2,551, Old Greenwich CDP is approximately 3.9 times bigger. Also, benchmarked against the state of Connecticut, median real estate taxes paid of $5,966, Old Greenwich CDP is 67.6% larger.

Figure 22 shows the percentage of renters who pay for utilities in Old Greenwich CDP Connecticut. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Old Greenwich CDP has the percentage of pay extra for utilities the second smallest when sorted by pay extra for utilities of all the other places in the greater region at 6% of the total.

Figure 23 shows the rental rate distribution for this area. Old Greenwich CDP Connecticut has the largest proportion of rent between 300 and 500 dollars at 7% of the total and is ranked #1. Second, it has one of the largest proportions of rent between 750 and 1000 dollars at 21% of the total and is ranked #2. The only larger place being Pemberwick CDP with 23%. Third, it has the smallest proportion of rent between 1000 and 1500 dollars at 17% of the total. Also, it has the largest proportion of rent between $1,500 and $2,500 at 23% of the total and is ranked #1. In addition, it has one of the largest proportions of rent between $2,500 and $3,500 at 19% of the total and is ranked #3. Only #2 Byram CDP (20%), and #1 Riverside CDP (29%) are larger.

Old Greenwich CDP Connecticut Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.5 which is the second most of all the 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 (only about 3.3% larger). Comparing family members per housing unit to the United States average of 3.3, Old Greenwich CDP is only about 5.7% larger. Also, in contrast to the state of Connecticut, family members per housing unit of 3.2, Old Greenwich CDP is 10.2% 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 7.9 which is the second most average number of rooms in a house of all the places in the greater Old Greenwich CDP region. The place with the highest average number of rooms in a house in the area is Riverside CDP which depicts an average number of rooms in a house of 8.2 (only about 3.8% 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 1965 which is the second most year built of all the places in the greater Old Greenwich CDP region. The place with the highest year built in the area is Stamford which depicts a year built of 1968 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has the largest proportion of homes built between 2000 to 2009 at 13% of the total and is ranked #1. Second, it has the smallest proportion of homes built between 1960 to 1969 at 13% of the total. Third, it has in the mid point range of other places in the surrounding region in terms of homes built between 1940 to 1949 at 23% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the smallest proportion of owner housing units at 343 of the total.

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 one unit detached at 2% of the total. Second, it has the smallest proportion of one unit attached at 2% of the total. Third, it has the second smallest when sorted by one unit detached of all the other places in the local area when ranked by 2 units at 1% of the total. Also, it has the smallest proportion of 3 or 4 units at 0% of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has the largest proportion of value of homes built 2014 or later at $2,000,001 of the total and is ranked #1. Second, it has the largest proportion of value of homes built 2010 to 2013 at $2,000,001 of the total and is ranked #1. Third, it has the largest proportion of value of homes built 2000 to 2009 at $1,136,600 of the total and is ranked #1. Also, it has the largest proportion of value of homes built 1990 to 1999 at $1,212,500 of the total and is ranked #1. In addition, it has less than most other places in the greater region in terms of value of homes built 1980 to 1989 at $602,300 of the total. Furthermore, it has the largest proportion of value of homes built 1970 to 1979 at $2,000,001 of the total and is ranked #1. Next it has the largest proportion of value of homes built 1960 to 1969 at $1,250,000 of the total and is ranked #1. Additionally, it has the largest proportion of value of homes built 1950 to 1959 at $1,221,400 of the total and is ranked #1. And then, it has one of the largest proportions of value of homes built 1940 to 1949 at $1,634,300 of the total and is ranked #3. Only #2 Greenwich CDP ($2,000,001), and #1 Riverside CDP ($2,000,001) are larger.

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 Old Greenwich CDP residents. it has a Owner-Household Size of 3.0 which is the second most of all the places in the metro area. The place with the highest homeowner household size in the area is Riverside CDP which depicts a homeowner household size of 3.1 (only about 4.3% larger).

Figure 37 shows the household size for renters. Old Greenwich CDP depicts it has a Renter-Household Size of 3.1 which is the highest of all places in the greater Old Greenwich CDP region. Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2015 to 2018 at 29% of the total and is ranked #1. Second, it has the second smallest in terms of owners moved in 2019 or later of all the other places in the greater region as measured by owners moved in 2000 to 2009 at 11% of the total. Figure 39 shows the year that people who rent moved into the area. Old Greenwich CDP has the largest proportion of renters moved in 2019 or later at 69% of the total and is ranked #1. Second, it has the smallest proportion of renters moved in 2015 to 2018 at 23% of the total. Third, it has the smallest proportion of renters moved in 2010 to 2014 at 1% 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 2007 which is the third most of all other places in the metro area. Figure 41 compares the median year that renters moved into their home. Old Greenwich CDP depicts it has a Renter Median Year Moved In of 2016 which is the highest of all places in the greater Old Greenwich CDP region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has the largest proportion of homes using wood at 0% 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 Old Greenwich CDP housing department, Connecticut department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Old Greenwich CDP shows it has a Total In Group Quarters of 13 which is in the center range of other places in the local area.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Old Greenwich 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.) Old Greenwich CDP has the largest proportion of number of people under 18 years of age and in group quarters at 100% of the total and is ranked #1.