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 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. Old Greenwich CDP depicts it has a Housing Units of 2,309 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 1157.2 which is the smallest when ranked by housing density of all the other places in the surrounding region. The place with the highest housing density in the area is Pemberwick CDP which shows a density of 2276.4 (about twice as large). Comparing housing density to the United States average of 38.9, Old Greenwich CDP is very much bigger. Also, benchmarked against the state of Connecticut, housing density of 313.2, Old Greenwich CDP is approximately 3.7 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 shows it has a Housing Unit Change of -5.0% which is less than most other places in the metro area. The place with the highest change in the housing units in the area is Stamford which shows a housing units of 5.7% (13.5% larger). Comparing change in the housing units to the United States average of 5.7%, Old Greenwich CDP is about the same size. Also, in contrast to the state of Connecticut, change in the housing units of 1.9%, Old Greenwich CDP is approximately 2.6 times bigger.

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 shows it has a Renter Percent of 15.9% which is the smallest as measured 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 84.1% which is more than all other 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 shows it has a Median Home Value of $1,561,200 which is the largest of all places in the surrounding 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 $2,127 which is the second most rental rates of all the places in the greater Old Greenwich CDP region. The place with the highest rental rates in the area is Riverside CDP which indicates a rental rates of $2,168 ( only slightly larger). Comparing rental rates to the United States average of $1,062, Old Greenwich CDP is about twice as large. Also, compared to the state of Connecticut, rental rates of $1,180, Old Greenwich CDP is about twice as large.

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 $200,000 to $300,000 at 1% of the total. Second, it has the smallest proportion of home price worth between $400,000 to $500,000 at 7% of the total. Third, it has one of the largest proportions of home price worth between $750,000 to $1,000,000 at 22% 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 $1,000,000 to $1,500,000 at 22% of the total and is ranked #2. The only larger place being Cos Cob CDP with 32%. In addition, it has one of the largest proportions of home price worth between $1,500,000 to $2,000,000 at 22% 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 $3,754 which is ranked #1 of all 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 cost as a percent of household income of all other places in the greater Old Greenwich 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. Old Greenwich CDP depicts it has a Median Home Value as Percent of Median Earnings of 1076% which is the third most of all 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.) Old Greenwich CDP depicts it has a Median Owner Costs-With Mortgage of $4,001 which is at the top of all other 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 ranked #1 of all places in the greater Old Greenwich CDP 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 3% of the total. Second, it has the smallest proportion of owner cost between $700 and $1,000 at 8% of the total. Third, it has the largest proportion of owner cost between $3,500 and $4,000 at 47% 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 21% which is in the middle range of other places in the metro 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% (52.2% 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 shows it has a % of Income Owner Costs-No Mortgage of 14% which is the third most cost as a percent of household income of all other places in the greater Old Greenwich CDP region. 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% (21.4% 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 one of the largest proportions of rent as a percent of income is less than 10 pct at 25% of the total and is ranked #2. The only larger place being Cos Cob CDP with 29%. Second, it has one of the largest proportions of rent as a percent of income is between 10pct to 20pct at 27% of the total and is ranked #2. The only larger place being Riverside CDP with 27%. Third, it has the smallest proportion of rent as a percent of income is between 30pct to 40pct at 2% of the total. Also, it has less than most other places in the local area when ranked by rent as a percent of income is between 40pct to 50pct at 21% 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 $500 and $700 at 5% of the total. Second, it has the smallest proportion of housing cost between $700 and $1,000 at 10% of the total. Third, it has the smallest proportion of housing cost between $1,000 and $1,500 at 8% of the total. Also, it has one of the largest proportions of housing cost between $2,500 and $3,000 at 53% of the total and is ranked #2. The only larger place being Riverside CDP with 55%.

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 more than all other places in the greater Old Greenwich CDP region. Comparing median real estate taxes paid to the United States average of $2,471, Old Greenwich CDP is approximately 4.0 times bigger. Also, benchmarked against the state of Connecticut, median real estate taxes paid of $5,898, Old Greenwich CDP is 69.6% 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 smallest proportion of pay extra for utilities at 7% of the total.

Figure 23 shows the rental rate distribution for this area. Old Greenwich CDP Connecticut has the largest proportion of rent between 500 and 750 dollars at 10% of the total and is ranked #1. Second, it has the smallest proportion of rent between 1000 and 1500 dollars at 27% of the total. Third, it has the largest proportion of rent between $1,500 and $2,500 at 30% of the total and is ranked #1.

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 third most family members per housing unit of all other places in the greater Old Greenwich CDP region. The place with the highest family members per housing unit in the area is Riverside CDP which shows a family members per housing unit of 3.6 ( only slightly larger). Comparing family members per housing unit to the United States average of 3.3, Old Greenwich CDP is 6.6% larger. Also, benchmarked against the state of Connecticut, family members per housing unit of 3.2, Old Greenwich CDP is 10.4% 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 8.0 which is at the top of all other places in the greater Old Greenwich CDP region. 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 1958 which is in the mid point range of other places in the local area. The place with the highest year built in the area is Stamford which shows 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 between 2010 to 2013 less than most other places in the surrounding region at 6% of the total. Second, it has the largest proportion of homes built between 2000 to 2009 at 8% of the total and is ranked #1. Third, it has the smallest proportion of homes built between 1970 to 1979 at 8% of the total. Also, it has one of the largest proportions of homes built between 1950 to 1959 at 12% of the total and is ranked #2. The only larger place being Riverside CDP with 14%. In addition, it has less than most other places in the area when sorted by homes built between 1940 to 1949 at 24% 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 347 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 3% of the total. Third, it has the smallest proportion of 2 units at 1% of the total. Also, it has the smallest proportion of 3 or 4 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. 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 $1,299,100 of the total and is ranked #1. Also, it has the largest proportion of value of homes built 1990 to 1999 at $1,662,500 of the total and is ranked #1. In addition, it has less than most other places in the local area when ranked by value of homes built 1980 to 1989 at $672,600 of the total. Furthermore, it has the largest proportion of value of homes built 1970 to 1979 at $1,482,100 of the total and is ranked #1. Next it has the largest proportion of value of homes built 1960 to 1969 at $1,258,900 of the total and is ranked #1. Additionally, it has the largest proportion of value of homes built 1950 to 1959 at $1,696,400 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 $1,733,900 of the total and is ranked #3. Only #2 Riverside CDP ($1,953,100), and #1 Greenwich 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 3.1 which is ranked #1 of all places in the greater Old Greenwich CDP region.

Figure 37 shows the household size for renters. Old Greenwich CDP depicts it has a Renter-Household Size of 3.1 which is more than all other places in the greater Old Greenwich CDP region. 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 2010 to 2014 at 30% of the total and is ranked #3. Only #2 Stamford (31%), and #1 Cos Cob CDP (33%) are larger. Figure 39 shows the year that people who rent moved into the area. Old Greenwich CDP has one of the largest proportions of renters moved in 2017 or later at 28% of the total and is ranked #2. The only larger place being Cos Cob CDP with 30%. Second, it has less than most other places in the local area when ranked by renters moved in 2015 to 2016 at 37% of the total. Third, it has the smallest proportion of renters moved in 2010 to 2014 at 5% 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 2004 which is less than most other places in the surrounding region. Figure 41 compares the median year that renters moved into their home. Old Greenwich CDP shows it has a Renter Median Year Moved In of 2015 which is is the uppermost of the 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. has the percentage of home using bottled, tank, or lp gas the second smallest in order of homes using natural gas of all the other places in the metro area at 11% of the total. Second, it has the smallest proportion of home using electricity at 10% of the total. Third, it has the largest proportion of homes using wood at 1% of the total and is ranked #1. Also, it has one of the largest proportions of homes using solar energy at 1% of the total and is ranked #2. The only larger place being Greenwich CDP with 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 metropolitan 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.