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Population & People
Population
3,497
Median age
58.4
Median household income
$81,250
Poverty rate
3.6%
Unemployment rate
3.4%
Bachelor's degree+
48.2%
Avg. commute
19 min
Hispanic or Latino
1.0%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$396,000
Median gross rent
$1,478/mo
Homeownership rate
72.49%
HUD FMR — 2 bedroom
$1,901
HUD Fair Market Rent (Connecticut statewide average across 169 areas — not specific to Niantic), 2026. Efficiency $1314, 1BR $1538, 2BR $1901, 3BR $2348, 4BR $2741. This is a different official figure from Census median gross rent above.
Energy
Connecticut commercial electricity
23.11¢/kWh
Connecticut industrial electricity
18.35¢/kWh
Connecticut residential electricity
29.38¢/kWh
Economy
Gross Domestic Product: All Industry Total
376455
Real Gross Domestic Product: All Industry Total
293002.8
All-Transactions House Price Index for Connecticut
736.5
Unemployment Rate
5.2%
Source: FRED, Connecticut-specific series.