Wallingford Center, CT

Average · 92

Connecticut · Population 18,107 · Updated March 2026

$1,243
Median Rent / Month
$84,554
Median Income
$292,100
Median Home Value
$1,418
Owner Costs / Month

Affordability

How far your income goes in Wallingford Center

17.6%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Connecticut

State-level tax rates that affect your costs

6.99%
Income Tax (Top Rate)
6.35%
Sales Tax
2.15%
Property Tax Rate

Estimated Annual Costs

$14,916
Annual Rent
$5,910
State Income Tax
$6,280
Property Tax (est.)

Cost of Living Overview

Wallingford Center offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 92 (where 100 equals the national median), Wallingford Center residents can expect to pay median rent of $1,243/month while earning a median household income of $84,554/year.

The median home value in Wallingford Center, CT is $292,100, with typical monthly owner costs around $1,418 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.6% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Connecticut has a moderate income tax rate of 6.99%. Combined with a 6.35% sales tax rate and 2.15% effective property tax rate, the overall tax environment is a factor in the total cost of living in Wallingford Center.

Frequently Asked Questions

Common questions about living costs in Wallingford Center

What is the cost of living in Wallingford Center, CT?
The cost of living index in Wallingford Center, CT is 92 (US average = 100). Median monthly rent is $1,243, median household income is $84,554/year, and the median home value is $292,100.
Is Wallingford Center, CT affordable?
Yes, Wallingford Center is more affordable than the national average with a cost index of 92. The rent-to-income ratio is 17.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Wallingford Center, CT?
The median gross rent in Wallingford Center, CT is $1,243 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,916.
What is the median household income in Wallingford Center?
The median household income in Wallingford Center, CT is $84,554 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Connecticut?
Connecticut has a top income tax rate of 6.99%, a sales tax of 6.35%, and an effective property tax rate of 2.15%.