Interested in purchasing investment houses in the 06340 zip code in Groton, CT?
The zip code 06340 is in New London county with a latitude of -72.045260000000 and longitude of 41.357080000000, is in the state of Connecticut. The average asking price of houses and condos is $430,031.00 and the average sale price was $239,912.00. this regions is classified as the Hartford - New Haven metro area and consists of the following area codes: 860 and 959. The location in degrees is 41° 21' 25.488" N, 72° 2' 42.936" W. The county F.I.P.S. is 09011. This zip code contains six cities including Conning Towers-Nautilus Park, CT (19.97%), Groton, CT (15.61%), Noank, CT (7.14%), Long Hill, CT (5.61%), Poquonock Bridge, CT (5.01%), and Groton Long Point, CT (1.58%) The total land area is 22.8 square miles and the water area is 5.4 square miles. The elevation in this area is 30 - 220 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 06340 is in county number 011 and is L. Sector 04, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 30,734 in 2019 and 31,242 in 2010. Of this, the break down in 2019 was 29,498 urban and 1,235 rural. This further breaks down to 16,780 males (54.6%) and 13,953 females (45.4%). The median age of residents is 31.0 years. The population of the greater Norwich-New London, CT area is 265,769. The population density (people per square mile) is 1,347. This zip code has a combined total of 14,259 houses and condos. There are 7,681 rented appartments. 61% of residents rent versus the 61% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $53,104 and the average salary is $46,063. The median household income of individuals is $52,080.00 and the average is $62,650.00. This zip code has a mean commute time to work of 18.2 minutes. The unemployment rate is 5.8%. Income earners by percent breakdown as 47.60% (Under $50,000), 35.40% ($50,000-$100,000), and 17.10% earn over $100,000. 9.6% of residents live below poverty line versus the 10.0% in the state that are below this line. The cost of living index is 107.7. The educational breakdown is 93.3% have a high school education or higher, 30.6% have a bachelor's degree or higher, and 12.9% have some kind of profesional degree.
This area has 12,136 households and the average size is 2.2 people. Individuals who are single and have never been married are 42.6%, 40.2% are now married, 0.7% are separated, 5.3% are widowed, and 11.2% are divorced. The average yearly contribution amount given by people to charity was $2,472 versus the state average of $4,947. The percent of residents who gave to charity was 21.4%.
The estimated median value of houses and condos is $232,760. The median monthly owner costs of mortgage holders was $1,758, where as the costs for those who don't have a mortgage are $779. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 1.8% which equated to an average real estate tax amount payment of $4,109. In comparision, the average real estate tax percent rate in the state is 2.1% which equated to an average real estate tax amount payment in the state of $6,004. The median housing property tax percent for residents with mortgages was 1.9% which amounted to an average tax amount of $4,160. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.6% which amounted to an average tax amount of $4,026. Reported taxable interest for persons was $1,086, dividends $5,469, capital gains +$5,341, and itemized deductions $21,832. The average earned income tax credit is $2,092. The percent of individuals that use a tax preparer is 46.4%. The total average income taxes paid by individuals was $10,480. Businesses reported an average profit of $14,622.
Octagon
625 North Rd, Groton, CT 06340
Abbott's Lobster in the Rough
117 Pearl St, Groton, CT 06340
Costello's Clam Shack
145 Pearl St, Groton, CT 06340
Victoria Family Restaurant
924 Route 12, Groton, CT 06340
Thai Sawasdee
764 Long Hill Rd, Groton, CT 06340
Koto Japanese Steak House
527 Long Hill Rd, Groton, CT 06340
Kaenyama
754 Long Hill Rd, Groton, CT 06340
Ju-Sushi
994 Poquonnock Rd, Groton, CT 06340
Kawa Restaurant
507 Gold Star Hwy, Groton, CT 06340
Chester's Barbecue
943 Poquonnock Rd, Groton, CT 06340
Groton Town House
355 Route 12, Groton, CT 06340
Flanagan's
360 Route 12, Groton, CT 06340
Sneekers Cafe
568 Poquonnock Rd, Groton, CT 06340
Olio Restaurant & Bar
33 Kings Hwy, Groton, CT 06340
Norm's Diner
171 Bridge St, Groton, CT 06340
The Shack
441 Long Hill Rd, Groton, CT 06340
Spot Cafe & Restaurant
11 Buddington Rd, Groton, CT 06340
Ninety-Nine Restaurant and Pub
117 Long Hill Rd, Groton, CT 06340
Par Four Restaurant
93 Plant St, Groton, CT 06340
Seahorse Restaurant
65 Marsh Rd, Groton, CT 06340
Outback Steakhouse
305 N Frontage Rd, New London, CT 06320 (2.5 miles away)
Captain Daniel Packer Inne
32 Water St, Mystic, CT 06355 (4.2 miles away)
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
