Waterbury, CT
Waterbury · Naugatuck Valley Planning Region · CT 06702
Updated August 5, 2026 · Would You Live There?
Think twice
Verdict
$286K
Median Price
70/100
Walk Score
8/10
Schools
35 min
to New Haven, CT
Score Breakdown
Our Take
Waterbury has a very low median income and a high unemployment rate, so the job market is weak. It offers cheap housing and some public transit, but the overall amenities and safety are not great. If you’re looking for an inexpensive, small‑town feel and don’t mind limited services, it could work, but consider better options.
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The Good
- ✓Affordable home prices (median $264k)
- ✓Low flood risk (X zone)
- ✓Reasonable commuting time to New Haven (35 min)
- ✓Good public school ratings for the area
Real Talk
- !Median household income only $14,852—very low compared to national averages
- !High unemployment (~24%) indicates a struggling local economy
- !Limited nightlife and dining options
- !Crime rates tend to be higher than in comparable suburbs
- $Higher property taxes and insurance for older homes
- $Utility costs can be high in older infrastructure
- $Transportation costs for those who need to commute to larger cities
Best For
Risk Snapshot
Crime & Safety
Waterbury, CT
Safety grade
5% higher than the national average
97% higher than the national average
Verify with real-time data
City-Data stats →From Residents
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