Mortgage Payment Calculator for New Haven, CT
Updated 2026 · Local data pre-filled
The median home price in New Haven, CT is $295,000, with an effective property tax rate of 2.10% — higher than the national average of 1.10%. We've pre-filled the calculator with local figures so your estimate reflects what buyers actually pay in New Haven.
✓ Calculator below is pre-filled with New Haven local data
How New Haven Compares to the National Average
Understanding how New Haven stacks up helps you calibrate your financial planning.
| Metric | New Haven, CT | US Average | Difference |
|---|---|---|---|
| Median Home Price | $295,000 | $420,800 | -29.9% |
| Median Monthly Rent | $1,550 | $1,713 | -9.5% |
| Median Household Income | $68,200 | $74,580 | -8.6% |
| Property Tax Rate | 2.10% | 1.10% | +90.9% |
| Cost of Living Index | 116 | 100 | +16.0% |
Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024–2025). Green = favorable for residents; red = less favorable.
New Haven Financial Snapshot
- Population (Metro)
- 870,000
- Unemployment
- 4.3%
- Avg Commute
- 25 min
- Median Age
- 33
- Price-to-Rent Ratio
- 15.9x
- Annual Property Tax
- $6,195
Mortgage Payment Calculator in Other Connecticut Cities
Frequently Asked Questions — New Haven
What is the median home price in New Haven, CT?
The median home price in New Haven is $295,000 as of 2025–2026. This is below the national median of $420,800.
What is the average rent in New Haven?
Median monthly rent in New Haven is $1,550. That works out to $18,600/year, or 27% of the median household income — within the commonly recommended 30% of income guideline.
Is New Haven affordable?
New Haven's cost of living index is 116 vs. the national average of 100. With a median household income of $68,200/year and a median home price of $295,000, the price-to-income ratio is 4.3x. New Haven falls in the middle of the affordability spectrum for US cities.
What is the property tax rate in New Haven?
The effective property tax rate in New Haven is 2.10% of assessed value. On the median home of $295,000, that's roughly $6,195/year ($516/month).