Quick facts: Bolton, CT

Quick Facts

114.2
Cost of Living
above US average
4,890
Population
Crime rate Data is updating, will be available soon
Media income Data is updating, will be available soon
$440,000
Median House Price
above US average
$1975.0
Average Rent
above US average
Poverty rate Data is updating, will be available soon
1.9%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $0.

🏠

Income Needed to Buy

βœ— Stretch
$138k/year
Based on $440,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $138k vs median $0
🏒

Income Needed to Rent

⚠ Stretch
$85k/year
Based on $1975.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $85k vs median $0
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bolton, CT

Bolton is a charming town located in Hartford County, Connecticut. It is known for its picturesque landscapes and a strong sense of community. Nestled between the larger cities of Manchester and Vernon, Bolton offers a peaceful suburban atmosphere while still being conveniently close to urban amenities. The town features a mix of rural and residential areas, with beautiful parks, farms, and recreational facilities, making it ideal for outdoor enthusiasts. The Bolton Lake is a popular spot for fishing, boating, and picnicking, providing residents and visitors with a tranquil escape. Historically, Bolton has retained much of its small-town charm, with many historic buildings and family-owned businesses dotting the main roads. The local school system is highly regarded, offering quality education to its students. Bolton also hosts several annual community events that foster camaraderie and a sense of belonging among residents. With its scenic views, welcoming neighborhoods, and strong community spirit, Bolton, CT is a wonderful place to live and visit.

πŸ” Search & Compare Places

First Location πŸ“