Quick facts: Suffield, CT

Quick Facts

114.2
Cost of Living
above US average
15,743
Population
1.84
Crime Rate per 1000
below US average
$86,000
Median Income
above US average
$475,000
Median House Price
above US average
$3880.0
Average Rent
above US average
5%
Poverty Rate
below US average
2.1%
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 $86,000.

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Income Needed to Buy

βœ— Stretch
$149k/year
Based on $475,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $149k vs median $86,000
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Income Needed to Rent

⚠ Stretch
$166k/year
Based on $3880.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $166k vs median $86,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Suffield, CT

Suffield is a picturesque town located in Hartford County, Connecticut, with a rich history and charming New England character. Founded in 1670, Suffield is known for its well-preserved historic buildings and scenic landscapes, including the Connecticut River and expansive agricultural lands. The town blends rural charm with suburban convenience, offering a peaceful lifestyle, while still being in proximity to the amenities of larger cities like Hartford. Suffield is home to numerous parks and recreational areas, providing residents with opportunities for outdoor activities such as hiking, fishing, and picnicking. The town hosts several community events throughout the year, fostering a strong sense of community and engagement among residents. Education is a key focus in Suffield, with well-regarded public schools and access to private institutions. The town's relatively low crime rate and family-friendly atmosphere make it an attractive place for families and retirees alike. Overall, Suffield, CT, offers a blend of historical charm, community spirit, and natural beauty, making it a delightful place to live or visit.

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