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City · 9,490 residents · Southeastern Connecticut Planning Region, Connecticut

Groton , Connecticut

In Groton, a typical home is worth $306,600 and typical rent is $1,250 a month. Compared with all of Southeastern Connecticut Planning Region, typical rent is 8% lower, typical household income is 8% lower, and the share of households that own their home is 20 points lower.

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  • Typical home value

    $306,600

    5% below the planning region

    16% below Connecticut

    • Groton
    • Southeastern Connecticut
    • Connecticut

  • Typical rent

    $1,250a month

    8% below the planning region

    16% below Connecticut

    • Groton
    • Southeastern Connecticut
    • Connecticut

  • Typical household income

    $79,577a year

    8% below the planning region

    17% below Connecticut

    • Groton
    • Southeastern Connecticut
    • Connecticut

  • Households that own their home

    45%

    20 points below the planning region

    21 points below Connecticut

    • Groton
    • Southeastern Connecticut
    • Connecticut

Source: U.S. Census Bureau, Average 2020–2024

Groton is in Southeastern Connecticut Planning Region. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Southeastern Connecticut Planning Region. See the county

Data updated: October 1, 2026 9 official sources

Only here

What sets Groton apart

What this place has that others do not, from public data, most unusual first.

  1. 45% of households in Groton own their home, against 65% in Southeastern Connecticut Planning Region.

  2. Nearby, in Willimantic, the typical home value is $190,900: 38% less than in Groton ($306,600).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Groton

What homes there are in Groton, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

No kind of home is the majority in Groton; the largest group, detached houses, adds up to 38%, less than in Southeastern Connecticut Planning Region (61%).

Year built

By age, homes in Groton look like those in Southeastern Connecticut Planning Region: the typical year built is 1971.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,080 a month

Southeastern Connecticut Planning Region: $2,140 a month

Without a mortgage

$769 a month

Southeastern Connecticut Planning Region: $931 a month

Owners with a mortgage

53%

Southeastern Connecticut Planning Region: 61%

Owning costs about the same in Groton as in Southeastern Connecticut Planning Region: with a mortgage, $2,080 a month; without one, $769.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Since 2015–2019, the typical home value in Groton rose 38%.

The typical rent in Groton rose 23% over the same time.

The typical household income in Groton rose 51%: more than home values (+38%) and rent (+23%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureGrotonSoutheastern Connecticut Planning RegionConnecticutUnited States
Rental vacancy Unreliable estimate4.4%4.3%5.5%
Homeowner vacancy Unreliable estimate0.6%0.8%0.9%
More than one person per room Unreliable estimate1.1%2.1%3.4%
People per household 2.032.322.462.53
Drive alone 75%76%69%69%
Carpool Unreliable estimate7%8%9%
Public transit Unreliable estimate1%3%3%
Walk or bike 12%3%3%3%
Work from home 5%12%16%15%
Other means Unreliable estimate1%1%2%
Typical commute 10 to 19 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

Fewer people live in each home here: 2.03 on average, against 2.32 in Southeastern Connecticut Planning Region.

More people walk or bike to work in Groton: 12%, against 3% in Southeastern Connecticut Planning Region.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Groton?

A typical home costs more than the typical income allows

We start with a typical home in Groton, worth $306,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 40% of the typical household income in Groton, which is $79,577 a year. For that payment to be 28% of income, a household would need to earn about $114,457 a year.

The calculator's FHA and conventional loan limits are those of all of Southeastern Connecticut Planning Region.

Your numbers

Local data
$

Starts at the typical home value in Groton. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $10,731 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,671

at 7.18% · 30 years

Loan amount
$301,047
Total interest
$433,136
Paid off in
November 2056

Includes $5,178 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,857 a month

  • Tight

    $1,857 to $2,387 a month

  • Hard

    more than $2,387 a month

    Your payment · 40%

Compared with the typical household income in Groton ($79,577 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,671
Principal & interest$2,039
Property tax$368
Home insurance$128
FHA mortgage insurance (MIP)$136

You need at least $10,731 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Groton and Southeastern Connecticut Planning Region

Groton is in Southeastern Connecticut Planning Region, Connecticut. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Groton's own numbers

Typical home value
$306,600
Typical monthly rent
$1,250
Typical yearly household income
$79,577
Households that own their home
45%
Effective property tax rate
1.44%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Southeastern Connecticut Planning Region

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,902
Price change over 5 years (FHFA)
+65%
Homes in a high flood-risk zone
3.4%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Southeastern Connecticut Planning Region.

Everything about Southeastern Connecticut Planning Region

Buying

Buying a home in Groton

A typical home in Groton is worth $306,600: 5% below the planning region and 16% below Connecticut. With the typical household income in Groton ($79,577 a year), a typical home costs 3.9 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Groton 3.9 years
  • Southeastern Connecticut 3.7 years
  • Connecticut 3.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Southeastern Connecticut Planning Region

According to FHFA’s house price index, home prices in Southeastern Connecticut Planning Region rose 89% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Southeastern Connecticut Planning Region.

Period Region Connecticut U.S.
Last year (2025) +7.5% +6.1% +2.9%
5 years (2020–2025) +65% +62% +47%
10 years (2015–2025) +89% +75% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Groton next to Southeastern Connecticut Planning Region, Connecticut and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Groton $306,600
  • Southeastern Connecticut $323,400
  • Connecticut $366,900
  • United States $332,700
Typical monthly rent
  • Groton $1,250
  • Southeastern Connecticut $1,365
  • Connecticut $1,488
  • United States $1,413
Typical yearly household income
  • Groton $79,577
  • Southeastern Connecticut $86,586
  • Connecticut $95,781
  • United States $80,734
See the full table
Groton next to Southeastern Connecticut Planning Region and Connecticut
Measure Groton Southeastern Connecticut Planning Region Connecticut U.S.
Typical home value $306,600 $323,400 $366,900 $332,700
Typical monthly rent $1,250 $1,365 $1,488 $1,413
Typical yearly household income $79,577 $86,586 $95,781 $80,734
Households that own their home 45% 65% 66% 65%
Typical yearly property tax $4,411 $5,228 $6,643 $3,119
Effective property tax rate 1.44% 1.62% 1.81% 0.94%
Renters with high rent for their income 47% 51% 53% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Southeastern Connecticut Planning Region. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Groton

For a typical $306,600 home in Groton, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Groton's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,671a month

    Least cash to close
    Down payment
    $10,731
    Cash to close
    $19,929
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $136

  • Conventional, 5% down $2,614a month

    Down payment
    $15,330
    Cash to close
    $24,528
    Rate
    7.18%
    Mortgage insurance
    PMI · $146

  • Conventional, 20% down, no PMI $2,157a month

    Down payment
    $61,320
    Cash to close
    $70,518
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,441a month

    Down payment
    $45,990
    Cash to close
    $55,188
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Groton and for Southeastern Connecticut Planning Region.

Property tax

Effective rate in Groton

1.44%of the home’s value each year

$4,411 a year for the typical owner in Groton.

  • Groton 1.44%
  • Southeastern Connecticut 1.62%
  • Connecticut 1.81%

What Connecticut publishes Deadline to appeal the assessment: February 20 (Connecticut General Assembly (General Statutes of Connecticut, Chapter 203))

Exemptions and deadlines in Connecticut

Flood risk in Southeastern Connecticut Planning Region

FEMA does not publish these numbers by city: they are for all of Southeastern Connecticut Planning Region.

Homes in the high-risk zone
3.4%
2,728
Of those, with NFIP insurance
61%
Region Connecticut U.S.
Homes in the high-risk zone 3.4% 3.1% 3.5%
Of those, with NFIP insurance 61% 51% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Groton

Typical rent in Groton is $1,250 a month: 8% below the planning region. In Groton, 47% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Southeastern Connecticut Planning Region, by unit size. To pay the 2-bedroom one ($1,902 a month) without spending more than 30% of your income, you would need to earn $36.58 an hour working full time.

HUD fair market rent for all of Southeastern Connecticut Planning Region

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,324 $25.46 $52,960
1 bedroom $1,518 $29.19 $60,720
2 bedrooms $1,902 $36.58 $76,080
3 bedrooms $2,418 $46.50 $96,720
4 bedrooms $2,995 $57.60 $119,800

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

Low-income apartments

Low-income apartments in Groton

HUD lists 4 buildings with rents for lower incomes in Groton. These are the largest.

  • Branford Manor Apts 37 Mather Ave, Groton 06340 442 homes, 441 low-income · For families (860) 445-6076
  • Poquonnock Village 1039 Poquonnock Rd, Groton 06340 113 low-income homes · For families (860) 446-0095
  • Avery Heights 300 Brandegee Ave, Groton 06340 105 homes, 104 low-income · For older adults (207) 829-9200
  • Ahepa 250 III - Groton 251 Drozdyk Dr, Groton 06340 40 low-income homes · For older adults (860) 449-0283

See all 62 buildings in Southeastern Connecticut Planning Region Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Groton

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Southeastern Connecticut Planning Region; none says it serves in Spanish.

A grandmother smiles, seated at home.

HUD counseling is free or low-cost

Assistance programs in Groton

No down payment, repair or rent-help program on our list is for Groton or Southeastern Connecticut Planning Region. The ones below are statewide in Connecticut: they work in Groton the same as in the rest of the state.

Which programs do I qualify for? All programs in Connecticut

Housing counselors near Groton

The HUD-approved agencies closest to the center of Groton, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • New London Homeless Hospitality Center

    727 Bank St, New London · 3 miles away

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 3 more
    (860) 501-9900

  • Capital for Change, Inc. (housing Counseling Office)

    10 Alexander Dr, Wallingford · 40 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 3 more
    (203) 624-7406

  • Mutual Housing Association of South Central Ct, Inc. DBA Neighborworks New Horizons

    235 Grand Ave, New Haven · 43 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 4 more
    (203) 562-4514

Every agency in Southeastern Connecticut Planning Region All counseling agencies in Connecticut

Help in Spanish near Groton

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Groton

In HUD’s record, no housing authority with an office in Southeastern Connecticut Planning Region is named for Groton or Southeastern Connecticut Planning Region.

3 other authorities have an office in Southeastern Connecticut Planning Region: see the list Source: HUD

Cities

Other cities in Southeastern Connecticut Planning Region

These cities are also in Southeastern Connecticut Planning Region. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Southeastern Connecticut Planning Region Housing in Connecticut

Nearby cities

The cities closest to Groton, with the typical home value.

Neighboring counties

If Southeastern Connecticut Planning Region is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Groton.

All guides
A father smiles as he carries his baby on his shoulders outdoors.

Questions

Housing questions about Groton

Short answers with the numbers for Groton and all of Southeastern Connecticut Planning Region. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Groton?

The typical home value in Groton is $306,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Southeastern Connecticut Planning Region it is $323,400.

How much does it cost to rent in Groton?

Typical rent in Groton is $1,250 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Southeastern Connecticut Planning Region is $1,902.

What is the FHA loan limit in Groton?

Groton uses the FHA limit for all of Southeastern Connecticut Planning Region (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Groton?

The typical homeowner in Groton pays $4,411 a year, according to the U.S. Census Bureau. That is 1.44% of the home’s value; in Southeastern Connecticut Planning Region, the rate is 1.62%.

Where can I find free help to buy or rent in Groton?

There is 1 HUD-approved counseling agency with an office in Southeastern Connecticut Planning Region. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).