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Planning region in Connecticut

Naugatuck Valley Planning Region, Connecticut

Naugatuck Valley Planning Region, in Connecticut, has 454,969 residents: No. 4 of 9 by population. Naugatuck Valley Planning Region has an FHA limit of $541,287 for one-unit homes. The typical home value here is $317,700. HUD's Fair Market Rent for a 2-bedroom apartment is $1,745 a month; to pay it without spending more than 30% of your income, you need to earn about $33.56 an hour.

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  • Typical home price

    $317,700

    −13% vs. Connecticut −5% vs. U.S.

    Half of owner-occupied homes are worth more and half are worth less.

    • Naugatuck Valley
    • Connecticut
    • United States

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

  • Fair market rent, 2 bedrooms

    $1,745 a month

    −14% vs. Connecticut Same as the U.S.

    HUD's reference rent for a two-bedroom apartment, with basic utilities.

    • Naugatuck Valley
    • Connecticut
    • United States

    Source: HUD, Fiscal year 2027

  • FHA limit 2026, 1 unit

    $541,287

    FHA national floor limit

    The most you can borrow with an FHA loan for a one-unit home here.

    • Naugatuck Valley
    • Floor
    • Ceiling

    Source: HUD, 2026 data

  • Property tax

    1.88% of value per year

    +4% vs. Connecticut +100% vs. U.S.

    $5,983 a year for the typical owner

    • Naugatuck Valley
    • Connecticut
    • United States

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

Data from October 2026

In short

What is housing like in Naugatuck Valley Planning Region today?

The monthly payment on a typical home with FHA would be about $2,884, that is, 40% of the typical household income in Naugatuck Valley Planning Region. For that payment to be 28% of income, a household would need to earn about $123,594 a year; the typical income here is $86,191. Homes here are worth 13% less than the average across Connecticut.

Renting is a stretch: 53% of renters put 30% or more of their income toward housing. There are 5 agencies with HUD-approved housing counselors who speak Spanish near here.

Sources: U.S. Census Bureau (Average 2020–2024); HUD (Retrieved November 6, 2026).

Only here

What sets Naugatuck Valley Planning Region apart

  1. Naugatuck Valley Planning Region has the lowest typical household income of the 9 places in Connecticut: $86,191.

  2. Naugatuck Valley Planning Region has the lowest typical home value in its area: $317,700, less than any of its 6 neighboring places; next is Capitol Planning Region ($323,700).

  3. From 2020 to 2025, home prices in Naugatuck Valley Planning Region rose 65% on FHFA's index, faster than in Connecticut (62%).

Sources: U.S. Census Bureau (Average 2020–2024); FHFA (2025 data).

The homes here

Housing in Naugatuck Valley Planning Region

What homes there are in Naugatuck Valley Planning Region, 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

As in Connecticut, most homes in Naugatuck Valley Planning Region are detached houses (59%).

Year built

The typical year built in Naugatuck Valley Planning Region is 1969, about the same as in Connecticut (1967).

By size, homes in Naugatuck Valley Planning Region look like those in Connecticut: 59% have 3 bedrooms or more.

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

About 85% of owner-occupied homes in Naugatuck Valley Planning Region are worth less than the FHA loan limit for this region ($541,287).

Monthly rent with utilities

HUD's 2-bedroom fair market rent (FMR) for this region is $1,745; about 76% of rents in Naugatuck Valley Planning Region are below it.

With a mortgage

$2,229 a month

Connecticut: $2,429 a month

Without a mortgage

$1,010 a month

Connecticut: $1,071 a month

Owners with a mortgage

65%

Connecticut: 65%

In Naugatuck Valley Planning Region, 65% of owners have a mortgage, and their typical cost is $2,229 a month, against $2,429 in Connecticut. Without one it drops to $1,010.

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

The Census does not compare Naugatuck Valley Planning Region with 2015–2019 because its boundaries changed. In Connecticut, over that time, the typical home value rose 33%.

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

MeasureNaugatuck Valley Planning RegionConnecticutUnited States
Rental vacancy 4.3%4.3%5.5%
Homeowner vacancy 1.0%0.8%0.9%
More than one person per room 2.4%2.1%3.4%
People per household 2.492.462.53
Drive alone 74%69%69%
Carpool 9%8%9%
Public transit 1%3%3%
Walk or bike 1%3%3%
Work from home 13%16%15%
Other means 2%1%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes

In Naugatuck Valley Planning Region, the rental vacancy rate is 4.3%, about the same as in Connecticut.

More than one person per room: that is how 2.4% of households in Naugatuck Valley Planning Region live, near the figure in Connecticut (2.1%).

Much as in Connecticut, a household in Naugatuck Valley Planning Region has 2.49 people on average.

The car rules in Naugatuck Valley Planning Region: 74% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.

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 in Naugatuck Valley Planning Region?

A typical home costs more than the typical income allows

We start with a typical home of $317,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 40% of the typical household income here, which is $86,191 a year. For that payment to be 28% of income, a household would need to earn about $123,594 a year.

Your numbers

Local data
$

Starts at the typical home value in Naugatuck Valley Planning Region. 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 $11,120 (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

$2,884

at 7.18% · 30 years

Loan amount
$311,945
Total interest
$448,816
Paid off in
November 2056

Includes $5,365 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,011 a month

  • Tight

    $2,011 to $2,586 a month

  • Hard

    more than $2,586 a month

    Your payment · 40%

Compared with the typical household income in Naugatuck Valley Planning Region ($86,191 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,884
Principal & interest$2,113
Property tax$498
Home insurance$132
FHA mortgage insurance (MIP)$141

You need at least $11,120 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.

Buying a home

Buying a home in Naugatuck Valley Planning Region

Here you'll see how prices have changed, how Naugatuck Valley Planning Region compares with Connecticut and the country, and what you'd pay each month with four kinds of loans.

How have home prices changed?

According to the FHFA House Price Index, home prices in Naugatuck Valley Planning Region rose 81% in the 10 years through 2025. FHFA's index follows the price of the same homes over the years.

Period Here Connecticut United States
In 2025 +6.4% +6.1% +2.9%
5 years (2020–2025) +65% +62% +47%
10 years (2015–2025) +81% +75% +85%
See each year's change

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

Naugatuck Valley Planning Region compared with Connecticut and the United States

Home value, rent and household income, side by side. "Typical" is the median: half are above it and half below.

Typical home value
  • Naugatuck Valley $317,700
  • Connecticut $366,900
  • United States $332,700
Typical rent a month
  • Naugatuck Valley $1,330
  • Connecticut $1,488
  • United States $1,413
Typical household income a year
  • Naugatuck Valley $86,191
  • Connecticut $95,781
  • United States $80,734
See the full table
Naugatuck Valley compared with Connecticut and the United States
MeasureHereConnecticutU.S.
Residents454,9693,624,508334,922,499
Typical home value$317,700$366,900$332,700
Typical household income$86,191$95,781$80,734
Typical rent$1,330$1,488$1,413
Fair Market Rent (2 bedrooms)$1,745$2,033$1,750
Hourly wage to rent a 2-bedroom$33.56$39.10$33.65
Typical property tax$5,983$6,643$3,119
Effective tax rate1.88%1.81%0.94%
Households that own their home69%66%65%
Renters spending 30% or more on rent53%53%51%
FHA limit (1 unit)*$541,287$541,287$541,287

FHA limit: Connecticut shows the median of its counties; the United States, the national floor. Download CSV

Four ways to pay for a typical home in Naugatuck Valley Planning Region

For a typical $317,700 home at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, the county's property tax, an example homeowners insurance and mortgage insurance when it applies.

Loan Monthly payment Down payment Loan amount Rate Mortgage insurance Cash to close Minimum score
FHA, 3.5% down $2,884 $11,120 $311,946 7.18% FHA MIP · $141 $20,651 580
Conventional, 5% down $2,826 $15,885 $301,815 7.18% PMI · $151 $25,416 620*
Conventional, 20% down, no PMI $2,352 $63,540 $254,160 7.18% None $73,071 620*
ITIN, 15% down (example) $2,646 $47,655 $270,045 8.18% None $57,186 Set by the lender
  • 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.

Everything about buying in Naugatuck Valley Planning Region: income, limits and help How much house can I afford? Closing costs

Loan limits

FHA loans in Naugatuck Valley Planning Region use the national floor limit: it isn't a high-cost area. If the loan you need is above these amounts, it doesn't fit FHA or it becomes a "jumbo" loan.

VA loans. If you have full VA entitlement, VA doesn't cap the loan amount. If you've used part of your entitlement, the calculation uses the county limit ($851,000 for one unit). VA loan limits (va.gov)

USDA loans. They're for homes in eligible rural areas and households with incomes within USDA's limit. Check whether the address and your income qualify on the official site. USDA eligibility (usda.gov)

Home type FHA limit Conforming limit
1 unit $541,287 $851,000
2 units $693,050 $1,089,450
3 units $837,700 $1,316,900
4 units $1,041,125 $1,636,550

Source: HUD, 2026 data · Source: FHFA, 2026 data

Taxes and risks

Property tax and flooding in Naugatuck Valley Planning Region

Two costs that change a lot from place to place and that a house payment does include: property tax and, in risk zones, flood insurance.

Property tax

In Naugatuck Valley Planning Region, the typical owner pays $5,983 a year: about 1.88% of the home's value. That is close to the rest of Connecticut and more than the national average.

  • Naugatuck Valley 1.88%
  • Connecticut 1.81%
  • United States 0.94%

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

Exemptions and deadlines in Connecticut

Is there a flood risk?

According to FEMA, in Naugatuck Valley Planning Region 0.8% of homes (926) are in a high-risk flood zone. Of those homes, 38% have NFIP flood insurance.

  • A high-risk zone (Special Flood Hazard Area) has a 1% or greater chance of flooding each year. (44 CFR 59.1)
  • If the home is in that zone and the loan comes from a regulated lender, federal law requires flood insurance for the life of the loan, in communities that take part in the NFIP. (42 U.S.C. 4012a)
  • Most homeowners insurance does not cover flood damage. (FEMA, FloodSmart)

Source: FEMA, As of August 3, 2026

Look up your address on FEMA’s map

Owning a home here

Owning a home in Naugatuck Valley Planning Region

The natural hazards FEMA measures in Naugatuck Valley Planning Region, a maintenance plan for your climate and what the trades earn in your area.

Risks to your home

FEMA, National Risk Index 1.20.0 (December 2025)

According to FEMA, the natural hazard risk in Naugatuck Valley Planning Region is relatively moderate.

That rating combines the loss FEMA expects with social vulnerability and community resilience.

In Naugatuck Valley Planning Region, FEMA expects natural hazards to cause $140 million in losses a year, counting buildings, people and crops.

For homes and buildings, the costliest hazard here is inland flooding, at about $100 million in losses a year.

Loss FEMA expects each year to homes and buildings, by hazard
  1. Inland floodingRelatively high $100 million a year
  2. HurricaneRelatively high $22.4 million a year
  3. EarthquakeRelatively low $2.7 million a year
  4. TornadoRelatively moderate $2.2 million a year
  5. Winter weatherRelatively high $62,274 a year

What it means for your home

The ratings are FEMA's own. FEMA says its data is meant for planning and does not replace a local study. Drought is not shown: FEMA counts its loss in crops only.

National Risk Index, version 1.20.0 (December 2025), retrieved November 6, 2026

FEMA notice: This product uses the Federal Emergency Management Agency's National Risk Index dataset API or downloadable datasets but is not endorsed by FEMA. The Federal Government or FEMA cannot vouch for the data or analyses derived from these data after the data have been retrieved from the Agency's website(s).

Climate and upkeep

Department of Energy (PNNL), 2021 IECC zones

The home energy code (IECC) puts Naugatuck Valley Planning Region in zone 5A: cold.

The zone's number says how hot or cold it gets; the letter says how humid: A is moist, B is dry and C is marine.

  • Spring

    • Book the air conditioner's check-up before the heat: ENERGY STAR advises checking the cooling system in the spring, because contractors get busy once summer comes. ENERGY STAR (EPA)
    • Clean and repair the roof gutters. EPA

  • Summer

    • Seal the air ducts that run through the attic, crawlspace, basement or garage with duct mastic or foil tape, then wrap them in insulation. ENERGY STAR (EPA)
    • Check that the ground slopes away from the house, so water does not collect around the foundation. EPA

  • Fall

    • Book the heating check-up in the fall. If it runs on gas or oil, the technician should check the connections: faulty ones are a fire hazard. ENERGY STAR (EPA)
    • Seal air leaks and add insulation in the attic: ENERGY STAR says it lowers the chance of ice dams on the roof in snowy climates. ENERGY STAR (EPA)

  • Winter

    • Get the house ready for the cold with insulation, caulking and weather stripping, and learn how to keep pipes from freezing. Ready.gov (FEMA)
    • Put clear plastic film over the windows: it is inexpensive, cuts drafts, helps the house feel warmer in winter and reduces moisture on the glass. ENERGY STAR (EPA)

All year

  • Check the air filter every month, especially in heavy-use months. If it looks dirty, change it; change it at least every 3 months. ENERGY STAR (EPA)
  • Test the smoke alarms every month and replace their batteries at least once a year. USFA (FEMA)

Each task comes from the official page beside it. The spring air-conditioning and fall heating check-ups are the timing ENERGY STAR advises; the rest is a suggested order.

Climate zones by county, 2021 IECC

What the trades charge here

BLS, wages for May 2025

TradeTypical hourly wage8 in 10 earn between
Electricians$36.47$22.92 and $46.28
Plumbers, pipefitters and steamfitters$36.96$22.61 and $49.52
Heating, air conditioning and refrigeration mechanics$34.96$21.56 and $45.38
Carpenters$29.93$22.44 and $39.59
Painters, construction and maintenance$26.77$18.98 and $40.43
Maintenance and repair workers, general$23.56$17.82 and $36.82

According to BLS, an electrician earns about $36.47 an hour in the Waterbury-Shelton, CT area; a plumber, about $36.96.

These are workers' hourly wages, not the price of a job.

BLS publishes no wages for roofers in this area.

Need help paying for a repair?

Renting

Renting in Naugatuck Valley Planning Region

The typical rent in Naugatuck Valley Planning Region is $1,330 a month. HUD also publishes a “fair market rent” by unit size: it's the one programs like Section 8 use.

53% of renter households in Naugatuck Valley Planning Region spend 30% or more of their income on housing. 28% spend half or more.

Fair market rent by size

To pay the fair market rent without spending more than 30% of income, working full time (40 hours a week).

Size Fair rent a month Hourly wage Income needed per year
Studio $1,249 $24.02 $49,960
1 bedroom $1,336 $25.69 $53,440
2 bedrooms $1,745 $33.56 $69,800
3 bedrooms $2,184 $42.00 $87,360
4 bedrooms $2,599 $49.98 $103,960

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

Free help in Naugatuck Valley Planning Region

Programs and counseling in Naugatuck Valley Planning Region

There is 1 HUD-approved housing counseling agency in Naugatuck Valley Planning Region. They can help you get ready to buy, with your credit, with rent, or if you've fallen behind on payments.

Official programs for the down payment and loans for buyers. Check which ones you might qualify for with your income and your county.

A father holds his baby and his young son by a white picket fence.

HUD counseling is free or low-cost

Connecticut down payment programs

  1. Downpayment Assistance Program (DAP) Loan

    Connecticut state agency second mortgage for the down payment and closing costs: 4% of the price, between $3,000 and $15,000, together with a CHFA mortgage

    The source does not say whether you must be a first-time buyer. Run by Connecticut Housing Finance Authority (CHFA).

    Repayable Verified November 5, 2026

  2. Time To Own - Forgivable Down Payment Assistance

    Connecticut state agency loan of up to $25,000, with no interest or monthly payments, for the down payment and closing costs, forgiven 10% each year over ten years; it goes with a CHFA mortgage

    First-time buyers only. Run by Connecticut Housing Finance Authority (CHFA), on behalf of the CT Department of Housing.

    Forgivable Verified November 5, 2026

  3. Next Move with Deferred Down Payment Assistance Program

    Connecticut state agency mortgage for first-time buyers and for people who have owned a home before, with deferred 0% help of up to 3.5% of the loan for the down payment or closing costs

    No first-time requirement. Run by Connecticut Housing Finance Authority (CHFA).

    Deferred Verified November 5, 2026

Which programs do I qualify for? See all Connecticut programs

Help in Spanish in Naugatuck Valley Planning Region

1 of the 1 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.

Public housing agencies

They run public housing and Section 8 vouchers (Housing Choice Vouchers) in this region.

  • Waterbury Housing Authority Public housing and Section 8 vouchers (203) 596-2647
  • Housing Authority of the City of Bristol Public housing and Section 8 vouchers (860) 582-6313

Free legal help

If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.

Find legal aid (lsc.gov)

Housing counseling nearby

These agencies have an office in Naugatuck Valley Planning Region. The full list is on the Connecticut counselors page. Official HUD list. Confirm hours and fees with the agency before you go.

  • Neighborhood Housing Services of Waterbury, Inc. (NEST)

    193 Grand St, Waterbury · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 6 more
    (203) 753-1896
See every agency in Connecticut

Places

Cities in Naugatuck Valley Planning Region

Each city has its own page with prices, rents and help. These are the largest.

See all 9 cities of Naugatuck Valley Planning Region

Nearby places

Each row compares its typical value, typical rent and FHA limit with Naugatuck Valley Planning Region.

Read next

Guides that help here

We picked them by this county's numbers: what weighs most here is what's worth understanding first.

Frequently asked questions

What is the FHA loan limit in Naugatuck Valley Planning Region in 2026?

Naugatuck Valley Planning Region has an FHA limit of $541,287 for a one-unit home. For 2 units it's $693,050, for 3 it's $837,700 and for 4 it's $1,041,125. It's the national floor limit.

What is the conforming loan limit in Naugatuck Valley Planning Region?

Naugatuck Valley Planning Region has a conforming limit of $851,000 for one-unit conventional loans in 2026. A bigger loan is a “jumbo” loan.

How much does a typical home cost in Naugatuck Valley Planning Region?

The typical home value in Naugatuck Valley Planning Region is $317,700 (Average 2020–2024, U.S. Census). Across Connecticut it's $366,900.

How much does it cost to rent in Naugatuck Valley Planning Region?

Naugatuck Valley Planning Region has a typical rent of $1,330 a month (Average 2020–2024, U.S. Census). HUD's fair market rent for a 2-bedroom apartment is $1,745 (Fiscal year 2027).

How much do you need to earn to rent a 2-bedroom apartment in Naugatuck Valley Planning Region?

About $33.56 an hour working full time (2,080 hours a year), or $69,800 a year, so the fair market rent of $1,745 stays under 30% of income.

Sources: American Community Survey (Average 2020–2024); FHA mortgage limits (2026 data); Conforming loan limits (2026 data); Fair Market Rents (Fiscal year 2027); Income Limits (Fiscal year 2026); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (As of November 5, 2026); FHFA House Price Index (2025 data); Homes with flood insurance (As of August 3, 2026); National Risk Index (2025 data); IECC climate zones by county (2021 data); Occupational Employment and Wage Statistics (2025 data); Census Bureau cartographic boundary files (2024 data).