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City · 5,577 residents · Southeastern Connecticut Planning Region, Connecticut

Pawcatuck , Connecticut

In Pawcatuck, a typical home is worth $360,600 and typical rent is $1,155 a month. Compared with all of Southeastern Connecticut Planning Region, typical rent is 15% lower, the typical home value is 12% higher, and the share of households that own their home is 7 points lower.

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  • Typical home value

    $360,600

    12% above the planning region

    About the same as Connecticut

    • Pawcatuck
    • Southeastern Connecticut
    • Connecticut

  • Typical rent

    $1,155a month

    15% below the planning region

    22% below Connecticut

    • Pawcatuck
    • Southeastern Connecticut
    • Connecticut

  • Typical household income

    $80,114a year

    7% below the planning region

    16% below Connecticut

    • Pawcatuck
    • Southeastern Connecticut
    • Connecticut

  • Households that own their home

    58%

    7 points below the planning region

    8 points below Connecticut

    • Pawcatuck
    • Southeastern Connecticut
    • Connecticut

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

Pawcatuck 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 Pawcatuck apart

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

  1. Nearby, in Willimantic, the typical home value is $190,900: 47% less than in Pawcatuck ($360,600).

  2. The typical rent in Pawcatuck is $1,155 a month, 15% less than in Southeastern Connecticut Planning Region as a whole ($1,365).

  3. Pawcatuck has the 5th smallest share of rent-burdened renters of the 60 cities in Connecticut with more than 5,000 people (39%).

  4. 58% of households in Pawcatuck own their home, against 65% in Southeastern Connecticut Planning Region.

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

The homes here

Housing in Pawcatuck

What homes there are in Pawcatuck, 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

In Pawcatuck, 6 in 10 homes are single-family detached houses; in Southeastern Connecticut Planning Region, 6.

Year built

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

HUD's 2-bedroom fair market rent (FMR) for Southeastern Connecticut Planning Region is $1,902; about 90% of rents in Pawcatuck are below it.

With a mortgage

$1,931 a month

Southeastern Connecticut Planning Region: $2,140 a month

Without a mortgage

$874 a month

Southeastern Connecticut Planning Region: $931 a month

Owners with a mortgage

63%

Southeastern Connecticut Planning Region: 61%

The typical cost for an owner with a mortgage in Pawcatuck is $1,931 a month, less than in Southeastern Connecticut Planning Region ($2,140); without one, $874.

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 Pawcatuck rose 48%.

Since 2015–2019, the typical rent in Pawcatuck rose 22%.

The typical household income in Pawcatuck rose 38% over that time; home values changed +48% and rent +22%.

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

MeasurePawcatuckSoutheastern 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 2.132.322.462.53
Drive alone 78%76%69%69%
Carpool Unreliable estimate7%8%9%
Public transit Unreliable estimate1%3%3%
Walk or bike Unreliable estimate3%3%3%
Work from home 10%12%16%15%
Other means Unreliable estimate1%1%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

Households in Pawcatuck are smaller: 2.13 people on average; in Southeastern Connecticut Planning Region, 2.32.

The car rules in Pawcatuck: 78% 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 for a home in Pawcatuck?

A typical home costs more than the typical income allows

We start with a typical home in Pawcatuck, worth $360,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 46% of the typical household income in Pawcatuck, which is $80,114 a year. For that payment to be 28% of income, a household would need to earn about $131,397 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 Pawcatuck. 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 $12,621 (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

$3,066

at 7.18% · 30 years

Loan amount
$354,069
Total interest
$509,422
Paid off in
November 2056

Includes $6,090 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,869 a month

  • Tight

    $1,869 to $2,403 a month

  • Hard

    more than $2,403 a month

    Your payment · 46%

Compared with the typical household income in Pawcatuck ($80,114 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,066
Principal & interest$2,399
Property tax$358
Home insurance$150
FHA mortgage insurance (MIP)$159

You need at least $12,621 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

Pawcatuck and Southeastern Connecticut Planning Region

Pawcatuck 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).

Pawcatuck's own numbers

Typical home value
$360,600
Typical monthly rent
$1,155
Typical yearly household income
$80,114
Households that own their home
58%
Effective property tax rate
1.19%

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 Pawcatuck

A typical home in Pawcatuck is worth $360,600: 12% above the planning region and about the same as Connecticut. With the typical household income in Pawcatuck ($80,114 a year), a typical home costs 4.5 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.

  • Pawcatuck 4.5 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

Pawcatuck 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
  • Pawcatuck $360,600
  • Southeastern Connecticut $323,400
  • Connecticut $366,900
  • United States $332,700
Typical monthly rent
  • Pawcatuck $1,155
  • Southeastern Connecticut $1,365
  • Connecticut $1,488
  • United States $1,413
Typical yearly household income
  • Pawcatuck $80,114
  • Southeastern Connecticut $86,586
  • Connecticut $95,781
  • United States $80,734
See the full table
Pawcatuck next to Southeastern Connecticut Planning Region and Connecticut
Measure Pawcatuck Southeastern Connecticut Planning Region Connecticut U.S.
Typical home value $360,600 $323,400 $366,900 $332,700
Typical monthly rent $1,155 $1,365 $1,488 $1,413
Typical yearly household income $80,114 $86,586 $95,781 $80,734
Households that own their home 58% 65% 66% 65%
Typical yearly property tax $4,276 $5,228 $6,643 $3,119
Effective property tax rate 1.19% 1.62% 1.81% 0.94%
Renters with high rent for their income 39% 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 Pawcatuck

For a typical $360,600 home in Pawcatuck, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Pawcatuck's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,066a month

    Least cash to close
    Down payment
    $12,621
    Cash to close
    $23,439
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $159

  • Conventional, 5% down $3,000a month

    Down payment
    $18,030
    Cash to close
    $28,848
    Rate
    7.18%
    Mortgage insurance
    PMI · $171

  • Conventional, 20% down, no PMI $2,462a month

    Down payment
    $72,120
    Cash to close
    $82,938
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,795a month

    Down payment
    $54,090
    Cash to close
    $64,908
    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 Pawcatuck and for Southeastern Connecticut Planning Region.

Property tax

Effective rate in Pawcatuck

1.19%of the home’s value each year

$4,276 a year for the typical owner in Pawcatuck.

  • Pawcatuck 1.19%
  • 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 Pawcatuck

Typical rent in Pawcatuck is $1,155 a month: 15% below the planning region. In Pawcatuck, 39% 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 Pawcatuck

HUD lists 2 buildings with rents for lower incomes in Pawcatuck. These are the largest.

  • Brookside Village 110 Brookside Ln, Pawcatuck 06379 160 low-income homes · For older adults (860) 599-5030
  • Stonington Arms 133 S Broad St, Pawcatuck 06379 76 homes, 75 low-income · For older adults (860) 599-3859

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

Free help

Help to buy or rent in Pawcatuck

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 pregnant woman reads paperwork on the sofa while the grandmother plays with the girl on the floor.

HUD counseling is free or low-cost

Assistance programs in Pawcatuck

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

Which programs do I qualify for? All programs in Connecticut

Housing counselors near Pawcatuck

The HUD-approved agencies closest to the center of Pawcatuck, 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 · 13 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 · 50 miles away

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

  • NSC (naca Counseling Subsidiary) - Hartford CT

    241 Main St Fl 1, Hartford · 50 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    203-562-6220-1385

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

Help in Spanish near Pawcatuck

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 Pawcatuck

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

All guides
A mother and her daughters smile together on a mountain trail with a snowy peak behind them.

Questions

Housing questions about Pawcatuck

Short answers with the numbers for Pawcatuck 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 Pawcatuck?

The typical home value in Pawcatuck is $360,600, 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 Pawcatuck?

Typical rent in Pawcatuck is $1,155 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 Pawcatuck?

Pawcatuck 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 Pawcatuck?

The typical homeowner in Pawcatuck pays $4,276 a year, according to the U.S. Census Bureau. That is 1.19% 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 Pawcatuck?

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).