Surrounding submarket Area
Berlin, Connecticut is a part of the Southwest Submarket submarket area, and contains zip code 6037.
Berlin Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Berlin, CT submarket area was $1,049, which is 8.03% higher than 2014 average rent. This represents a compounded annual growth rate of 1.56%. 2019 vacancy in Berlin, CT was 4.00%.
The total population of the city of Berlin, CT has grown 2.85% since 2010. As of 2018, the population was 20,432. The median household income of the Berlin was $95,996, which is 59.22% higher than the national average.
- submarket area Southwest Submarket
- avg rent $1,049
- rent growth 8.03%
- vacancy 4.00%
- median income $95,996
- population (2018) 20,432
- population growth 2.85%
- vs. nat'l avg 59.22%
- zip code 6037