CensusEasy
CITY · 2020 ACS

Lake Chaffee

Connecticut · 282 residents · 0.132 sq mi
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The short version

Lake Chaffee has lower-than-average household income, with a median household income of $51,094. Population has fallen 30% since 2021, a loss of 122 residents. Median home value is $193,500. With a median age of 52.0, the population is older than the US median of 38.8. Poverty is rare here, at 3.7% of residents. Households here earn about 36% less than the Connecticut median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 52.0
US median: 38.8
More educated
39% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

282
−30%vs 2021
vs 404 in 2021
2020 – 2024
2,136 / sq mi
−30%vs 2021
vs 3,061 / sq mi in 2021
US average: 280
52.0
+44%vs 2021
vs 36.0 in 2021
US average: 38.8
Population, 20202024
21826932037042120202024Lake Chaffee
2024235
20202024
Section 02

Income & economy

$51,094
−2%inflation adjusted, since 2021
vs $54,722 in 2021
US average: $66,278
2020 – 2024
$20,076
−23%vs 2021
vs $25,913 in 2021
US average: $35,364
Households earning $100K+
9.9%
−39.4 ptsvs 2021
vs 49.4% in 2021
US average: 43.9%
3.7%
+3.7 ptsvs 2021
vs 0.0% in 2021
US average: 12.8%
Workforce by industry, 2020
Transportation & warehousing15.2%
US avg: 2.5%
Wholesale trade6.3%
US avg: 6.7%
Retail trade5.7%
US avg: 10%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Information0%
US avg: 11.1%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$193,500
+7%inflation adjusted, since 2021
vs $189,700 in 2021
US average: $265,253
2020 – 2024
$1,401
−10%inflation adjusted, since 2021
vs $1,629 in 2021
US average: $1,124
95.9%
+28.4 ptsvs 2021
vs 67.5% in 2021
4.1% rent
3.8
+9%vs 2021
vs 3.5 in 2021
2020 – 2024
RELATED:See current rent listings in Lake Chaffee on RentDataNow
Section 04

Race & ethnicity

2021
White, non-Hispanic92.6%(374)
Black0%(0)
Hispanic / Latino7.4%(30)
Asian0%(0)
Other0%(0)
Diversity Score17.2%(69)
2020
White, non-Hispanic91.8%(259)
Black0.7%(2)
Hispanic / Latino3.5%(10)
Asian0.4%(1)
Other0%(0)
Diversity Score11.5%(32)
11
−33%vs 2021
vs 17 in 2021
2020 – 2024
Section 05

Education

39.3%
+2.3 ptsvs 2021
vs 37.0% in 2021
US average: 32.9%
High school or higher
92.3%
−1.1 ptsvs 2021
vs 93.3% in 2021
US average: 88.5%
24.6%
−4.6 ptsvs 2021
vs 29.3% in 2021
US average: 12.7%
Section 06

Commute & transportation

30.5 min
+5%vs 2021
vs 29.2 min in 2021
US average: 26.9
100.0%
+10.1 ptsvs 2021
vs 89.9% in 2021
US average: 75.1%
0.0%
Unchangedvs 2021
vs 0.0% in 2021
US average: 8.4%
Section 07

Work & employment

0.0%
Unchangedvs 2021
vs 0.0% in 2021
US average: 5.4%
53.3%
−0.2 ptsvs 2021
vs 53.5% in 2021
US average: 63.4%
57.6%
+7.0 ptsvs 2021
vs 50.6% in 2021
US average: 39.3%
Section 08

People & community

37.9%
−7.7 ptsvs 2021
vs 45.5% in 2021
62.1%
+7.7 ptsvs 2021
vs 54.5% in 2021
0.0%
Unchangedvs 2021
vs 0.0% in 2021
US average: 13.5%
0.0%
Unchangedvs 2021
vs 0.0% in 2021
US average: 8.8%
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Frequently asked

How many people live in Lake Chaffee, Connecticut?

Lake Chaffee, Connecticut has about 282 residents according to the 2020 American Community Survey.

What is the median household income in Lake Chaffee, Connecticut?

The typical household in Lake Chaffee, Connecticut earns about $51,094 a year. Half of households make more than that, and half make less.

Is Lake Chaffee, Connecticut expensive?

In Lake Chaffee, Connecticut, the median home is worth about $193,500, and the typical rent is about $1,401 a month.

How educated are people in Lake Chaffee, Connecticut?

About 39.3% of adults age 25 and over in Lake Chaffee, Connecticut hold a bachelor's degree or higher.

What is the poverty rate in Lake Chaffee, Connecticut?

About 3.7% of people in Lake Chaffee, Connecticut live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →