Pros, cons, key stats, and the strongest Connecticut cities to consider. Based on our analysis of 43 tracked Connecticut city markets.
Yes, for many movers. The better answer is city-specific: Connecticut contains both stronger and weaker markets, and the right fit depends on your budget, job needs, climate tolerance, and tax situation.
Pros
- Social Security is not taxed by the state
- Middle-of-the-pack tracked-city housing ($361,669)
- Healthy housing-market momentum in tracked cities (76/100 median)
- New Canaan is one of the strongest current city signals in Connecticut
Cons
- High effective property tax rate (1.79%)
- State averages hide major city-by-city differences
- Best-known places can price above the statewide median
What this means in practice
Across 43 tracked Connecticut city markets, the median home costs $361,669 with a 1-year change of +4.6% and a median momentum score of 76 out of 100.
On taxes, High property tax (top 5 nationally). Income tax up to 6.99%. Retirement income partially taxed. That matters because the cheapest state on paper can still be expensive if property tax, insurance, or local housing costs overwhelm the headline rate.
State-level averages mask city-level variation — within any state, individual cities can have radically different cost, climate, and trajectory. Use the strongest-momentum cities below as a starting point.
Top 5 Connecticut cities by momentum
- New Canaan — momentum 86, median $2,138,987
- Windsor Locks — momentum 85, median $334,043
- Wethersfield — momentum 84, median $429,885
- Greenwich — momentum 82, median $2,300,120
- Ridgefield — momentum 81, median $994,761