U.S. ZIP Code · CT06385
New London County
Appreciation
- 1-year
- +6.0%
- 5-year / yr
- +7.9%
- 10-year / yr
- +6.5%
Relative price
- vs U.S.
- +51.2%
- vs metro
- —
- vs state
- -1.2%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 06385 is worth $429,528. Over the past year, values have risen 6.0%. Homes here rent for a typical $1,933 a month — a 5.4% gross rental yield. The effective property tax rate is 1.5%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for New London County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- —[4]
- Riverine flood
- —
- Coastal flood
- —
- Wildfire
- —
- Drought
- —
- Heat wave
- —
- Hurricane
- —
- Tornado
- —
- Earthquake
- —
- Winter weather
- —
#Who lives here
#Migration
Household moves in and out of New London County over a year, from IRS tax-return data.
- Net migration
- —[5]
- Moved in
- —
- Moved out
- —
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 5
- Elementary
- 3
- Middle
- 1
- High
- 1
Waterford High School
High · Grades 9–12 · Waterford School District
713 students
Clark Lane Middle School
Middle · Grades 6–8 · Waterford School District
548 students
The Friendship School
Elementary · Grades PK–K · Learn
459 students
Great Neck Elementary School
Elementary · Grades PK–5 · Waterford School District
334 students
Oswegatchie Elementary School
Elementary · Grades PK–5 · Waterford School District
296 students
Run the numbers
Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.
Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.
Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.
Renting is meaningfully cheaper month-to-month.
This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.
#Metro ranking
Where this ZIP sits among others in its metro area.
Frequently asked
- How much is a home worth in ZIP code 06385?
- The typical home in 06385 is worth $429,528, based on the Zillow Home Value Index.
- Are home values rising in 06385?
- Home values in 06385 are up 6.0% over the past year, and up 7.9% a year over five years.
- What is the typical rent in 06385?
- A typical home in 06385 rents for about $1,933 a month, a gross rental yield of 5.4%.
- What is the property tax rate in 06385?
- The effective property tax rate in 06385 is 1.5% — roughly $6,416 a year on a typical home.
- Who lives in 06385?
- ZIP code 06385 has a population of 15,966 and a median household income of $100,484.
Compare ZIPs
Pit ZIP 06385 against any other ZIP — full side-by-side table.
#Jump to section