The 06702 ZIP Code is primarily associated with Waterbury, CT in New Haven County in the United States. The current population estimate is 3,080. An estimated 54.7% in this Connecticut region have a high school degree or higher, while the per capita income comes in at approximately $11,648. Approximately 64% of the population is living below the poverty line. The median household income of this region is $12,908.
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The median household income in ZIP Code 06702 is $12,908, while the region's mean household income is $17,704. Breaking income down further, per capita income in the region is $11,648. The per capita income in ZIP Code 06702 of $11,648 is approximately 73.82% less than the per capita income in the U.S. overall of $44,496. An estimated 63.6% of the population is living below the poverty line in this region. This rate is approximately569.47% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 30.1% of the population in 06702 earn less than $10,000 per year, while an estimated 29.4% earn $10,000 to $14,999 per year, and 0.0% of 06702 residents earn $200,000 or more per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 30.1% |
| $10,000 to $14,999 per year | 29.4% |
| $15,000 to $24,999 per year | 22.5% |
| $25,000 to $34,999 per year | 6.8% |
| $35,000 to $49,999 per year | 5.7% |
| $50,000 to $74,999 per year | 3.5% |
| $75,000 to $99,999 per year | 0.8% |
| $100,000 to $149,999 per year | 1.1% |
| $150,000 to $199,999 per year | 0.0% |
| $200,000 or more per year | 0.0% |
In ZIP Code 06702, 54.7% of the population graduated high school, while 6.8% have a bachelor's degree or higher. In this region, 22.2% achieved an education level less than 9th grade, while 2.4% hold a graduate or professional degree. Approximately 35.7% in this New Haven County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 22.2% |
| 9th to 12th grade, no diploma | 23.1% |
| High school graduate (includes equivalency) | 35.7% |
| Some college, no degree | 11.7% |
| Associate's degree | 0.5% |
| Bachelor's degree | 4.3% |
| Graduate or professional degree | 2.4% |
Looking at race in the population that makes up ZIP Code 06702, 96.9% is one race, while 3.1% are two or more races. Approximately 48.1% of 06702 residents are hispanic or Latino (of any race). The most common race in 06702 (race alone or in combination with one or more other races), is White (56.6%), followed by Black or African American (26.7%) .
| Industry | Percent |
|---|---|
| White | 56.6% |
| Black or African American | 26.7% |
| American Indian and Alaska Native | 0.9% |
| Asian | 0.2% |
| Native Hawaiian and Other Pacific Islander | 1.3% |
| Some other race | 17.4% |
In ZIP Code 06702, 50.1% of the population lists "English only" as the language spoken in home, while 46.3% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 2.3% of homes, and other Indo-European languages are spoken in 0.2% of homes. Lastly, 1.0% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this New Haven County region.
| Language Spoken | Percent |
|---|---|
| English only | 50.1% |
| Spanish | 46.3% |
| Other Indo-European languages | 2.3% |
| Asian and Pacific Islander languages | 0.2% |
| Other languages | 1.0% |
Regarding the age of homes in ZIP Code 06702, an estimated 47.7% of homes were built in 1939 or earlier. Additionally, 17.8% of homes in the region were built between 1970 and 1979, while an estimated 0.0% of homes were built between 2010 and 2013 in this New Haven County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 1.5% |
| Built between 2010 and 2013 | 0.0% |
| Built between 2000 and 2009 | 5.9% |
| Built between 1990 and 1999 | 3.2% |
| Built between 1980 and 1989 | 8.2% |
| Built between 1970 and 1979 | 17.8% |
| Built between 1960 and 1969 | 5.0% |
| Built between 1950 and 1959 | 6.4% |
| Built between 1940 and 1949 | 4.2% |
| Built in 1939 or earlier | 47.7% |
Residents of ZIP Code 06702 are older than average. The median age of 54.9 years in ZIP Code 06702 is approximately 44.09% higher than the overall median age in the U.S. of 38.1 years. About 87.9% of residents are aged 18 years and older, and 37.5% of residents are 62 years and over. Approximately 17.9% of the population in 06702 falls in the age group 65 to 74 years, while an estimated 11.8% are aged 45 to 54 years. On the low end of the scale, 2.4% of 06702 residents are aged 5 to 9 years.
| Age Range | Percent |
|---|---|
| Under 5 years | 3.6% |
| 5 to 9 years | 2.4% |
| 10 to 14 years | 3.1% |
| 15 to 19 years | 4.2% |
| 20 to 24 years | 6.1% |
| 25 to 34 years | 9.0% |
| 35 to 44 years | 10.1% |
| 45 to 54 years | 11.8% |
| 55 to 59 years | 7.8% |
| 60 to 64 years | 8.8% |
| 65 to 74 years | 17.9% |
| 75 to 84 years | 10.4% |
| 85 years and over | 4.9% |
Regarding solar power potential, ZIP Code 06702 has an average daily solar radiation level of 4.81 kWh/m2/day. This is approximately 16.75% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 27.01% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 06702 | 12.67¢/kWh | 7.63¢/kWh | 5.2¢/kWh |
| Connecticut | 29.52¢/kWh | 20.85¢/kWh | 16.97¢/kWh |
| United States | 16.1¢/kWh | 12.81¢/kWh | 7.81¢/kWh |
| Month | ZIP Code 06702 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.66 | 1.9 | 5.84 |
| Feb | 4.66 | 3 | 6.31 |
| Mar | 5.18 | 3.65 | 7.02 |
| Apr | 5.32 | 5.13 | 7.3 |
| May | 5.42 | 5.17 | 7.13 |
| Jun | 5.55 | 5.72 | 6.95 |
| Jul | 5.68 | 6.22 | 6.51 |
| Aug | 5.59 | 6.08 | 6.65 |
| Sep | 5.58 | 5.15 | 7.02 |
| Oct | 4.43 | 3.32 | 6.92 |
| Nov | 3.55 | 2.33 | 5.99 |
| Dec | 3.15 | 1.78 | 5.46 |
In 06702, 24.6% of the population is in the labor force. Recent estimates place 2.7% as working from home, while the total labor force in the region has a mean travel to time to work of 18.5 minutes. Approximately 27.6% of the employed population 16 years and over in 06702 work in educational services, and health care and social assistance, while an estimated 26.7% work in retail trade. On the lower end of the scale, just 0.0% of 06702 workers 16 years and over work in public administration.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.0% |
| Construction | 8.3% |
| Manufacturing | 2.5% |
| Wholesale trade | 0.0% |
| Retail trade | 26.7% |
| Transportation and warehousing, and utilities | 6.4% |
| Information | 0.0% |
| Finance and insurance, and real estate and rental and leasing | 1.9% |
| Professional, scientific, management, and administrative | 3.9% |
| Educational services, and health care and social assistance | 27.6% |
| Arts, entertainment, and recreation, and accommodation and food services | 22.1% |
| Other services, except public administration | 0.5% |
| Public administration | 0.0% |
Regarding consumer complaints about financial products in ZIP Code 06702, credit reporting or credit repair services have received the most complaints in 06702 in the past 12 months. Checking or savings account received the second most complaints. The most frequent complaint overall in this New Haven County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or credit repair services | 8 |
| Checking or savings account | 3 |
| Student loan | 1 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 4 |
| Problem with a credit reporting company's investigation | 4 |
| Managing an account | 3 |
| Struggling to repay your loan | 1 |