Median Income
$81,140
household / year
Median Home Value
$224,100
owner-occupied
Median Rent
$1,713
gross / month
Cost of Living
100
national avg = 100

Is Lake Chaffee, CT a Good Place to Live?

Lake Chaffee is a small town of 301 in Connecticut, with a median household income of $81,140 . Its cost of living index is 100 (US average = 100), which is 0% below the national average.

Strengths: Lake Chaffee stands out for below-average home prices, solid school ratings (A+), a well-educated population.

Trade-offs: No major red flags stand out in the available data. Whether Lake Chaffee is right for you depends on your priorities — the full breakdown is below.

All Lake Chaffee city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 99.9

Lake Chaffee's overall cost of living index is 99.9, where 100 represents the US national average. Living in Lake Chaffee costs roughly 0% less than the average American city.

Metric Lake Chaffee, CT National Avg
Median Home Value $224,100 $244,900
Median Monthly Rent $1,713 $1,163
Homeownership Rate 62.9% 65.9%
Median Household Income $81,140 $74,755

Crime & Safety

Crime data for Lake Chaffee is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Lake Chaffee is served primarily by Ashford School District. The student-to-teacher ratio is 8.6:1 (better than the national average of ~16:1).

Metric Lake Chaffee, CT National Avg
School District Ashford School District
Elementary Schools 1
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio 8.6:1 16:1
Bachelor's Degree or Higher 42.9% 35.4%
High School Diploma or Higher 100.0% 91.1%

Weather & Climate

Lake Chaffee sees average highs of 33.7°F in January and 80.8°F in July, with 50.2 inches of annual precipitation and 39.0 inches of snow per year.

MetricLake Chaffee, CT
Average High — January33.7°F
Average High — July80.8°F
Annual Precipitation50.2"
Annual Snowfall39.0"

Demographics

MetricLake Chaffee, CTNational Avg
Population301
Median Age30.638.9
Unemployment Rate0.0%3.7%
Avg Commute Time29.8 min26 min
White (non-Hispanic)100.0%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1834.6%22.2%
65 and over18.6%16.8%

Nearby Cities

ZIP Codes in Lake Chaffee

Lake Chaffee, CT is covered by 1 ZIP code:

Lake Chaffee vs Other Cities

Frequently Asked Questions

Lake Chaffee's cost of living index is 100, where 100 is the national average. That makes Lake Chaffee roughly 0% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $224,100 and median rent is $1,713/month.
Crime data for Lake Chaffee is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Lake Chaffee are operated by Ashford School District. The district has 1 elementary, several middle, and several high schools. The student-to-teacher ratio is 8.6:1. 42.9% of adults 25+ hold a bachelor's degree or higher.
Lake Chaffee, CT has a population of 301, a median household income of $81,140, and an unemployment rate of 0.0%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Lake Chaffee averages 33.7°F in January and 80.8°F in July. Annual rainfall is 50.2 inches with about 39.0 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Lake Chaffee, CT is covered by 1 ZIP code: 06278.
The population of Lake Chaffee, Connecticut is 301 with a median age of 30.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lake Chaffee: cost of living index 100 (100 = US average), median home $224,100, median household income $81,140, schools rated A+. Whether these are benefits or drawbacks depends on where you're coming from — compare Lake Chaffee side by side with your current city to see the trade-offs.