Lake Chaffee CDP, Connecticut Demographics & Population 2026

Population Overview

Lake Chaffee CDP is a small community located in Connecticut. The total population is 299. It ranks as the 194th most populous out of 215 cities and towns in Connecticut.

Age Demographics

The median age in Lake Chaffee CDP is 48.6 years. This is 18% higher than the state median of 41.2 years. 10.7% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Lake Chaffee CDP is $97,813. This is 4% higher than the state median of $93,760. Compared to the national median of $78,538, household income here is 25% higher. The poverty rate stands at 0.0%. This is 100% lower than the state poverty rate of 10.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 5.7%. The median home value is $252,800. Housing costs are 26% lower than the state median of $343,200. With a home-value-to-income ratio of just 2.6x, Lake Chaffee CDP is one of the most affordable housing markets in the area. 80.0% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 66.2%.

Race & Ethnicity

Lake Chaffee CDP has a predominantly White (non-Hispanic) population, comprising 94.7% of all residents. The White (non-Hispanic) population is significantly higher than the state average (94.7% vs 63.0%).

Education

45.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 9% higher than the state rate of 41.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 100.0%. Notably, 38.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Lake Chaffee CDP, Connecticut is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Connecticut state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 215 Census-designated places in Connecticut. For official data, visit data.census.gov.