Lake Chaffee, Connecticut Demographics & Population 2026
During the 2020–2024 ACS period, Lake Chaffee, Connecticut had a total population of 235, the 200th largest community in Connecticut, with a median household income of $104,375, which is 9% higher than the state average. The poverty rate is 0.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.5x.
Lake Chaffee Quick Facts
How Lake Chaffee Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 299 | 235 | -21.4% |
| Median household income | $97,813 | $104,375 | +6.7% |
| Median home value | $252,800 | $260,700 | +3.1% |
How Lake Chaffee Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 57 | National average: 61
Education
Educational Attainment (Adults 25+)
Lake Chaffee Rankings in Connecticut
Explore Connecticut Rankings
Cities Similar to Lake Chaffee
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Cornwall Bridge | 248 | N/A | $371,100 | 26.2% | 18.9% |
| Pleasant Valley | 219 | $76,991 | $367,700 | 61.4% | 3.6% |
| Candlewood Knolls | 224 | $164,250 | $700,000 | 90.9% | 0.0% |
| Brookfield Center | 248 | $172,500 | $478,900 | 49.1% | 0.0% |
| Dodgingtown | 285 | $134,091 | $557,100 | 66.7% | 0.0% |
A note before these figures: with a population of 235, Lake Chaffee's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Lake Chaffee is a small community located in Connecticut. The total population is 235. It ranks as the 200th most populous out of 214 Census-designated places in Connecticut.
Age Demographics
The median age in Lake Chaffee is 50.5 years. This is 23% higher than the state median of 41.1 years. Only 13.2% of residents are under 18, indicating fewer families with children. 10.6% 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 is $104,375. This is 9% higher than the state median of $95,781. It is also 29% higher than the national median of $80,734. The ACS records no residents below the poverty line in Lake Chaffee. In a community this small the estimate rests on very few survey responses, so it should be read as an absence of measurement rather than a measured absence of poverty. The survey records no unemployed residents in Lake Chaffee, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $260,700. Housing costs are 29% lower than the state median of $366,900. With a home-value-to-income ratio of just 2.5x, Lake Chaffee is one of the most affordable housing markets in the area. 96.4% of occupied housing units are owner-occupied. This homeownership rate is 45% higher than the state average of 66.5%.
Race & Ethnicity
Lake Chaffee has a predominantly White (non-Hispanic) population, comprising 93.2% of all residents. The White (non-Hispanic) population is significantly higher than the state average (93.2% vs 61.9%).
Education
25.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 41% lower than the state rate of 42.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample. Notably, 16.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Lake Chaffee, Connecticut is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Connecticut state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 214 Census-designated places in Connecticut. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Lake Chaffee, Connecticut?
Lake Chaffee, Connecticut has a population of 235 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake Chaffee, CT?
The median household income in Lake Chaffee is $104,375, which is 29% higher than the national median of $80,734.
What is the poverty rate in Lake Chaffee, CT?
The ACS sample for Lake Chaffee recorded no residents below the federal poverty line. Because the community is small, this indicates that the survey did not capture poverty here rather than that no poverty exists — the estimate carries a wide margin of error.
What is the racial makeup of Lake Chaffee, Connecticut?
Lake Chaffee's population is 93.2% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Lake Chaffee, CT?
The median home value in Lake Chaffee is $260,700. The home-value-to-income ratio is 2.5x.
How educated is Lake Chaffee, Connecticut?
25.1% of adults (25+) in Lake Chaffee hold a bachelor's degree or higher, and 16.8% hold a graduate or professional degree.