Old Lyme, CT Overview

Old Lyme welcomes thousands of seasonal visitors each year to miles of shoreline, tidal marsh, inland wetlands, and forested hills. The town claims a tradition of volunteerism and a commitment to the arts, encouraged by the resources at the Lym Academy of Fine Arts. Fine examples of colonial and Federal architecture grace tree-shaded lanes and country roads. Local businesses include a growing number of high technology design and production companies, although the area is home to many commuters.

Summary

Population Growth (since 2000)	1%
Population Density (ppl / mile)	326.00
Household Size (ppl)	2.397
Households w/ Children	26%

Housing Stability

Annual Residential Turnover	0%
5+ Years in Residency	53%
Median Year in Residency	5.76

Housing Inventory

Market Overview

52 listings with an estimated median price of $659,450

Price	Count
$0 - 100K	2
$100K - 200K	2
$200K - 300K	3
$300K - 400K	6
$400K - 500K	9
$500K - 600K	3
$600K - 700K	6
$700K - 800K	3
$800K - 900K	2
$900K - 1M	5
$1M - Max	11

Property Type	Count
Single Family	37
Condo	1
Commercial	1
Rental	12
Lots and Land	13

(Data as of 4/26/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 7,499

Households:3,124

Median Age: 52.07

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Highest Education Level Attained

Employment and Finance

Workforce

Income by dollar range (Median Income: $88,955)

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio: $734
One Bedroom: $815
Two Bedroom: $1,056
Three Bedroom: $1,409
Four Bedroom: $1,611

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces: No
Restaurants: Yes
Bars: Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.