Counties / Connecticut / Northwest Hills Planning Region

Northwest Hills Planning Region, CT

FIPS 09160 · population 113,216 · part of Torrington, CT

$336k
ACS owner-reported value · ACS 2024 5-year
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

ACS owner-reported value
$336k
survey estimate; not a current listing or sale price
Census ACS · surveyed
ACS median gross rent
$1,193
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$1,616
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

One annual series is unavailable
FHFA five-year cumulative+64.8%not annualized · through 2025
0%ZILLOW ZHVIperiod n/an/aFHFA HPI2025+6.8%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$336k
Surveyed gross rent$1,193
Rent burden 30%+44.2%
Median year built1967
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
14.2%vacant
55,752estimated housing units
Occupied tenure23.7% renter
owner 76.3%renter 23.7%
Structure mix79.2% single-family
Single-family 79.2%20+ units 3.3%Mobile home 0.4%Other 17.0%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs38,010▲ 0.9% from the prior annual release
Covered establishments4,744annual average reporting locations
Average weekly wage$1,274▲ 3.0% from the prior annual release
Largest private supersectorEducation and health services29.3% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+0.9%WEEKLY WAGE+3.0%Education and health services29.3%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

The county’s decision tension is a strong historical appreciation signal beside a softer current listing market. No Zillow county home-value series is supplied. FHFA’s repeat-transaction HPI increased 6.82% year over year and 64.82% over its supplied five-year measure; it is an index, not a home value. Separately, Realtor.com’s June 2026 MLS evidence—not closed sales—shows median asking prices down 4.17% year over year. These are different methods and periods, so they cannot form one trend. Exit-sensitive buyers should investigate listing competition before relying on price momentum.

02Housing economics

No county market rent is published, so gross yield cannot be computed. HUD’s supplied FMR of $1,616 is a payment standard, not an asking-rent estimate. The ACS 2024 5-year survey separately reports a $335,600 owner-reported median value for owner-occupied homes and $1,193 median gross rent for occupied units; neither is a current asking or transaction measure, and their levels must not be combined. A 1.67% effective property-tax rate and $5,593 median annual tax make carrying-cost verification material, but unit taxes and assessments are absent.

03Demand & competition

Demand evidence is mixed rather than conclusive. QCEW’s annual workplace-based covered employment rose 0.87%, while average weekly covered-worker wage was $1,274; neither measures resident employment or unemployment. Education and health services is the largest disclosed private supersector, not a measure of the whole county economy. Tax-return migration shows a net inflow of 108, and incoming movers’ average income exceeded outgoing movers’ by $4,954, a calculation from supplied averages. Investors accounted for 108 of 1,294 purchases, so non-occupant competition exists but is not dominant.

04Risk & next checks

Inland flood is the dominant hazard, and modeled annual climate loss equals 0.18% of building value; it is modeled loss, not an insurance quote or a property-specific estimate. The ACS survey describes housing stock and tenure but cannot establish building condition, lease demand, or repair needs. Underwriting still needs address-level flood exposure and insurance, actual market rents and concessions, sale comparables, operating costs, tax assessment, and inspection results. Without those items, net income, yield, replacement cost, and downside liquidity cannot be concluded.

Cities & communities

Where people live within Northwest Hills Planning Region

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Torrington city35.5KWinsted CDP7KNorthwest Harwinton CDP3.1KNew Hartford Center CDP1.4KLitchfield borough1.3KNew Preston CDP1.1KCanaan CDP961Bantam borough810
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

17 Census places

Population
  1. 01
    Torrington cityIncorporated place
    35,547
  2. 02
    Winsted CDPCensus-designated place
    6,977
  3. 03
    Northwest Harwinton CDPCensus-designated place
    3,088
  4. 04
    New Hartford Center CDPCensus-designated place
    1,373
  5. 05
    Litchfield boroughIncorporated place
    1,251
  6. 06
    New Preston CDPCensus-designated place
    1,146
  7. 07
    Canaan CDPCensus-designated place
    961
  8. 08
    Bantam boroughIncorporated place
    810
  9. 09
    Sharon CDPCensus-designated place
    631
  10. 10
    Norfolk CDPCensus-designated place
    523
  11. 11
    Lakeville CDPCensus-designated place
    510
  12. 12
    Falls Village CDPCensus-designated place
    410
Show 5 more places
  1. 13
    Riverton CDPCensus-designated place
    318
  2. 14
    Cornwall Bridge CDPCensus-designated place
    248
  3. 15
    Pleasant Valley CDPCensus-designated place
    219
  4. 16
    Cornwall CDPCensus-designated place
    84
  5. 17
    West Cornwall CDPCensus-designated place
    70

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.180% of building value expected lost per year

Effective property tax1.67%

$5,593 median annual bill

02
DemandIRS SOI household flows
Net migration+108

2,914 in · 2,806 out

Arriving vs leaving income+$4,954

$107,171 arriving · $102,217 leaving

03
CompetitionHMDA financed purchases
Purchases by investors8.3%

108 of 1,294 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings315▼ 4.0% year over year
Median days on market44▲ 6.1% year over year
Listings price-reduced13.1%seller-concession signal
Median listing pricen/a▼ 4.2% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; for a rent figure, the Torrington, CT page covers the wider market.
Bear case

What can break the county thesis

  1. Actual achievable rent may differ materially because no county market-rent series is published.
  2. Address-level flood exposure, insurance cost, and property condition may differ from the county-level hazard model.
  3. MLS asking-price softness may not represent closed-sale pricing or eventual transaction liquidity.
Underwriting questions

Before pricing a property

Can gross yield be calculated from this record?

No. County market rent is not published, and HUD FMR cannot substitute for market rent.

What does the FHFA appreciation figure measure?

It is a repeat-transaction home-price index, not a dollar home value or transaction price.

Which hazard requires property-level diligence?

Inland flood; the supplied climate-loss figure is modeled county-level evidence rather than an address-specific insurance estimate.