The typical owner-occupied home in Windsor Locks is worth about $258,800, 29% below the Connecticut median of $366,900 and 22% below the national median of $332,700. Owners pay a median $3,688 a year in property taxes, about 1.43% of their home's value, lower than the Connecticut rate of 1.81%. The median household earns $81,205 a year, so the median home costs 3.2 times the median income (3.8 times for Connecticut). 77% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Windsor Locks at a glance
| Windsor Locks | Connecticut | U.S. | |
|---|---|---|---|
| Median home value | $258,800 | $366,900 | $332,700 |
| Median property tax paid per year | $3,688 | $6,643 | $3,119 |
| Property tax as a share of value | 1.43% | 1.81% | 0.94% |
| Median household income | $81,205 | $95,781 | $80,734 |
| Homes lived in by their owners | 77% | 66% | 65% |
| Owner homes with a mortgage | 60% | 65% | 61% |
| Median monthly costs, owners with a mortgage | $1,820 | $2,429 | $1,963 |
| Those costs as a share of the owners' income | 20.0% | 21.8% | 21.0% |
| Median rent | $1,394 | $1,488 | $1,413 |
| Rent as a share of renters' income | 33.7% | 31.4% | 30.6% |
| Median year homes were built | 1961 | 1967 | 1980 |
| Vacant homes | 2.7% | 7.0% | 10.1% |
| Population | 12,579 | 3,624,508 | 334,922,499 |
What a typical home costs per month in Windsor Locks
At this week's average 30-year rate of 7.11%, buying the median Windsor Locks home of $258,800 with 20% down costs about $1,809 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,240, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $77,529 for the 20%-down payment. That payment is 27% of the median Windsor Locks household income of $81,205; at that income and 20% down, the 28% guideline points to a home of about $271,000.
The median rent here is $1,394 a month, so owning the median home costs about $415 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $51,760 |
|---|---|
| Loan amount | $207,040 |
| Principal and interest | $1,393 |
| Property taxes (1.43% a year) | $308 |
| Homeowners insurance (our estimate, 0.5% a year) | $108 |
| PMI | $0 |
| Total per month | $1,809 |
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| Down payment | $9,058 |
|---|---|
| Loan amount | $254,112 |
| Principal and interest | $1,709 |
| Property taxes (1.43% a year) | $308 |
| Homeowners insurance (our estimate, 0.5% a year) | $108 |
| FHA mortgage insurance | $114 |
| Total per month | $2,240 |
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Questions about home buying in Windsor Locks
What is the median home value in Windsor Locks?
About $258,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Windsor Locks?
Homeowners pay a median $3,688 a year, which is about 1.43% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Windsor Locks?
For the median home with 20% down at 7.11%, the payment is about $1,809 a month. Keeping that under 28% of gross income takes about $77,529 a year.
More about Windsor Locks
- Mortgage Refinance in Windsor Locks
- Debt Relief in Windsor Locks
- Home Equity Loans in Windsor Locks
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data