ZIP 06422 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 06422 in the Hartford-West Hartford-East Hartford, CT MSA FMR area.
Hartford-West Hartford-East Hartford, CT MSA
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $1,470 | $1,323 | $1,617 | $1,346 |
| 1 bedroom | $1,700 | $1,530 | $1,870 | $1,543 |
| 2 bedrooms | $2,140 | $1,926 | $2,354 | $1,933 |
| 3 bedrooms | $2,560 | $2,304 | $2,816 | $2,303 |
| 4 bedrooms | $2,900 | $2,610 | $3,190 | $2,542 |
Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.
New Haven, CT MSA
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $1,470 | $1,323 | $1,617 | $1,609 |
| 1 bedroom | $1,700 | $1,530 | $1,870 | $1,743 |
| 2 bedrooms | $2,140 | $1,926 | $2,354 | $2,091 |
| 3 bedrooms | $2,560 | $2,304 | $2,816 | $2,602 |
| 4 bedrooms | $2,900 | $2,610 | $3,190 | $2,935 |
Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.
Income in ZIP 06422
| Adjusted gross income | Share of returns |
|---|---|
| $1 to $25,000 | 18.7% |
| $25,000 to $50,000 | 13.9% |
| $50,000 to $75,000 | 13.1% |
| $75,000 to $100,000 | 10.7% |
| $100,000 to $200,000 | 28.3% |
| $200,000 or more | 15.5% |
IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 4.3% of returns claimed the Earned Income Tax Credit.
Questions and answers
What is the Small Area Fair Market Rent for ZIP code 06422?
HUD's FY2027 Small Area FMRs for ZIP 06422 (Hartford-West Hartford-East Hartford, CT MSA) are $1,470 efficiency, $1,700 one bedroom, $2,140 two bedrooms, $2,560 three and $2,900 four bedrooms.
What payment standard can a housing authority set in ZIP 06422?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,926 to $2,354.
How affordable is rent in ZIP 06422?
Tax returns filed from ZIP 06422 reported an average adjusted gross income of $141,936 (2022). A two-bedroom unit at the Small Area FMR costs $25,680 a year, or 18% of that income.