CALCMONEY // HOME AFFORDABILITY // CT // DARIEN
How much house can you afford in Darien? Based on local median home prices, current CT mortgage rates, and Darien property tax data.
$2,200,000
$15,603/mo
$668,681/yr
$136,078
Monthly housing costs of $15,603 represent 91.3% of Darien's median gross monthly income ($17,083/mo). At 91.3%, median-income buyers in Darien are significantly stretched — well above the 28% guideline. A larger down payment or higher income is required.
| Median Home Price | $2,200,000 |
| Down Payment (20%) | $440,000 |
| Loan Amount | $1,760,000 |
| Monthly PI Payment | $11,533 |
| Monthly Property Tax | $3,153 |
| Monthly Insurance Est. | $917 |
| Total Monthly PITI | $15,603 |
| Housing Cost % of Income | 91.3% |
| Required Income (28% rule) | $668,681/yr |
| Max Affordable Home | $136,078 |
$77,000
$19,485/mo
Darien Home Affordability Quick Reference 2026
| Metric | Value | Notes |
|---|---|---|
| Median Home Price | $2,200,000 | Darien city median |
| Down Payment (20%) | $440,000 | Conventional loan |
| Monthly PITI | $15,603 | 6.85% rate, 30yr fixed |
| Required Income (28% rule) | $668,681 | Annual gross |
| Max Affordable Home | $136,078 | Based on median income |
| FHA Down (3.5%) | $77,000 | Minimum FHA |
| Housing Cost % of Income | 91.3% | Median income: $205,000/yr |
| Property Tax Rate | 1.72% | $37,840/yr on median home |
Monthly PITI includes principal, interest, property tax, and homeowners insurance. Estimates only.
The median home price in Darien is $2,200,000, with a local 30-year mortgage rate of 6.85%. A buyer putting 20% down carries a loan of $1,760,000, generating a monthly P&I payment of $11,533. Adding property taxes ($3,153/mo) and homeowners insurance ($917/mo) brings total monthly PITI to $15,603.
Darien's property tax rate of 1.72% is near the national average, adding a standard increment to monthly housing costs. On the Darien median home, that is $3,153/month, or $37,840 per year.
Connecticut levies a state income tax, which affects take-home pay and effective buying power. High-income earners in Darien should factor state tax liability into their overall housing budget — mortgage interest may be deductible on both federal and state returns.
Using the 28% rule, a household earning Darien's median income of $205,000/year can afford up to $4,783/month in total housing costs. Based on Darien's mortgage rate of 6.85% and property tax rate of 1.72%, that translates to a maximum affordable home price of approximately $136,078 with 20% down on a 30-year loan.
To afford the median Darien home priced at $2,200,000, you need an annual gross income of approximately $668,681. Total monthly housing costs (principal and interest of $11,533, property taxes of $3,153, and insurance of $917) come to $15,603/month, which equals 28% of the required income.
At the median home price of $2,200,000 and median household income of $205,000, the total monthly housing cost of $15,603 represents 91.3% of gross monthly income. This is well above the standard 28% threshold, making Darien a challenging market for buyers at median income.
A conventional 20% down payment on the median Darien home of $2,200,000 is $440,000. An FHA loan requires just 3.5% down — $77,000 — but adds mortgage insurance of roughly $1,504/month, bringing total FHA payments to $19,485/month.
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