Old Lyme, Connecticut 

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Population

7,582

+2.4% since 2020

Unemployment Rate

7.7%

Cost of Living

127.5 / 100

Median Home Price

$530,700

Median Income

$113,889

Comfort Index (Climate)

9.2 / 5.4

summer / winter

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Best Places to Live in Old Lyme, Connecticut

Living in Old Lyme, CT is a truly unique experience. It offers a small-town atmosphere with big city amenities. The town is filled with history and beauty – from its colonial-era homes to its picturesque coves that line the Long Island Sound. Residents enjoy easy access to nearby beaches, parks, and other recreational areas, plus an array of restaurants, shopping centers, and cultural institutions. From the quaint downtown area to the wide open spaces of the surrounding area, there’s something for everyone in this vibrant community. No matter what you enjoy doing, you’re sure to find it in Old Lyme! Small-city complex - Eastern Connecticut along the Long Island Sound to 15 miles north along the Thames River.
State: Connecticut
County: New London County
Metro Area: Norwich-New London Metro Area
City: Old Lyme
Zip Codes: 06371 06376
Cost of Living: 27.5% higher
Time zone: Eastern Standard Time (EST)
Elevation: 7 ft above sea level


Old Lyme, Ct Housing Market
Least Expensive HomesHomes Over 2,000 Sq. Ft.
Most Expensive HomesHomes less than 10 yrs old
All Single Family Homes
Pros
Central location
Historic interest
Attractive setting
Cons
Harsh winters
Some urban decay
Weak job growth

What Bert Has To Say About Norwich-New London Metro Area

New London is located where the broad Thames River empties into the Long Island Sound. Norwich lies about 13 miles upriver. New London has a rich maritime history and is now home to the U.S. Coast Guard Academy. Norwich is an early industrial center, where the first paper and iron nails were made in the mid-1700’s. Both cities remain fairly industrial but have modestly attractive downtown cores with areas of historic buildings. New London is also home to two small colleges.


Highlights

ECONOMY
The unemployment rate in Old Lyme is 7.7% (U.S. avg. is 6.0%). Recent job growth is Positive. Old Lyme jobs have increased by 0.2%. More Economy

COST OF LIVING
Compared to the rest of the country, Old Lyme's cost of living is 27.5% higher than the U.S. average. More Cost of Living or Compare Old Lyme's Cost of Living

WEATHER & CLIMATE
June, September and August are the most pleasant months in Old Lyme, while January and February are the least comfortable months. Today's Weather | Climate Averages

VOTING
In the last Presidential election, New London county remained very strongly Democratic, 56.9% to 40.9%. More Voting Stats

POPULATION
Old Lyme's population is 7,582 people. Since 2020, it has had a population decline of 1.3%. Learn More...

TRANSPORTATION
Average Commute time is 31.3 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Old Lyme is $530,700. Home appreciation the last 10 years has been 11.4%.

SCHOOLS
Old Lyme public schools spend $20,990 per student. The average school expenditure in the U.S. is $12,383. There are about 10.9 students per teacher in Old Lyme. More Education



Best Places to Live in Old Lyme Rankings


Housing Market in Old Lyme

It's a good time to buy in Old Lyme. Home Appreciation is up 11.4% in the last 12 months.
The median home price in Old Lyme is $530,700.
See Homes

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MAPS OF OLD LYME, CONNECTICUT
Old_Lyme,Connecticut Map

ZIP CODES IN OLD LYME, CONNECTICUT
06371 06376

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