Climate Risk Summary

Zip Code 06708, Risk Profile

The primary drivers of climate-related financial risk in Waterbury, CT (06708) are Inland Flooding, Hurricane, and Earthquake.

Understanding the Dollars

Expected Annual Loss (EAL) is a statistical average of property damage for this entire zip code over a standard year across all properties.

  • / It represents the "average cost" rather than a guaranteed yearly bill.
  • / It can be used to compare the relative risk from different hazards and across different neighborhoods.

Primary Risks

Inland Flooding

$5,606,663

Expected Annual Loss for Zip Code 06708

65.3Score

Relatively High compared to US average

06708
Minimal Estimated LossMax Estimated Loss

Hurricane

$1,577,798

Expected Annual Loss for Zip Code 06708

84.4Score

Relatively Moderate compared to US average

06708
Minimal Estimated LossMax Estimated Loss

Earthquake

$324,258

Expected Annual Loss for Zip Code 06708

51.8Score

Relatively Low compared to US average

06708
Minimal Estimated LossMax Estimated Loss

Zip Code Risk Map

Legend
Very Low
Low
Moderate
High
Very High
Extreme

Financial Risk Inventory

MAJOR DRIVER
Inland Flooding
$5,606,663
Score: 65.3
MAJOR DRIVER
Hurricane
$1,577,798
Score: 84.4
MAJOR DRIVER
Earthquake
$324,258
Score: 51.8
Tornado
$185,497
Score: 36.9
Strong Wind
$137,110
Score: 59.3
Cold Wave
$133,575
Score: 34.6
Heat Wave
$102,978
Score: 27.3
Ice Storm
$101,567
Score: 77.8
Lightning
$65,302
Score: 50.3
Winter Weather
$23,375
Score: 60.8
Hail
$19,188
Score: 37.3
Wildfire
$722
Score: 29.0
Landslide
$447
Score: 71.7

Recommended Mitigation Strategies

Recommended investments to protect your property value and reduce insurance liability based on your local risk profile.

💧Medium Investment

Inland Flooding Mitigation

Install a smart sump pump with battery backup and extend downspouts 10ft from foundation.

Risk Score: 65.3
🌀High Investment

Hurricane Mitigation

Install permanent hurricane shutters or upgrade to impact-resistant windows.

Risk Score: 84.4
🏠Low Investment

Earthquake Mitigation

General property maintenance and insurance review recommended.

Risk Score: 51.8

Methodology and Sources

Spatial Aggregation

Our "Atlas" risk scores are derived using a population-weighted spatial join. Because US Zip Codes and Census Tracts do not share perfectly aligned boundaries, a simple geographic average would be misleading. We utilize US Census Block Group population statistics to identify where residents actually live within a Zip Code. We then intersect these points with FEMA National Risk Index (NRI) hazard data to calculate a weighted exposure score.

Financial Projections (EAL)

Expected Annual Loss (EAL) estimates the average economic impact of natural hazards in dollars per year. This calculation incorporates three components: Exposure (the value of structures and agriculture), Annualized Frequency (historical probability), and Historic Loss Ratio (vulnerability of the area).

Primary Data Sources

  • FEMA National Risk IndexHazard frequency and loss data (v1.20.0)
  • U.S. Census BureauTIGER/Line 2025 Shapefiles & Decennial Population

Nearby Locations

Zip Code 06702Zip Code 06704Zip Code 06710Zip Code 06762Zip Code 06706Zip Code 06795