Niantic is located in southeast Connecticut. Niantic is part of New London County. Niantic has 1.49 square miles of land area and 2.05 square miles of water area. As of 2010-2014, the total Niantic population is 3,032, which has shrunk 1.72% since 2000. The population growth rate is much lower than the state average rate of 5.48% and is much lower than the national average rate of 11.61%. Niantic median household income is $70,982 in 2010-2014 and has grown by 29.36% since 2000. The income growth rate is about the same as the state average rate of 29.60% and is higher than the national average rate of 27.36%. Niantic median house value is $285,200 in 2010-2014 and has grown by 92.44% since 2000. The house value growth rate is higher than the state average rate of 64.47% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Niantic is much better than the state average in quality. The Niantic area code is 860.