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New Canaan in Fairfield County, CT has 14 HOAs collecting $2,410,872 from 257 households. Average Reserve Funding is 50.71% and Average Monthly Payment is $865.
Average Reserve Funding
50.71%
Ideal is 100%. Below 30% indicates high risk of special assessments. Above 70% has low risk of special assessments.
Average Monthly Payment
$865
Part of this payment is used to cover operational expenses. The other part is saved in the Reserve Fund to cover future maintenance.
Averages
FindMyHOA
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