GDP / Output
Unavailable YoY
NA
$33.4B
Local GDP is unavailable for this geography.
Vintage date unknown
State growth4.4%
U.S. growth5.3%
Jobs
Unemployment rate
0
9.1%
Unemployment is 9.1% for Latest available.
Vintage date unknown
State avg5.6%
U.S. avg4.3%
Population
+1.7% 5-year
60
19,033
Population moved +1.7% over the latest ACS window.
Vintage date unknown
State population3,624,508
U.S. population334,922,499
Housing
Rent share of income
71
20.6%
Median rent consumes 20.6% of median household income: Affordable.
Vintage date unknown
State rent$1.5K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
Unavailable per resident
NA
$3.2B
$3.2B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$153.6B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$3.2B
Unavailable per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.6B
2. Department of Health and Human Services$142.1M
3. Department of Veterans Affairs$127.9M
Top recipients
Dollars1. POST UNIVERSITY, INC.$94.1M
2. DEPARTMENT OF TRANSPORTATION CONNECTICUT$82.1M
3. HOUSING AUTHORITY OF THE CITY OF WATERBURY$42.2M
Affordable
Housing Affordability
20.6%
of median income
1BR estimate$1,210
2BR estimate$1,594
Median income$85,877
Median home value$287,200
ACS context
Quick Facts
Population
19,033
Median age
40.1
Bachelor's degree+
21.9%
Poverty rate
9.4%
Labor force participation
69.3%
Prime rate
6.8%
CPI YoY
+3.9%
U.S. GDP YoY
+5.9%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-16
HUD Fair Market Rent
Latest available
Data notes
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+0.3%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
202018,709
202118,945
202218,954
202318,951
202419,033
GDP (1 years)
2024$33.4B
2-year linear forecast
Predictive Outlook
Population forecast
202419,033
202519,115 *
202619,180 *
R² = 71.3% · * projected
Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.
housing affordability breakdown
Cost of Living
Median household income$85,877/yr
Median rent$1,476/mo
Rent share of income20.6%
Est. mortgage (30yr, 6.5%)$17,427/yr
Mortgage share of income20.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate9.1%
State avg5.6%
U.S. avg4.3%
Labor force participation69.3%
Poverty rate9.4%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$287,200
Median monthly rent$1,476
Price-to-rent ratio16.2x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateWeak
Composite score31/100
Economic growthN/A
Labor market0/100
Population momentum60/100
Overall stability38/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.