GDP / Output
Unavailable YoY
NA
$50.1B
Local GDP is unavailable for this geography.
Vintage date unknown
State growth4.4%
U.S. growth5.3%
Jobs
Unemployment rate
55
4.4%
Unemployment is 4.4% for Latest available.
Vintage date unknown
State avg5.2%
U.S. avg4.1%
Population
+7.9% 5-year
97
6,305
Population moved +7.9% over the latest ACS window.
Vintage date unknown
State population3,624,508
U.S. population334,922,499
Housing
Rent share of income
67
23.6%
Median rent consumes 23.6% 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
$4.6B
$4.6B 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
$4.6B
Unavailable per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$3.1B
2. Department of Health and Human Services$517.2M
3. Department of Veterans Affairs$238.3M
Top recipients
Dollars1. YALE UNIV$544.3M
2. DEPARTMENT OF TRANSPORTATION CONNECTICUT$157.5M
3. HOUSING AUTHORITY OF THE CITY OF NEW HAVEN$139.8M
Affordable
Housing Affordability
23.6%
of median income
1BR estimate$1,196
2BR estimate$1,576
Median income$74,150
Median home value$330,600
ACS context
Quick Facts
Population
6,305
Median age
47.8
Bachelor's degree+
44.4%
Poverty rate
12.7%
Labor force participation
68.7%
Prime rate
6.8%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-15
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
+1.5%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
20205,845
20215,934
20226,201
20236,130
20246,305
GDP (1 years)
2024$50.1B
2-year linear forecast
Predictive Outlook
Population forecast
20246,305
20256,418 *
20266,529 *
R² = 86.3% · * 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$74,150/yr
Median rent$1,459/mo
Rent share of income23.6%
Est. mortgage (30yr, 6.5%)$20,060/yr
Mortgage share of income27.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.4%
State avg5.2%
U.S. avg4.1%
Labor force participation68.7%
Poverty rate12.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$330,600
Median monthly rent$1,459
Price-to-rent ratio18.9x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score72/100
Economic growthN/A
Labor market55/100
Population momentum97/100
Overall stability68/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.