GDP / Output
Unavailable YoY
NA
$6.5B
Local GDP is unavailable for this geography.
Vintage date unknown
State growth4.4%
U.S. growth5.3%
Jobs
Unemployment rate
19
6.8%
Unemployment is 6.8% for Latest available.
Vintage date unknown
State avg5.2%
U.S. avg4.1%
Population
-21.9% 5-year
0
961
Population moved -21.9% over the latest ACS window.
Vintage date unknown
State population3,624,508
U.S. population334,922,499
Housing
Rent share of income
45
39.5%
Median rent consumes 39.5% of median household income: Strained.
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
$892.8M
$892.8M 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
$892.8M
Unavailable per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$794.7M
2. Department of Veterans Affairs$42.3M
3. Department of Transportation$29.5M
Top recipients
Dollars1. DEPARTMENT OF TRANSPORTATION CONNECTICUT$29.3M
2. EDADVANCE$5.1M
3. TORRINGTON HOUSING AUTHORITY$3.3M
Strained
Housing Affordability
39.5%
of median income
1BR estimate$1,302
2BR estimate$1,715
Median income$48,214
Median home value$204,200
ACS context
Quick Facts
Population
961
Median age
38.6
Bachelor's degree+
32.1%
Poverty rate
20.3%
Labor force participation
69.1%
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
-4.8%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
20201,230
20211,243
20221,353
20231,297
2024961
GDP (1 years)
2024$6.5B
2-year linear forecast
Predictive Outlook
Population forecast
2024961
20251,072 *
20261,023 *
R² = 25.7% · * 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$48,214/yr
Median rent$1,588/mo
Rent share of income39.5%
Est. mortgage (30yr, 6.5%)$12,391/yr
Mortgage share of income25.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.8%
State avg5.2%
U.S. avg4.1%
Labor force participation69.1%
Poverty rate20.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$204,200
Median monthly rent$1,588
Price-to-rent ratio10.7x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score15/100
Economic growthN/A
Labor market19/100
Population momentum0/100
Overall stability24/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.