GDP / Output
Unavailable YoY
NA
$24.1B
Local GDP is unavailable for this geography.
Vintage date unknown
State growth4.4%
U.S. growth5.3%
Jobs
Unemployment rate
77
3.0%
Unemployment is 3.0% for Latest available.
Vintage date unknown
State avg5.6%
U.S. avg4.3%
Population
-8.8% 5-year
0
4,692
Population moved -8.8% over the latest ACS window.
Vintage date unknown
State population3,624,508
U.S. population334,922,499
Housing
Rent share of income
71
20.4%
Median rent consumes 20.4% 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
$24.1B
$24.1B 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
$24.1B
Unavailable per resident in reported federal flow.
Top agencies
Dollars1. Department of Defense$21.8B
2. Social Security Administration$1.6B
3. Department of Transportation$419.4M
Top recipients
Dollars1. ELECTRIC BOAT CORPORATION$21.4B
2. DEPARTMENT OF TRANSPORTATION CONNECTICUT$400.8M
3. WEEKS-CASHMAN JV$87.8M
Affordable
Housing Affordability
20.4%
of median income
1BR estimate$1,210
2BR estimate$1,593
Median income$86,760
Median home value$294,600
ACS context
Quick Facts
Population
4,692
Median age
54.2
Bachelor's degree+
33.0%
Poverty rate
5.7%
Labor force participation
57.4%
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
-1.8%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
20205,147
20214,993
20224,868
20234,624
20244,692
GDP (1 years)
2024$24.1B
2-year linear forecast
Predictive Outlook
Population forecast
20244,692
20254,481 *
20264,353 *
R² = 88.9% · * 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$86,760/yr
Median rent$1,475/mo
Rent share of income20.4%
Est. mortgage (30yr, 6.5%)$17,876/yr
Mortgage share of income20.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.0%
State avg5.6%
U.S. avg4.3%
Labor force participation57.4%
Poverty rate5.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$294,600
Median monthly rent$1,475
Price-to-rent ratio16.6x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score48/100
Economic growthN/A
Labor market77/100
Population momentum0/100
Overall stability58/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.