GDP / Output
Unavailable YoY
NA
$5.4B
Local GDP is unavailable for this geography.
Vintage date unknown
State growth4.4%
U.S. growth5.3%
Jobs
Unemployment rate
45
5.4%
Unemployment is 5.4% for April 2026.
Vintage date unknown
State avg5.6%
U.S. avg5.2%
Population
+13.0% 5-year
100
2,377
Population moved +13.0% over the latest ACS window.
Vintage date unknown
State population3,624,508
U.S. population334,922,499
Housing
Rent share of income
76
17.3%
Median rent consumes 17.3% 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
$709.1M
$709.1M 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
$709.1M
Unavailable per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$587.7M
2. Department of Veterans Affairs$66.1M
3. Department of Transportation$26.8M
Top recipients
Dollars1. DEPARTMENT OF TRANSPORTATION CONNECTICUT$26.8M
2. EASTCONN REGIONAL EDUCATIONAL SERVICE CENTER, INCORPORATED$6.2M
3. B S T SYSTEMS, INC.$3.1M
Affordable
Housing Affordability
17.3%
of median income
1BR estimate$870
2BR estimate$1,146
Median income$73,698
Median home value$295,400
ACS context
Quick Facts
Population
2,377
Median age
46.2
Bachelor's degree+
11.8%
Poverty rate
3.0%
Labor force participation
59.1%
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
April 2026
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
+2.5%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
20202,103
20212,093
20222,051
20232,008
20242,377
GDP (1 years)
2024$5.4B
2-year linear forecast
Predictive Outlook
Population forecast
20242,377
20252,265 *
20262,312 *
R² = 25.5% · * 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$73,698/yr
Median rent$1,061/mo
Rent share of income17.3%
Est. mortgage (30yr, 6.5%)$17,924/yr
Mortgage share of income24.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.4%
State avg5.6%
U.S. avg5.2%
Labor force participation59.1%
Poverty rate3.0%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$295,400
Median monthly rent$1,061
Price-to-rent ratio23.2x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score69/100
Economic growthN/A
Labor market45/100
Population momentum100/100
Overall stability68/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.