GDP / Output
Unavailable YoY
NA
$110.9B
Local GDP is unavailable for this geography.
Vintage date unknown
State growth4.4%
U.S. growth5.3%
Jobs
Unemployment rate
0
10.7%
Unemployment is 10.7% for Latest available.
Vintage date unknown
State avg5.6%
U.S. avg4.3%
Population
-1.2% 5-year
43
121,127
Population moved -1.2% over the latest ACS window.
Vintage date unknown
State population3,624,508
U.S. population334,922,499
Housing
Rent share of income
54
32.8%
Median rent consumes 32.8% 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
$95.5B
$95.5B 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
$95.5B
Unavailable per resident in reported federal flow.
Top agencies
Dollars1. Department of Health and Human Services$80.6B
2. Department of Defense$7.5B
3. Social Security Administration$5.3B
Top recipients
Dollars1. RTX CORPORATION$7.2B
2. CONNECTICUT DEPARTMENT OF EDUCATION$372.6M
3. DEPARTMENT OF TRANSPORTATION CONNECTICUT$314.8M
Strained
Housing Affordability
32.8%
of median income
1BR estimate$1,041
2BR estimate$1,371
Median income$46,411
Median home value$228,600
ACS context
Quick Facts
Population
121,127
Median age
33.1
Bachelor's degree+
19.4%
Poverty rate
26.3%
Labor force participation
62.2%
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
-0.2%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
2020122,549
2021121,562
2022121,057
2023119,970
2024121,127
GDP (1 years)
2024$110.9B
2-year linear forecast
Predictive Outlook
Population forecast
2024121,127
2025119,922 *
2026119,479 *
R² = 56.6% · * 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$46,411/yr
Median rent$1,269/mo
Rent share of income32.8%
Est. mortgage (30yr, 6.5%)$13,871/yr
Mortgage share of income29.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate10.7%
State avg5.6%
U.S. avg4.3%
Labor force participation62.2%
Poverty rate26.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$228,600
Median monthly rent$1,269
Price-to-rent ratio15.0x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateWeak
Composite score23/100
Economic growthN/A
Labor market0/100
Population momentum43/100
Overall stability29/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.