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
81
2.7%
Unemployment is 2.7% for Latest available.
Vintage date unknown
State avg5.6%
U.S. avg4.3%
Population
-1.4% 5-year
42
1,981
Population moved -1.4% over the latest ACS window.
Vintage date unknown
State population3,624,508
U.S. population334,922,499
Housing
Rent share of income
82
12.9%
Median rent consumes 12.9% 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$237.8M
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
12.9%
of median income
1BR estimate$1,569
2BR estimate$2,067
Median income$178,194
Median home value$841,800
ACS context
Quick Facts
Population
1,981
Median age
60.4
Bachelor's degree+
73.3%
Poverty rate
8.1%
Labor force participation
56.7%
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
-0.3%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
20202,009
20211,669
20221,536
20231,818
20241,981
GDP (1 years)
2024$50.1B
2-year linear forecast
Predictive Outlook
Population forecast
20241,981
20251,831 *
20261,840 *
R² = 0.5% · * 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$178,194/yr
Median rent$1,914/mo
Rent share of income12.9%
Est. mortgage (30yr, 6.5%)$51,079/yr
Mortgage share of income28.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.7%
State avg5.6%
U.S. avg4.3%
Labor force participation56.7%
Poverty rate8.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$841,800
Median monthly rent$1,914
Price-to-rent ratio36.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score67/100
Economic growthN/A
Labor market81/100
Population momentum42/100
Overall stability73/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.