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
50
4.8%
Unemployment is 4.8% for Latest available.
Vintage date unknown
State avg5.6%
U.S. avg4.3%
Population
+13.5% 5-year
100
1,373
Population moved +13.5% over the latest ACS window.
Vintage date unknown
State population3,624,508
U.S. population334,922,499
Housing
Rent share of income
74
18.6%
Median rent consumes 18.6% 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
$891.9M
$891.9M 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
$891.9M
Unavailable per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$794.7M
2. Department of Veterans Affairs$42.2M
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
Affordable
Housing Affordability
18.6%
of median income
1BR estimate$977
2BR estimate$1,287
Median income$76,853
Median home value$190,300
ACS context
Quick Facts
Population
1,373
Median age
43.8
Bachelor's degree+
45.5%
Poverty rate
5.3%
Labor force participation
60.5%
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
+2.6%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
20201,210
20211,074
20221,364
20231,691
20241,373
GDP (1 years)
2024$6.5B
2-year linear forecast
Predictive Outlook
Population forecast
20241,373
20251,625 *
20261,720 *
R² = 41.8% · * 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$76,853/yr
Median rent$1,192/mo
Rent share of income18.6%
Est. mortgage (30yr, 6.5%)$11,547/yr
Mortgage share of income15.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.8%
State avg5.6%
U.S. avg4.3%
Labor force participation60.5%
Poverty rate5.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$190,300
Median monthly rent$1,192
Price-to-rent ratio13.3x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score71/100
Economic growthN/A
Labor market50/100
Population momentum100/100
Overall stability69/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.