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
0
8.4%
Unemployment is 8.4% for Latest available.
Vintage date unknown
State avg5.6%
U.S. avg4.3%
Population
+3.0% 5-year
68
134,349
Population moved +3.0% over the latest ACS window.
Vintage date unknown
State population3,624,508
U.S. population334,922,499
Housing
Rent share of income
56
31.4%
Median rent consumes 31.4% 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
$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
Strained
Housing Affordability
31.4%
of median income
1BR estimate$1,220
2BR estimate$1,607
Median income$56,851
Median home value$287,100
ACS context
Quick Facts
Population
134,349
Median age
31.9
Bachelor's degree+
38.9%
Poverty rate
23.9%
Labor force participation
63.6%
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
+0.6%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
2020130,381
2021133,874
2022135,736
2023132,893
2024134,349
GDP (1 years)
2024$50.1B
2-year linear forecast
Predictive Outlook
Population forecast
2024134,349
2025135,533 *
2026136,229 *
R² = 30.3% · * 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$56,851/yr
Median rent$1,488/mo
Rent share of income31.4%
Est. mortgage (30yr, 6.5%)$17,421/yr
Mortgage share of income30.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate8.4%
State avg5.6%
U.S. avg4.3%
Labor force participation63.6%
Poverty rate23.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$287,100
Median monthly rent$1,488
Price-to-rent ratio16.1x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateWeak
Composite score32/100
Economic growthN/A
Labor market0/100
Population momentum68/100
Overall stability35/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.