GDP / Output
Unavailable YoY
NA
$24.1B
Local GDP is unavailable for this geography.
Vintage date unknown
State growth4.4%
U.S. growth5.3%
Jobs
Unemployment rate
78
3.2%
Unemployment is 3.2% for Latest available.
Vintage date unknown
State avg5.6%
U.S. avg5.2%
Population
+1.2% 5-year
57
3,340
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
79
14.7%
Median rent consumes 14.7% 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
$24.1B
$24.1B 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
$24.1B
Unavailable per resident in reported federal flow.
Top agencies
Dollars1. Department of Defense$21.8B
2. Social Security Administration$1.6B
3. Department of Transportation$419.4M
Top recipients
Dollars1. ELECTRIC BOAT CORPORATION$21.4B
2. DEPARTMENT OF TRANSPORTATION CONNECTICUT$400.8M
3. WEEKS-CASHMAN JV$87.8M
Affordable
Housing Affordability
14.7%
of median income
1BR estimate$1,314
2BR estimate$1,730
Median income$130,903
Median home value$342,500
ACS context
Quick Facts
Population
3,340
Median age
46.3
Bachelor's degree+
40.2%
Poverty rate
5.3%
Labor force participation
60.6%
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
+0.2%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
20203,302
20213,475
20223,385
20233,189
20243,340
GDP (1 years)
2024$24.1B
2-year linear forecast
Predictive Outlook
Population forecast
20243,340
20253,275 *
20263,254 *
R² = 9.9% · * 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$130,903/yr
Median rent$1,602/mo
Rent share of income14.7%
Est. mortgage (30yr, 6.5%)$20,782/yr
Mortgage share of income15.9%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.2%
State avg5.6%
U.S. avg5.2%
Labor force participation60.6%
Poverty rate5.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$342,500
Median monthly rent$1,602
Price-to-rent ratio17.8x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score71/100
Economic growthN/A
Labor market78/100
Population momentum57/100
Overall stability74/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.