GDP / Output
Unavailable YoY
NA
$33.4B
Local GDP is unavailable for this geography.
Vintage date unknown
State growth4.4%
U.S. growth5.3%
Jobs
Unemployment rate
48
4.9%
Unemployment is 4.9% for Latest available.
Vintage date unknown
State avg5.6%
U.S. avg4.3%
Population
+1.8% 5-year
61
41,889
Population moved +1.8% over the latest ACS window.
Vintage date unknown
State population3,624,508
U.S. population334,922,499
Housing
Rent share of income
73
19.3%
Median rent consumes 19.3% 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
$3.2B
$3.2B 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
$3.2B
Unavailable per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$2.6B
2. Department of Health and Human Services$142.1M
3. Department of Veterans Affairs$127.9M
Top recipients
Dollars1. POST UNIVERSITY, INC.$94.1M
2. DEPARTMENT OF TRANSPORTATION CONNECTICUT$82.1M
3. HOUSING AUTHORITY OF THE CITY OF WATERBURY$42.2M
Affordable
Housing Affordability
19.3%
of median income
1BR estimate$1,428
2BR estimate$1,880
Median income$108,185
Median home value$452,600
ACS context
Quick Facts
Population
41,889
Median age
44.5
Bachelor's degree+
41.7%
Poverty rate
6.6%
Labor force participation
65.3%
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
+0.4%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
202041,162
202140,944
202241,206
202341,402
202441,889
GDP (1 years)
2024$33.4B
2-year linear forecast
Predictive Outlook
Population forecast
202441,889
202541,894 *
202642,085 *
R² = 71.7% · * 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$108,185/yr
Median rent$1,741/mo
Rent share of income19.3%
Est. mortgage (30yr, 6.5%)$27,463/yr
Mortgage share of income25.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.9%
State avg5.6%
U.S. avg4.3%
Labor force participation65.3%
Poverty rate6.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$452,600
Median monthly rent$1,741
Price-to-rent ratio21.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score56/100
Economic growthN/A
Labor market48/100
Population momentum61/100
Overall stability60/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.