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
0
9.3%
Unemployment is 9.3% for Latest available.
Vintage date unknown
State avg5.6%
U.S. avg4.3%
Population
+6.5% 5-year
89
114,869
Population moved +6.5% over the latest ACS window.
Vintage date unknown
State population3,624,508
U.S. population334,922,499
Housing
Rent share of income
60
28.3%
Median rent consumes 28.3% 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
28.3%
of median income
1BR estimate$1,004
2BR estimate$1,323
Median income$51,886
Median home value$208,500
ACS context
Quick Facts
Population
114,869
Median age
37.8
Bachelor's degree+
17.3%
Poverty rate
24.7%
Labor force participation
59.7%
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
+1.3%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
2020107,841
2021113,783
2022114,480
2023114,356
2024114,869
GDP (1 years)
2024$33.4B
2-year linear forecast
Predictive Outlook
Population forecast
2024114,869
2025117,455 *
2026118,917 *
R² = 61.6% · * 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$51,886/yr
Median rent$1,225/mo
Rent share of income28.3%
Est. mortgage (30yr, 6.5%)$12,651/yr
Mortgage share of income24.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate9.3%
State avg5.6%
U.S. avg4.3%
Labor force participation59.7%
Poverty rate24.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$208,500
Median monthly rent$1,225
Price-to-rent ratio14.2x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score40/100
Economic growthN/A
Labor market0/100
Population momentum89/100
Overall stability41/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.