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
2
8.0%
Unemployment is 8.0% for Latest available.
Vintage date unknown
State avg5.6%
U.S. avg4.3%
Population
+39.3% 5-year
100
1,606
Population moved +39.3% over the latest ACS window.
Vintage date unknown
State population3,624,508
U.S. population334,922,499
Housing
Rent share of income
70
21.7%
Median rent consumes 21.7% 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
$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
21.7%
of median income
1BR estimate$1,458
2BR estimate$1,920
Median income$98,194
Median home value$442,500
ACS context
Quick Facts
Population
1,606
Median age
46.4
Bachelor's degree+
56.1%
Poverty rate
13.3%
Labor force participation
64.6%
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
+6.9%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
20201,153
20211,470
20221,445
20231,491
20241,606
GDP (1 years)
2024$33.4B
2-year linear forecast
Predictive Outlook
Population forecast
20241,606
20251,711 *
20261,804 *
R² = 75.9% · * 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$98,194/yr
Median rent$1,778/mo
Rent share of income21.7%
Est. mortgage (30yr, 6.5%)$26,850/yr
Mortgage share of income27.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate8.0%
State avg5.6%
U.S. avg4.3%
Labor force participation64.6%
Poverty rate13.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$442,500
Median monthly rent$1,778
Price-to-rent ratio20.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score46/100
Economic growthN/A
Labor market2/100
Population momentum100/100
Overall stability47/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.