ExecutivePulse
CT

Connecticut

FIPS 09 · Population 3,624,508
6 Sources Updated June 22, 2026
3.6M
Population
334,922,499 U.S.
$95,781
Median Income
$80,734 national
$356.8B
GDP
3.3%
Unemployment
4% national

County Map

Click a county to view its economic profile

Demographics & Population

Census Bureau American Community Survey 2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
Median Household
$95,781
Per Capita
$55,915
Mean Household
$138,744
Poverty Rate
10%

Age & Race / Ethnicity

Source: Census Bureau ACS 2024 · Tables B01001, B02001, B03003
65+: 18.5% (670,557 residents) 55-64: 14.2% (514,302 residents) 35-54: 25.2% (914,833 residents) 18-34: 21.9% (793,230 residents) Under 18: 20.2% (731,586 residents) 41 Median Age
Cohorts
Under 18 · 20.2%
18-34 · 21.9%
35-54 · 25.2%
55-64 · 14.2%
65+ · 18.5%
Race & Ethnicity
White65.1%
Black or African American10.6%
Asian4.8%
Hispanic or Latino(any race)18.3%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2024 · Table B15003 · Population 25+
91.5%
High School+
National: 89.6%
▲ +1.9 pts
42.5%
Bachelor's+
National: 35.7%
▲ +6.8 pts
19.2%
Graduate+
National: 14.1%
▲ +5.1 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
3,624,508
Population
1,967,826
Labor Force
Employed
1,849,864
Unemployment Rate BLS LAUS 2024 annual
3.3%
Mean Commute
26.5 min
Work From Home vs 15.1% national
16%
Connecticut's median household income sits 19% above the national median. At 10%, its poverty rate runs 2.5 pts below the ~12.5% national level, relevant for federal funding eligibility narratives. Bachelor's-or-higher attainment of 42.5% exceeds the national average of 35.7%.
Source: U.S. Census Bureau American Community Survey 2024 5-Year Estimates (released December 2025). Figures reflect the most recent Census release, older news reports may cite prior vintages.
Key Takeaways
  • Income premium: Households earn well above the national median, supporting strong consumer markets statewide.
  • Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 6.8 pts, supports knowledge-economy positioning.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$356.8B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · SAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
IndustryEmployment% of Top SectorsAvg Wage
1Health Care and Social Assistance
300,164 24.5%
$69,125
2Retail Trade
164,335 13.4%
$46,828
3Manufacturing
152,764 12.5%
$105,035
4Accommodation and Food Services
127,030 10.4%
$32,502
5Professional, Scientific, and Technical Services
102,048 8.3%
$145,628
6Finance and Insurance
95,945 7.8%
$244,620
7Administrative and Support and Waste Management
88,835 7.2%
$71,156
8Educational Services
67,322 5.5%
$84,509
9Transportation and Warehousing
67,055 5.5%
$61,179
10Wholesale Trade
59,838 4.9%
$133,549
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Key Takeaways
  • Largest sector: Health Care and Social Assistance employs 300,164 workers (24.5% of the tracked sectors), at an average wage of $69,125.
  • Economic scale: State GDP of $356.8B (2024).
Source: BLS QCEW + BEA Regional GDP.

Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces specialization the supersector view masks.
Transportation Equipment Manufacturing
2.44x
45,957
Transit and Ground Passenger Transportation
2.30x
14,082
Lessors of Nonfinancial Intangible Assets
2.03x
483
Private Households
2.01x
4,478
Securities, Commodity Contracts, Investments
1.95x
23,428
Water Transportation
1.93x
1,438
Educational Services
1.91x
67,322
Insurance Carriers and Related Activities
1.88x
52,941
Fabricated Metal Product Manufacturing
1.70x
26,353
Internet Publishing and Broadcasting
1.65x
6,057

Attraction Opportunities - Below-Average Industries

LQ < 0.5, below-average employment, potential attraction targets. Source: BLS QCEW · 3-digit NAICS sub-sector
0.06x
Support Activities for Agriculture and Forestry
238 employed
0.20x
Petroleum and Coal Products Manufacturing
232 employed
0.21x
Air Transportation
1,304 employed
0.23x
Mining (except Oil and Gas)
470 employed
0.23x
Wood Product Manufacturing
1,015 employed
0.27x
Pipeline Transportation
166 employed
0.43x
Animal Production and Aquaculture
1,254 employed
0.47x
Support Activities for Transportation
4,171 employed
Key Takeaways
  • Top specialization: Transportation Equipment Manufacturing concentrates at 2.44x the national norm.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.
Source: BLS QCEW sub-sector Location Quotients.
Industry Employment Composition
Connecticut's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of the top private supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2024 5-Year Estimates · Tables B25001, B25077, B25064
$366,900
Median Home Value vs 2019
$1,488
Rent/Mo
66.5%
Owner-Occ
7%
Vacancy
3.8x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents (Statewide)

Renter-household-weighted average across 169 Fair Market Rent areas · Source: HUD · Fair Market Rents FY2026
Studio
$1,402/mo$1,104 to $1,731
1 Bedroom
$1,646/mo$1,304 to $2,100
2 Bedroom
$2,027/mo$1,601 to $2,511
3 Bedroom
$2,478/mo$2,062 to $3,036
4 Bedroom
$2,909/mo$2,326 to $3,598
30% of monthly median household income (~$2,395/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 3.8x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
Source: Census ACS housing tables.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2024 · Tables B01001, B23025, B08303, B08301
2,222,365
Working Age (18-64) vs 2019
Labor force participation rate: 68% of working-age population (18-64) 68% Participation
▼ vs 2019
Mean Commute
26.5 min
Work From Home
16%

Education & Talent Pipeline

Source: Census ACS 2024 · Table B15003 · College Scorecard
Bachelor's+
42.5%
HS Diploma+
91.5%
Top Institutions
Degrees, certificates, and other credentials awarded last academic year (College Scorecard).
University of Connecticut 8,710/yr
Yale University 5,297/yr
Quinnipiac University 3,108/yr
Post University 3,023/yr
Sacred Heart University 2,886/yr
Southern Connecticut State University 2,387/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
23.1%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2024 · Table C24010 · Civilian employed population 16+
Management / Professional
47.1%
Service
16.1%
Sales & Office
19.2%
Construction / Maint.
7%
Production / Transport
10.6%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 1,849,864 employed workers.
Key Takeaways
  • Succession risk is real: 23.1% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
Source: ACS workforce data.

County Profiles

9 counties in Connecticut

Capitol Planning Region FIPS 09110 Greater Bridgeport Planning Region FIPS 09120 Lower Connecticut River Valley Planning Region FIPS 09130 Naugatuck Valley Planning Region FIPS 09140 Northeastern Connecticut Planning Region FIPS 09150 Northwest Hills Planning Region FIPS 09160 South Central Connecticut Planning Region FIPS 09170 Southeastern Connecticut Planning Region FIPS 09180 Western Connecticut Planning Region FIPS 09190

AI Insights

AI-assisted analysis, drawn from 6 federal data sources

Sample AI Insight

Connecticut shows emerging potential for transportation equipment manufacturing attraction, with a 2.44x concentration and 45,957 jobs in this sub-sector. Near-term succession risk is elevated, with 23.1% of the working-age population within 10 years of retirement age.

Cluster depth across transportation equipment manufacturing, transit and ground passenger transportation, and lessors of nonfinancial intangible assets creates supply-chain attraction leverage, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025
BEA Regional GDP2024
Census CBP2024
HUD Fair Market RentsFY2026
USAspending.govFY2026

Frequently Asked Questions

Key economic and demographic figures for Connecticut, from federal data sources.

What is the population of Connecticut?

3,624,508 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Connecticut?

$95,781 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Connecticut?

3.3% (2024 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Connecticut?

$356.8B (BEA SAGDP (state GDP)).