www.HartfordBusiness.com • September 10, 2018 • Hartford Business Journal 19
Government
Total revenue (2016) $163,550,000
Per capita tax $2,643
Total expenditures $161,304,000
Total indebtedness $34,310,000
as % of expenditures 21.3%
Annual debt service $4,375,000
Moody's bond rating Aaa
Actual mill rate 27.47
Net Grand List $4,268,211,000
Housing stock
Existing units 19,544
% single unit 62%
New permits (2017) 24
as % of existing units 0.1%
Residential sales 396
Median price $264,800
Median rent $1,093
Top 5 grand list
Company Amount
Britol-Myers Suibb Co. $43,936,140
Connecticut Light and Power $28,943,480
Cellco Partnership $27,166,060
Yankee Gas Services Co. $24,495,650
Leigus Tei Equities I LLC
$24,264,100
Town Profile
WALLINGFORD
Town Hall address:
45 South Main St.,
Wallingford, CT 06492
(203) 294-2070
News Around Town
■ ■ In August, Edible Arrangements
announced it was relocating its corporate
headquarters and a computer consulting
firm it owns from Wallingford to Atlanta,
costing the town 145 jobs.
■ ■ Wallingford-based Gaylord Specialty
Healthcare is going through a leadership
change. CEO George Kyriacou is retiring
in December and will be replaced by Chief
Operating Officer Sonja LaBarbera.
■ ■ ONE SOURCE Cos., a Wallingford-
based property management firm, was
recently named to Inc. Magazine's annual
list of the nation's 5,000 fastest-growing
private companies.
General
Land area (sq. miles) 39
Households 17,895
Median household income 75,942
Poverty rate 4%
Crime rate (per 100,000 residents) 1,503
Population
2000 43,026
Projected 2020 44,964
Median age 46
Largest age demographic 45-64 (32%)
Educational attainment (2016)
Persons age 25 or older % of population
High school graduate 31%
Associate's degree 10%
Bachelor's or more 36%
Labor Force (Residence)
Employed 24,996
Unemployed 1,136
Unemployment rate 4.3%
Places of work
Total employers 1,600
Total employed 28,164
Economics
Business profile
Sector Units
Employ-
ment
Construction 150 970
Manufacturing 109 3,206
Retail trade 150 2,712
Administrative and waste
services
108 1,994
Health care and social assistance 138 4,500
Total government 26 2,053
Major Employers
• Town of Wallingford
• Masonicare Health Center
• Community Health Network of CT Inc.
• Anthem BC/BS
• Gaylord Hospital
Source: Connecticut Economic Resource Center
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