Issue link: https://nebusinessmedia.uberflip.com/i/490090
www.HartfordBusiness.com April6,2015•Hartford Business Journal 35 23-Mar ECONOMICS Land area (sq. miles) 49 Business profile (2013) Pop./sq. mile (2011) 327 Sector Units Median age (2011) 40 Construction 37 163 Households (2011) 5,923 Manufacturing 10 153 Median HH Inc. (2011) $92,522 Retail Trade 54 598 41 610 Population (2012) 25 367 2000 14,551 Other Services 37 152 2010 15,849 Total Government 19 776 2012 16,044 2020 16,923 LABOR FORCE Commuters (2011) Race/Ethnicity (2012) Commuters into town from: White 15,483 Colchester 1,089 79 Black 177 Norwich 168 72 Asian Pacific 117 Lebanon 158 70 Native American 0 Town % State % East Haddam 117 56 Other/Multi-race 267 2,958 28% 28% Hebron 97 Hispanic 526 1,006 9% 7% 4,185 39% 36% Labor Force (Residence) 9,026 HOUSING 8,430 Housing stock (2012) GOVERNMENT 596 Existing units (total) 6,341 6.6% % single unit 79.4% New permits auth. (2012) 25 Place of Work (2013) as % existing units 0.39% 356 Demolitions (2012) 0 3,573 Residential sales (2011) NA 153 Median price NA TOP 5 GRAND LIST Top 5 Employers Company Amount % of Net $10.5M 0.8% $9.8M 0.8% SS1 Colchester $8.1M 0.6% $4.5M 0.4% $4.2M 0.3% Bachelor's or more Equalized net grand list (2010) Bacon Academy School as % of state average 76% Harrington Court per capita $110,255 Caring Community $2,106 Selectman-Town Meeting $53,324,825 Genesis Health Ventures of Bloomfield White Oak Development Connecticut Light and Power Country Place of Colchester $991 $1,768,924,794 6.1% $3,229,422 43.9% Employed Unemployed 29.8% Government form as % of expenditures Unemployment Rate # of units Total Employment Manufacturing Employment Total revenue (2012) Per capita tax (2012) $15,905,000 Total indebtedness (2012) Total expenditures (2012) as % of state average $54,641,781 Health Care and Social Assistance Griswold Salem East Hampton Windham Accommodations and Food Services Employment Super Stop & Shop S&S Arts & Crafts & Factory Colchester 127 Norwich Avenue Colchester, CT 06415 (860) 537-7215 Annual debt service (2012) as % of expenditures as % of state average per capita Educational attainment (2012) Persons age 25 or older High school graduate Associate's Degree 81.6% ColChester Town Hall: 127 Norwich Avenue Colchester, CT 06415 (860) 537-7215 toWN ProFIle Source: Connecticut Economic Resource Center, www.cerc.com Recognizing the Achievements of the Hartford Region's Privately Held Companies Consider nominating a deserving client, customer or vendor — or even your own venture — to be highlighted among this year's Champions. The Business Champions Awards, produced through a partnership of the MetroHartford Alliance and Hartford Business Journal, celebrate privately held companies from throughout the Hartford Region. The Awards honor organizations that have demonstrated best practices and significant achievements. • Revenue Growth • Innovation • Workforce • Community Involvement • Best Start-Up Nominees and winners alike participate in the festivities of the annual Business Champions Awards Breakfast, which gathers more than 400 business owners and leaders each year to enjoy a champagne toast and original video segments that pay tribute to the winners. The Hartford Business Journal will also publish the Business Champions in print and online. NOMINATION DEADLINE: APRIL 10, 2015 Last Chance To Nominate! To nominate, visit: HartfordBusiness.com/event/BizChamps Presented By: event sPonsors: Presenting sPonsor: event Partners: