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22 Hartford Business Journal • June 13, 2016 www.HartfordBusiness.com EAST HADDAM Town Hall: 7 Main Street, East Haddam, CT 06423 (860) 873-5020 TOWN PROFILE Source: Connecticut Economic Resource Center, www.cerc.com Know Someone Who Deserves Recognition for Being a Business Leader? Nominate them today for the chance to be recognized with this special award. Through the Lifetime Achievement Awards, we seek to identify business leaders from private or public companies whose long-term active engagement in our business community have had significant positive economic impact locally and will teach future generations by example. 2016 Nominate today! Nominations Close: July 22, 2016 To nominate or for more info, visit: HartfordBusiness.com and Click on the "Our Events" tab Special Publication Date: September 19, 2016 AWARDS RECOGNITION EVENT: November 2, 2016 EvEnt SponSor: prESEntEd By: EvEnt partnErS: #HBJLTA 13-Jun ECONOMICS Land area (sq. miles) 54 Business profile (2014) Pop./sq. mile (2010) 169 Sector Units Median age (2010-14) 43 Construction 25 61 Households (2010-14) 3,500 Manufacturing 4 43 Median HH Inc. (2010-14) $82,773 Retail Trade 13 169 12 189 Population (2010-14) 13 108 2000 8,333 Total government 13 327 2010 9,126 2014 9,142 2020 9,463 LABOR FORCE Commuters (2014) Race/Ethnicity (2010-14) Commuters into town from: White 8,573 East Haddam 566 40 Black 113 Colchester 99 27 Asian Pacific 93 East Hampton 96 22 Native American 0 Town % State % Haddam 43 Other/Multi-race 224 1,913 30% 28% Hispanic 205 744 12% 7% 2,337 36% 37% Labor Force (Residence) 4,976 HOUSING 4,688 Housing stock (2010-14) GOVERNMENT 288 Existing units (total) 4,633 5.8% % single unit 92.0% New permits auth. (2014) 9 Place of Work (2014) as % existing units 0.20% 169 Demolitions (2014) 0 1,456 Residential sales (2013) 110 43 Median price $285,000 TOP 5 GRAND LIST Top 5 Employers Company Amount % of Net $12.6M 1.04% $4.2M 0.34% Hadlyme Hills LLC $3.5M 0.29% Banner Country Club $1.9M 0.15% Healthcare Holdings $1.9M 0.15% Bachelor's or more Equalized net grand list (2014) Shagbark Lumber and Farm Supplies as % of state average 91% Chestelm Convalescent Hospital per capita $132,180 Franklin Academy $2,407 Selectman-Town Meeting $29,854,398 Fox Hopyard Golf Club Connecticut Light & Power Inc. $1,979 $1,206,408,850 7.7% $2,296,789 85.4% Employed Unemployed 60.5% Government form as % of expenditures Unemployment Rate # of units Total Employment Manufacturing Employment Total revenue (2014) Per capita tax (2014) $18,059,351 Total indebtedness (2014) Total expenditures (2014) as % of state average $30,189,033 Health care and social assistance Cromwell Middletown Chester Accomodation & Food Services Employment Goodspeed Opera House Foundation Town of East Haddam East Haddam 7 Main Street, East Haddam, CT 06423 (860) 873-5020 Annual debt service (2014) as % of expenditures as % of state average per capita Educational attainment (2010-14) Persons age 25 or older High school graduate Associate's Degree 89.2%