Issue link: https://nebusinessmedia.uberflip.com/i/696819
26 Hartford Business Journal • June 27, 2016 www.HartfordBusiness.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 27-Jun ECONOMICS Land area (sq. miles) 26 Business profile (2014) Pop./sq. mile (2010) 773 Sector Units Median age (2010-14) 46 Construction 74 688 Households (2010-14) 7,822 Manufacturing 89 2,082 Median HH Inc. (2010-14) $87,518 Wholesale Trade 67 652 74 1,412 Population (2010-14) 55 743 2000 18,215 Total government 21 863 2010 19,866 2014 20,352 2020 21,017 LABOR FORCE Commuters (2014) Race/Ethnicity (2010-14) Commuters into town from: White 18,796 New Britain 1,345 503 Black 197 Berlin 1,305 501 Asian Pacific 649 Meriden 523 488 Native American 0 Town % State % Newington 504 Other/Multi-race 243 4,037 27% 28% Hispanic 569 1,477 10% 7% 5,594 38% 37% Labor Force (Residence) 11,564 HOUSING 10,957 Housing stock (2010-14) GOVERNMENT 607 Existing units (total) 7,961 5.2% % single unit 76.0% New permits auth. (2014) 10 Place of Work (2014) as % existing units 0.10% 726 Demolitions (2014) 4 11,535 Residential sales (2013) 210 2,082 Median price $286,800 TOP 5 GRAND LIST Top 5 Employers Company Amount % of Net Rocky River Realty Corp $165.8M 7.60% Corbin Russwin Inc. $25.5M 1.10% Cedar Brickyard LLC $23.7M 1.10% $9.1M 0.42% Atohass North America Inc. $8.5M 0.39% Stonebridge Berlin Assoc. & Stonebridge Berlin 11 Assoc. Employment Hartford Direct A&P Food Store Berlin 240 Kensington Road, Berlin, CT 06037 (860) 828-7000 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 111.5% Retail Trade Southington Middletown Bristol Health Care & Social Assistance Employed Unemployed 63.2% Government form as % of expenditures Unemployment Rate # of units Total Employment Manufacturing Employment Total revenue (2014) Per capita tax (2014) $49,918,168 Total indebtedness (2014) Total expenditures (2014) as % of state average $79,841,221 $2,422 $3,080,343,787 5.5% $4,316,876 104.5% Bachelor's or more Equalized net grand list (2014) Northeast Utilities as % of state average 103% Corbin Russwin Inc per capita $149,459 Residential Management Svc Inc $3,008 Council-Manager $78,995,047 BERLIN Town Hall: 240 Kensington Road, Berlin, CT 06037 (860) 828-7000 TOWN PROFILE Source: Connecticut Economic Resource Center, www.cerc.com