Issue link: https://nebusinessmedia.uberflip.com/i/740940
34 Hartford Business Journal • October 24, 2016 www.HartfordBusiness.com 3-Oct ECONOMICS Land area (sq. miles) 17 Business profile (2014) Pop./sq. mile (2010) 7,204 Sector Units Median age (2010-14) 30 Construction 169 1,405 Households (2010-14) 45,801 Manufacturing 71 1,199 Median HH Inc. (2010-14) $29,313 Retail Trade 403 3,624 245 21,176 Population (2010-14) Health Care & Social Assistance 407 25,032 2000 121,578 Total government 170 20,731 2010 124,775 2014 125,211 2020 126,656 LABOR FORCE Commuters (2014) Race/Ethnicity (2010-14) Commuters into town from: White 19,941 Hartford 15,209 3,641 Black 47,956 West Hartford 7,651 3,553 Asian Pacific 3,187 East Hartford 5,157 3,490 Native American 49 Town % State % Manchester 5,062 Other/Multi-race 29,116 22,632 31% 28% Hispanic 54,603 4,357 6% 7% 11,057 15% 37% Labor Force (Residence) 54,544 HOUSING 47,895 Housing stock (2010-14) GOVERNMENT 6,649 Existing units (total) 53,644 12.2% % single unit 15.0% New permits auth. (2015) 6 Place of Work (2014) as % existing units 0.00% 3,640 Demolitions (2015) 88 112,095 Residential sales (2013) 240 1,199 Median price $163,600 TOP 5 GRAND LIST Top 5 Employers Company Amount % of Net $139.4M 4.00% $130.7M 3.70% $118.7M 3.30% Aetna Life Insurnace Co $105.4M 3.00% HUB Properties Trust $48.9M 1.30% Bachelor's or more Equalized net grand list (2014) Travelers Indemnity Co as % of state average 38% Hartford Financial Svcs Group per capita $55,237 Aetna Inc $1,996 Mayor-Council $554,418,000 Travelers Indemnity Co. Connecticut Light & Power $4,233 $6,888,293,807 9.8% $54,318,000 182.7% Hartford Fire Insurance and Twin City Ins. Employed Unemployed 95.2% Government form as % of expenditures Unemployment Rate # of units Total Employment Manufacturing Employment Total revenue (2014) Per capita tax (2014) $527,911,000 Total indebtedness (2014) Total expenditures (2014) as % of state average $557,359,000 Finance and Insurance Glastonbury New Britain Windsor Employment The Hartford Eversource Hartford 550 Main Street, Hartford, CT 06103 (860) 757-9311 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 74.0% HARTFORD Town Hall: 550 Main Street, Hartford, CT 06103 (860) 757-9311 TOWN PROFILE Source: Connecticut Economic Resource Center, www.cerc.com Subscribe online: www.HartfordBusiness.com/subscribe Delivering Business. When you need information to grow your business, we deliver! Subscribe today to receive weekly issues in print and digital, plus special publications and full online access!