Issue link: https://nebusinessmedia.uberflip.com/i/823092
www.HartfordBusiness.com May 15, 2017 • Hartford Business Journal 19 COLCHESTER Town Hall: 127 Norwich Avenue Colchester, CT 06415 (860) 537-7200 TOWN PROFILE Source: Connecticut Economic Resource Center, www.cerc.com Read, text, surf or relax. Take a bus, train, carpool or vanpool. Find out more at REBOOT YOUR COMMUTE! THE BIG MO' AT UCONN HARTFORD SATURDAY, MAY 20, 2017 RIVERFRONT RECAPTURE Support Riverfront Recapture and welcome UConn Hartford at The Big Mo' on Saturday, May 20! Enjoy tours of the campus, music, food from 12 Hartford restaurants, UConn Dairy Bar ice cream, and drinks from Hartford Flavor Company, Thomas Hooker Brewing Company and Olde Burnside Brewing. Proceeds from this event bring the mo'mentum home – supporting Riverfront Recapture's parks, free public events and youth programs and enhancing the quality of life for all who live, work, stay and learn in MetroHartford. Tickets and more information at riverfront.org/bigmo 8-May ECONOMICS Land area (sq. miles) 49 Business profile (2013) Pop./sq. mile (2011) 330 Sector Units Median age (2010-14) 39 Construction 36 155 Households (2010-14) 5,785 Manufacturing 9 147 Median HH Inc. (2010-14) $98,899 Retail Trade 56 619 48 662 Population (2010-14) 27 390 2000 14,551 Total Government 19 809 2010 16,068 2014 16,143 2020 16,925 LABOR FORCE Commuters (2014) Race/Ethnicity (2010-14) Commuters into town from: White 15,226 Colchester 1,058 94 Black 162 Norwich 166 90 Asian Pacific 172 Lebanon 155 Montville 81 Native American 0 Town % State % East Haddam 111 Other/Multi-race 289 3,235 29% 28% Hispanic 319 1,002 9% 7% 4,095 37% 36% Labor Force (Residence) 9,321 HOUSING 8,829 Housing stock (2010-14) GOVERNMENT 492 Existing units (total) 6,268 5.3% % single unit 75.0% New permits auth. (2015) 32 Place of Work (2013) as % existing units 0.50% 380 Demolitions (2015) 2 3,746 Residential sales (2013) 143 147 Median price $275,700 TOP 5 GRAND LIST Top 5 Employers Company Amount % of Net $10.5M 0.8% $9.8M 0.8% $8.1M 0.6% White Oak Development $4.5M 0.3% Genesis Health Ventures of Bloomfield $4.2M 0.3% Bachelor's or more Equalized net grand list (2010) Harrington Court as % of state average 73% Super Stop & Shop per capita $105,805 Bacon Academy School $2,233 Selectman-Town Meeting $56,825,708 Connecticut Light and Power Inc. Country Place of Colchester $1,005 $1,713,186,821 4.1% $2,344,691 43.4% SS1 Colchester Employed Unemployed 28.6% Government form as % of expenditures Unemployment Rate # of units Total Employment Manufacturing Employment Total revenue (2014) Per capita tax (2014) $16,278,738 Total indebtedness (2014) Total expenditures (2014) as % of state average $57,442,798 Health Care & Social Assistance East Hampton Accommodation and Food Services Salem Employment Caring Community S&S Arts & Crafts & Factory Colchester 127 Norwich Avenue Colchester, CT 06415 (860) 537-7200 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 82.7%