Issue link: https://nebusinessmedia.uberflip.com/i/877466
18 Hartford Business Journal • September 25, 2017 • www.HartfordBusiness.com Government Total revenue (2015) $187,073,000 Per capita tax $2,351 Total expenditures $183,419,000 Total indebtedness $84,875,000 as % of expenditures 46.30% Annual debt service $10,188,000 Moody's Bond Rating Aa1 Actual Mill Rate 25.41 Net Grand List $3,892,063,212 Housing stock Existing units 25,456 % single unit 46% New permits (2015) 118 as % of existing units 1% Demolitions 7 Residential sales 511 Median price $187,800 Top 5 grand list Company Amount Shoppes at Buckland Hills LLC $118.3M Eversource/CT Light & Power $107.6M Northland Pavilions LLC $65.1M JC Penny Properties $58.4M Manchester Developers LLC, Buckland Developers LLC $43.2M Town Profile Manchester Town Hall address: 41 Center St. Manchester, CT 06045, (860) 647-3123 News Around Town ■ ■ The town of Manchester recently rebranded its shared office space on Main Street. The newly renamed Work [Space] at 901-903 Main St. provides private rooms, a 3D printer, and workstations for businesses. ■ ■ The Manchester Zoning Board of Appeals recently permitted goat yoga in town. A local farm that offers the service convinced the ZBA that the yoga classes, which use goats, were a farming activity. ■ ■ With an average median age of 36, Manchester's population trends younger than the rest of the state, which has an average median age of 40. General Land area (sq. miles) 27 sq. mi. Households 24,141 Median household income $63,158 Poverty Rate 11.80% Crime Rate (per 100,000 residents) 2,931 Population 2000 54,740 Projected 2020 63,457 Median age 36 Largest age demographic 45-54 (12.7%) Educational attainment Persons age 25 or older % of population High school graduate 25.62% Associate's Degree 9.55% Bachelor's or more 38.4% Labor Force (Residence) Employed 30,841 Unemployed 1,813 Unemployment Rate 5.60% Place of work # of units 1,712 Total Employment 27,842 Economics Business profile Sector Units Employ- ment Construction 110 921 Manufacturing 74 2,467 Retail Trade 333 6,438 Health Care and Social Assist. 196 5,096 Accommodations & Food Service 164 3,310 Total Government 35 3,429 Major Employers • Allied Printing • Manchester Community College • Manchester Memorial Hospital HARTFORD BUSINESS JOURNAL CONNECTICUT CONNECTIONS Middlesex County's Premier Business Showcase! OCTOBER 11 TH , 2017 Radisson Hotel Cromwell 11 am - 7pm middlesexchamber.com media sponsor: #ctconnect17