22 Hartford Business Journal • November 13, 2017 • www.HartfordBusiness.com
Government
Total revenue (2015) $150,822,000
Per capita tax $2,469
Total expenditures $135,279,000
Total indebtedness $90,559,000
as % of expenditures 66.9%
Annual debt service $15,190,000
Moody's Bond Rating Aa2
Actual Mill Rate 32.7
Net Grand List $4,721,863,369
Housing stock
Existing units 21,081
% single unit 44%
New permits (2015) 123
as % of existing units 1%
Demolitions 3
Residential sales NA
Median price $226,800
Top 5 grand list (2015)
Company Amount
Eversource (FKA CL&P) $128.5M
Aetna Life (including lessors) $124.4M
Kleen Energy Systems LLC $65.3M
United Technologies $48.1M
Middletown Power LLC $42.4M
Town Profile
Middletown
Town Hall address:
245 deKoven Drive
Middletown, CT 06457
(860) 638-4800
News Around Town
■ ■ In October, the Middletown Press
reported the city council overruled Mayor
Dan Drew's decision to withdraw from
the CT Conference of Municipalities. The
Democrat had done so after the municipal
lobbying group supported a Republican
state budget.
■ ■ Middletown's Middlesex Hospital
recently announced it has expanded
the footprint of a $28 million facility it built
several years ago in Westbrook.
■ ■ Almost 29 percent of Middlesex
County's households are located in the
city of Middletown, which represents only
11 percent of the county's land area.
General
Land area (sq. miles) 41 sq. mi.
Households 19,070
Median household income $63,691
Poverty Rate 11%
Crime Rate (per 100,000 residents) 2,065
Population
2000 43,167
Projected 2020 49,855
Median age 36
Largest age demographic 25-44 (27%)
Educational attainment
Persons age 25 or older % of population
High school graduate 28%
Associate's Degree 9%
Bachelor's or more 36%
Labor Force (Residence)
Employed 24,542
Unemployed 1,489
Unemployment Rate 5.7%
Place of work
# of units 1,325
Total Employment 27,590
Economics
Business profile
Sector Units
Employ-
ment
Construction 105 925
Manufacturing 60 3,854
Retail Trade 131 1,804
Health Care and Social Assistance 168 6,182
Accommodation and Food Services 113 1,713
Total Government 52 5,158
Major Employers
• Middlesex Hospital
• Whiting Forensic Institute
• Wesleyan University
• Connecticut Valley Hospital
• State Police
WINNERS FROM
OUR PAST ClassES!
Dr. Shelley Best
Jody Ferrer
Susan Herbst
Jill Hummel
Paddy LeShane
Bonnie Malley
Kristen Roberts
Doris Sugarman
Nancy Wheeler
Teresa Younger
NOMINATION DEADLINE:
February 6th, 2018
ISSUE DATE:
April 2nd, 2018
EVENT DATE:
May 10th, 2018
LOOKING TO DISCOVER
OUR NEXT CLASS
2018 NOMINATIONS
NOW OPEN
go to www.HartfordBusiness.com/ourevents, click
on Women in Business to submit your nomination.
Contact Amy Orsini at
aorsini@hartfordbusiness.com or
860-236-9998 X134 with questions.
