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Capitol Planning Region, CT

RANK #58 / 996  ·  POP 977,165  ·  CT

PROJECTED GROWTH: +3.3%

Capitol Planning Region ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Capitol Planning Region?

The Capitol Planning Region, centered around Hartford, Connecticut, is defined by its blend of urban centers and surrounding suburban and rural towns. West Hartford stands out as a notable town within the region, recognized for its quality of life and highly-rated public schools. The region offers various outdoor recreation opportunities, including hiking trails at locations like Talcott Mountain State Park, home to Heublein Tower, and Ragged Mountain Memorial Preserve, which features views over the Wassel Reservoir. Commute options include the Metro-North Railroad, connecting to New York City, and a network of highways and bus services within the state.

Life in the Capitol Planning Region often appeals to families and professionals seeking a balance between suburban living and access to urban amenities. The public schools throughout the region are generally well-regarded. The economy of Connecticut, including this region, has shown recent growth, with sectors like finance, insurance, and manufacturing contributing to the expansion. The state has also seen investments in infrastructure and efforts to encourage businesses to expand within Connecticut.

[02] Market Snapshot

Housing Ratio
6.4x

Above national median (4.7x)

GDP Growth

No data

Home Prices

No data

Climate & Terrain
1.2

Moderate climate & terrain

Price/Rent
18x

Above national median (13x)

Housing is fairly valued at 6.4x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

Score Breakdown

Vacancy Rate 1.1% 47 percentile
Price/Rent 18x 14 percentile

The Numbers

DEMOGRAPHICS
Population
977,165
Median Household Income
$88,190
Median Home Value
$283,800
Median Rent
$1,297
Average Annual Pay
$82,874
0.0% YoY
Employment
522,687
0.0% YoY
Income-to-Home-Value
0.3107
More affordable than average
Migration Inflow
1.4%
of pop. from another state

Market Activity

REAL ESTATE
Building Permits (2024)
1,618
Single-Family Permits
468

[05] Capital Investment

$5,387M
TOTAL
PROJECT AMOUNT STATUS
Statewide Transportation Infrastructure Improvements (Portion for Capitol Region)
CTDOT
$3,100M Planned
State and Municipal Infrastructure Projects (Portion for Capitol Region)
State of Connecticut
$1,400M Planned
Amazon Fulfillment Center
Amazon.com Services
$500M Under Construction
Hartford Line Rail Expansion
CTDOT
$287M Under Construction
Adriaen's Landing Development
Capital Region Development Authority
$100M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Frequently Asked Questions

Is Capitol Planning Region, CT a good place to move to?

Capitol Planning Region has a Boom Town Index score of 94/100, ranking #58 among 996 U.S. counties. With a median household income of $88,190, it's an above-average county on economic indicators.

Is Capitol Planning Region affordable?

The median home value in Capitol Planning Region is $283,800 with median rent at $1,297/month. The income-to-home-value ratio is 0.3107, which is more affordable than the national average.

Is Capitol Planning Region growing or shrinking?

Population growth: — year-over-year. Job growth: 0.0%.

[08] Similar Metros

Winnebago County, IL 100 Madison County, NY 100 Oswego County, NY 100 Valencia County, NM 100 Taylor County, TX 100 Allen County, OH 100 Newton County, MO 99 Dodge County, WI 99