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Southeastern Connecticut Planning Region, CT

RANK #29 / 996  ·  POP 280,293  ·  CT

PROJECTED GROWTH: +3.9%

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

[01] Why Southeastern Connecticut Planning Region?

Mystic, with its historic seaport and scenic views, stands out as a notable town within the Southeastern Connecticut Planning Region. Located along the coast, the region is approximately an hour's drive from cities like New Haven. Commute options include regional bus services and Shore Line East train service, connecting to New Haven and beyond. The area offers a community feel with access to natural amenities. Outdoor recreation is a significant draw, featuring opportunities for hiking, biking, and water activities along its coastline and numerous open spaces. Harkness Memorial State Park in Waterford, with its historic mansion and formal gardens, provides a local landmark for residents and visitors.

Life in Southeastern Connecticut Planning Region attracts a mix of families and individuals seeking a balance of lifestyle and opportunity. The economy is diverse, with a focus on sectors such as healthcare and social assistance. Educational institutions like East Lyme High School and Marine Science Magnet High School serve the region. Recent economic developments include efforts to diversify beyond traditional industries and support small businesses through grant programs. The region is working to enhance its economic resilience and promote outdoor recreation as an economic driver.

[02] Market Snapshot

Housing Ratio
8.6x

Overvalued relative to economy

GDP Growth

No data

Home Prices

No data

Climate & Terrain
2.3

Moderate climate & terrain

Price/Rent
18x

Above national median (13x)

Housing looks overvalued at 8.6x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

Score Breakdown

Vacancy Rate 1.1% 46 percentile
Price/Rent 18x 13 percentile

The Numbers

DEMOGRAPHICS
Population
280,293
Median Household Income
$80,330
Median Home Value
$275,900
Median Rent
$1,254
Average Annual Pay
$70,518
0.0% YoY
Employment
127,106
0.0% YoY
Income-to-Home-Value
0.2912
More affordable than average
Migration Inflow
2.37%
of pop. from another state

Market Activity

REAL ESTATE
Building Permits (2024)
509
Single-Family Permits
261

[07] Frequently Asked Questions

Is Southeastern Connecticut Planning Region, CT a good place to move to?

Southeastern Connecticut Planning Region has a Boom Town Index score of 97/100, ranking #29 among 996 U.S. counties. With a median household income of $80,330, it's an above-average county on economic indicators.

Is Southeastern Connecticut Planning Region affordable?

The median home value in Southeastern Connecticut Planning Region is $275,900 with median rent at $1,254/month. The income-to-home-value ratio is 0.2912, which is more affordable than the national average.

Is Southeastern Connecticut Planning Region growing or shrinking?

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

Are people moving to Southeastern Connecticut Planning Region?

Yes — 2.37% of Southeastern Connecticut Planning Region's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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