HomeConnecticutNaugatuck Valley Planning Region
Naugatuck Valley Planning Region, Connecticut: commercial real estate data.
Naugatuck Valley Planning Region, Connecticut has a population of 454,969 across 413 square miles, up 2.7 percent since the 2020 census base. County output reached $33.43 bn in 2024, 9,114 establishments operate here, and the SBA record carries 437 7(a) approvals worth $157.0 m.
121 sourced county values · tier FULL · 11 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Naugatuck Valley Planning Region
How many people live in Naugatuck Valley Planning Region
- Population454,969
- Households180,116
- Average household size2.53
- Median household income$86,191
- Median age41.8
- Median gross rent$1,330 per month
- Median owner-occupied home value$317,700
- Home value to household income3.7 times
- Annual rent as a share of median income18.5 percent
- Adults 25 and over with a bachelor degree or higher33.8 percent
- Adults 25 and over with a graduate degree14.5 percent
- Adults 25 and over326,360
- Population under 1892,250
- Share under 1820.3 percent
- Population 65 and over87,273
- Share 65 and over19.2 percent
- Working age population, 18 to 64275,446
- Civilian labor force243,262
- Unemployment rate6.0 percent
- Labor force participation, adults 18 and over67.1 percent
- Rank by population among Connecticut planning regions4th of 9
- Rank by population among US county-equivalents160th
Naugatuck Valley Planning Region is the 4th largest of 9 Connecticut planning regions by population. A median home costs 3.7 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 20.3 percent against 19.2 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Naugatuck Valley Planning Region
Is Naugatuck Valley Planning Region's population growing?
- Population change since the 2020 census base2.68 percent
- Census 2020 base population450,166
- Births, 20244,357
- Deaths, 20244,242
- Natural change, 2024115
- Net domestic migration, 20241,102
- Net international migration, 20243,410
- Total net migration, 20244,512
- Cumulative net domestic migration, 2021 to 20244,645
- Rank by growth among US county-equivalents955th
The county has grown 2.68 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Naugatuck Valley Planning Region
Where are people moving to Naugatuck Valley Planning Region from?
- Tax returns filed by households arriving11,907
- People arriving, from those returns20,041
- Adjusted gross income arriving$788.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$66,246
- Largest single originNaugatuck Valley Planning Region Non-migrants (183,552 households)
- Largest single destination (183,552 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Naugatuck Valley Planning Region Non-migrants | 183,552 | 349,303 | $16.00 bn |
| Capitol Planning Region | 1,844 | 2,798 | $99.7 m |
| Greater Bridgeport Planning Regio | 1,803 | 3,184 | $110.1 m |
| South Central Connecticut Plannin | 1,799 | 2,920 | $114.4 m |
| Other flows - Different State | 1,742 | 2,821 | $120.4 m |
| Western Connecticut Planning Regi | 1,208 | 2,005 | $105.3 m |
| Other flows - South | 816 | 1,340 | $50.7 m |
| Bronx County | 653 | 1,341 | $34.6 m |
The largest single source of arrivals is Naugatuck Valley Planning Region Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Naugatuck Valley Planning Region
What is the Naugatuck Valley Planning Region economy?
- County GDP, 2024$33.43 bn
- County GDP, 2023$0
- Rank by GDP among Connecticut planning regions5th
- Rank by GDP among US county-equivalents177th
- GDP per resident$73,489
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Naugatuck Valley Planning Region
Largest employers in Naugatuck Valley Planning Region
- Covered employment, annual average160,111
- Establishments reporting13,526
- Average annual pay$71,603
- Average weekly wage$1,377
- Sector 62, employment32,702
- Sector 62, average annual pay$58,696
- Sector 44-45, employment18,298
- Sector 44-45, average annual pay$42,497
- Sector 31-33, employment18,124
- Sector 31-33, average annual pay$83,556
- Sector 72, employment11,549
- Sector 72, average annual pay$27,302
- Sector 56, employment9,392
- Sector 23, employment7,734
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 32,702 | 2,542 | $58,696 |
| Sector 44-45 | 18,298 | 1,320 | $42,497 |
| Sector 31-33 | 18,124 | 734 | $83,556 |
| Sector 72 | 11,549 | 969 | $27,302 |
| Sector 56 | 9,392 | 858 | $50,678 |
| Sector 23 | 7,734 | 1,164 | $86,057 |
| Sector 54 | 7,011 | 1,483 | $115,731 |
| Sector 42 | 6,470 | 861 | $102,361 |
The largest sector is the biggest private employer group at 32,702 jobs, 20.4 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Naugatuck Valley Planning Region
How many businesses are in Naugatuck Valley Planning Region?
- Establishments, all industries9,114
- Employment at those establishments145,193
- Annual payroll$9.64 bn
- Establishments per 1,000 residents20.0
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Naugatuck Valley Planning Region
Building permits in Naugatuck Valley Planning Region
- Housing units authorised by permit, 2024317
- Declared construction value permitted$67.5 m
- Single family units authorised264
- Multifamily units authorised53
- Multifamily share of units16.7 percent
- Average declared value per unit$212,836
- Units authorised per 1,000 households1.8
Multifamily is 16.7 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Naugatuck Valley Planning Region
SBA loans in Naugatuck Valley Planning Region (7(a) and 504)
- 7(a) approvals recorded437
- 7(a) gross approval dollars$157.0 m
- Average 7(a) approval$359,308
- Median 7(a) approval$103,500
- 10th percentile approval$24,500
- 90th percentile approval$932,900
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)3,636
- Jobs per approval8.3
- Distinct 7(a) lenders active61
- Distinct industries receiving approvals168
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer8.7 percent
- Loans on real estate terms38
- Loans on working capital terms, 120 months or shorter388
- Franchise loans24
- Franchise share of approvals5.5 percent
- Leading industry by approval countLandscaping Services (18)
- Most active lenderManufacturers and Traders Trust Company (99)
- 504 approvals recorded94
- 504 gross approval dollars$74.2 m
- Average 504 approval$789,787
- Median 504 approval$494,000
- Distinct CDCs active3
- 504 jobs per approval8.6
- 504 jobs per million dollars approved10.8
- Most active CDCCommunity Investment Corporation (52)
- 7(a) share of SBA approvals82.3 percent
- Combined SBA approval dollars$231.3 m
The average approval of $359,308 sits well above the median of $103,500, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 8.7 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition. A further 1,590 Connecticut approvals are recorded against the state's former counties, which were replaced by planning regions in 2022. The two sets of boundaries do not nest, so those approvals cannot be assigned to a planning region and are excluded from every figure on this page.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Naugatuck Valley Planning Region
SBA loan default and charge-off rates in Naugatuck Valley Planning Region
Do SBA loans in Naugatuck Valley Planning Region get paid back?
- Loans with a final outcome recorded56
- Paid in full51
- Charged off5
- Charge off rate on resolved loans8.9 percent
- Status: Exempt from disclosure305
- Status: Paid in full51
- Status: Cancelled37
- Status: Charged off5
- Status: Committed, not yet disbursed39
Of the 56 loans that have reached a final outcome, 8.9 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Naugatuck Valley Planning Region
SBA lending by place in Naugatuck Valley Planning Region
- Places in the county with recorded lending28
- WATERBURY, approvals75
- Bristol, approvals56
- SHELTON, approvals52
- Cheshire, approvals29
- Southbury, approvals26
- NAUGATUCK, approvals20
| Place | Approvals | Gross approval dollars |
|---|---|---|
| WATERBURY | 75 | $30,288,800 |
| Bristol | 56 | $22,149,700 |
| SHELTON | 52 | $14,978,000 |
| Cheshire | 29 | $7,070,500 |
| Southbury | 26 | $11,058,800 |
| NAUGATUCK | 20 | $7,288,700 |
| Oxford | 18 | $14,992,800 |
| WOLCOTT | 17 | $6,547,600 |
WATERBURY accounts for 75 approvals against 56 in Bristol. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Naugatuck Valley Planning Region
How large is Naugatuck Valley Planning Region?
- Land area413 sq mi
- Rank by land area among Connecticut planning regions7th of 9
- Width, east to west24.9 mi
- Height, north to south32.4 mi
- Geographies sharing a boundary5
- Residents per square mile of land1,102
- Establishments per square mile22.07
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Naugatuck Valley Planning Region site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Naugatuck Valley Planning Region site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population454,969
- Households180,116
- Average household size2.53
- Median household income$86,191
- Median age41.8
Common questions
Naugatuck Valley Planning Region questions, answered from the record.
How many people live in Naugatuck Valley Planning Region, Connecticut?
454,969, in 180,116 households, ranking 4th of 9 Connecticut counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Naugatuck Valley Planning Region's population growing?
The population has grown 2.68 percent since the 2020 census base. In 2024 there were 4,357 births against 4,242 deaths, with net migration of 4,512. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Naugatuck Valley Planning Region?
$86,191. The median owner-occupied home is valued at $317,700, which is 3.7 times income, and median gross rent is $1,330 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Naugatuck Valley Planning Region?
9,114 establishments, employing 145,193 people with an annual payroll of $9.64 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Naugatuck Valley Planning Region?
Average annual pay is $71,603, or $1,377 a week, across 160,111 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Naugatuck Valley Planning Region?
437 7(a) approvals totalling $157.0 m since FY2020, across 61 lenders, with a median approval of $103,500, plus 94 504 approvals worth $74.2 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Naugatuck Valley Planning Region get paid back?
Of the 56 loans that have reached a final outcome, 51 were paid in full and 5 charged off, a charge off rate of 8.9 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Naugatuck Valley Planning Region?
317 housing units were authorised by permit in 2024, with a declared construction value of $67.5 m. Multifamily was 16.7 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
Where do people moving to Naugatuck Valley Planning Region come from?
The largest single origin is Naugatuck Valley Planning Region Non-migrants, with 183,552 households. Arriving households report an average income of $66,246 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Naugatuck Valley Planning Region on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Naugatuck Valley Planning Region?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.
Naugatuck Valley Planning Region
Cities and places in Naugatuck Valley.
14 Census places lie wholly or partly in Naugatuck Valley Planning Region. 14 carry enough published place level data for a page of their own and are linked. The rest are named here and not linked, because the American Community Survey and the SBA record between them do not carry enough about them to write an honest page. A place existing is itself worth knowing, so nothing in the county is left out.
| Place | Type | Population | SBA approvals | Lies in |
|---|---|---|---|---|
| Waterbury | city | 114,869 | 99 | Wholly in this county |
| Bristol | city | 61,462 | 77 | Wholly in this county |
| Shelton | city | 41,889 | 79 | Wholly in this county |
| Naugatuck | borough | 31,800 | 29 | Wholly in this county |
| Ansonia | city | 19,033 | 16 | Wholly in this county |
| Derby | city | 12,487 | 14 | Wholly in this county |
| Oakville | CDP | 9,276 | 6 | Wholly in this county |
| Cheshire Village | CDP | 6,172 | 43 | Wholly in this county |
| Terryville | CDP | 5,461 | 13 | Wholly in this county |
| Heritage Village | CDP | 4,968 | None recorded | Wholly in this county |
| Watertown | CDP | 3,897 | 23 | Wholly in this county |
| Bethlehem Village | CDP | 2,195 | 6 | Wholly in this county |
| Thomaston | CDP | 1,988 | 16 | Wholly in this county |
| Woodbury Center | CDP | 1,606 | None recorded | Wholly in this county |