HomeConnecticutSoutheastern Connecticut Planning Region
Southeastern Connecticut Planning Region, Connecticut: commercial real estate data.
Southeastern Connecticut Planning Region, Connecticut has a population of 279,971 across 598 square miles, up 0.8 percent since the 2020 census base. County output reached $24.09 bn in 2024, 5,883 establishments operate here, and the SBA record carries 158 7(a) approvals worth $56.8 m.
121 sourced county values · tier FULL · 11 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Southeastern Connecticut Planning Region
How many people live in Southeastern Connecticut Planning Region
- Population279,971
- Households115,768
- Average household size2.42
- Median household income$86,586
- Median age41.1
- Median gross rent$1,365 per month
- Median owner-occupied home value$323,400
- Home value to household income3.7 times
- Annual rent as a share of median income18.9 percent
- Adults 25 and over with a bachelor degree or higher35.8 percent
- Adults 25 and over with a graduate degree16.0 percent
- Adults 25 and over198,368
- Population under 1854,124
- Share under 1819.3 percent
- Population 65 and over54,676
- Share 65 and over19.5 percent
- Working age population, 18 to 64171,171
- Civilian labor force142,942
- Unemployment rate5.0 percent
- Labor force participation, adults 18 and over63.3 percent
- Rank by population among Connecticut planning regions6th of 9
- Rank by population among US county-equivalents258th
Southeastern Connecticut Planning Region is the 6th 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 65 and over outnumber those under 18, at 19.5 percent against 19.3 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Southeastern Connecticut Planning Region
Is Southeastern Connecticut Planning Region's population growing?
- Population change since the 2020 census base0.77 percent
- Census 2020 base population280,432
- Births, 20242,559
- Deaths, 20242,870
- Natural change, 2024-311
- Net domestic migration, 2024888
- Net international migration, 20241,388
- Total net migration, 20242,276
- Cumulative net domestic migration, 2021 to 20242,103
- Rank by growth among US county-equivalents1561st
The county has grown 0.77 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Southeastern Connecticut Planning Region
Where are people moving to Southeastern Connecticut Planning Region from?
- Tax returns filed by households arriving7,171
- People arriving, from those returns11,698
- Adjusted gross income arriving$550.1 m
- Net adjusted gross income movement$0
- Average income of an arriving household$76,706
- Largest single originSoutheastern Connecticut Planning Non-migrants (114,937 households)
- Largest single destination (114,937 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Southeastern Connecticut Planning Non-migrants | 114,937 | 212,542 | $9.94 bn |
| Other flows - Different State | 2,176 | 3,639 | $161.1 m |
| Capitol Planning Region | 1,022 | 1,515 | $92.8 m |
| Other flows - South | 940 | 1,592 | $62.2 m |
| Other flows - Northeast | 576 | 936 | $47.3 m |
| Northeastern Connecticut Planning | 541 | 863 | $26.9 m |
| Lower Connecticut River Valley Pl | 507 | 776 | $45.8 m |
| Other flows - West | 405 | 679 | $35.8 m |
The largest single source of arrivals is Southeastern Connecticut Planning 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.
Southeastern Connecticut Planning Region
What is the Southeastern Connecticut Planning Region economy?
- County GDP, 2024$24.09 bn
- County GDP, 2023$0
- Rank by GDP among Connecticut planning regions6th
- Rank by GDP among US county-equivalents227th
- GDP per resident$86,034
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Southeastern Connecticut Planning Region
Largest employers in Southeastern Connecticut Planning Region
- Covered employment, annual average127,106
- Establishments reporting9,101
- Average annual pay$70,518
- Average weekly wage$1,356
- Sector 31-33, employment21,157
- Sector 31-33, average annual pay$107,050
- Sector 62, employment20,000
- Sector 62, average annual pay$63,680
- Sector 44-45, employment14,038
- Sector 44-45, average annual pay$39,756
- Sector 72, employment12,571
- Sector 72, average annual pay$30,394
- Sector 54, employment5,419
- Sector 56, employment3,695
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 21,157 | 215 | $107,050 |
| Sector 62 | 20,000 | 1,607 | $63,680 |
| Sector 44-45 | 14,038 | 1,033 | $39,756 |
| Sector 72 | 12,571 | 812 | $30,394 |
| Sector 54 | 5,419 | 1,112 | $117,623 |
| Sector 56 | 3,695 | 542 | $54,285 |
| Sector 23 | 3,537 | 655 | $83,339 |
| Sector 81 | 2,867 | 803 | $41,498 |
The largest sector is the biggest private employer group at 21,157 jobs, 16.6 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.
Southeastern Connecticut Planning Region
How many businesses are in Southeastern Connecticut Planning Region?
- Establishments, all industries5,883
- Employment at those establishments100,654
- Annual payroll$6.16 bn
- Establishments per 1,000 residents21.0
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.
Southeastern Connecticut Planning Region
Building permits in Southeastern Connecticut Planning Region
- Housing units authorised by permit, 2024509
- Declared construction value permitted$102.7 m
- Single family units authorised261
- Multifamily units authorised248
- Multifamily share of units48.7 percent
- Average declared value per unit$201,687
- Units authorised per 1,000 households4.4
Multifamily is 48.7 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Southeastern Connecticut Planning Region
SBA loans in Southeastern Connecticut Planning Region (7(a) and 504)
- 7(a) approvals recorded158
- 7(a) gross approval dollars$56.8 m
- Average 7(a) approval$359,249
- Median 7(a) approval$150,000
- 10th percentile approval$25,000
- 90th percentile approval$998,100
- Largest single approval$3,725,000
- Jobs reported supported, 7(a)1,297
- Jobs per approval8.2
- Distinct 7(a) lenders active34
- Distinct industries receiving approvals83
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer8.2 percent
- Loans on real estate terms13
- Loans on working capital terms, 120 months or shorter141
- Franchise loans17
- Franchise share of approvals10.8 percent
- Leading industry by approval countFull-Service Restaurants (9)
- Most active lenderManufacturers and Traders Trust Company (38)
- 504 approvals recorded77
- 504 gross approval dollars$66.1 m
- Average 504 approval$857,870
- Median 504 approval$315,000
- Distinct CDCs active4
- 504 jobs per approval6.6
- 504 jobs per million dollars approved7.8
- Most active CDCCommunity Investment Corporation (48)
- 7(a) share of SBA approvals67.2 percent
- Combined SBA approval dollars$122.8 m
The average approval of $359,249 sits well above the median of $150,000, 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 8.2 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.
Southeastern Connecticut Planning Region
SBA loan default and charge-off rates in Southeastern Connecticut Planning Region
Do SBA loans in Southeastern Connecticut Planning Region get paid back?
- Loans with a final outcome recorded18
- Paid in full17
- Charged off1
- Charge off rate on resolved loans5.6 percent
- Status: Exempt from disclosure113
- Status: Paid in full17
- Status: Cancelled14
- Status: Charged off1
- Status: Committed, not yet disbursed13
Of the 18 loans that have reached a final outcome, 5.6 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.
Southeastern Connecticut Planning Region
SBA lending by place in Southeastern Connecticut Planning Region
- Places in the county with recorded lending29
- Colchester, approvals19
- Norwich, approvals15
- NEW LONDON, approvals13
- GROTON, approvals12
- Pawcatuck, approvals9
- MYSTIC, approvals8
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Colchester | 19 | $6,759,700 |
| Norwich | 15 | $3,372,500 |
| NEW LONDON | 13 | $1,503,500 |
| GROTON | 12 | $2,147,100 |
| Pawcatuck | 9 | $3,230,700 |
| MYSTIC | 8 | $5,016,200 |
| WATERFORD | 8 | $2,595,900 |
| GALES FERRY | 8 | $1,016,500 |
Colchester accounts for 19 approvals against 15 in Norwich. 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.
Southeastern Connecticut Planning Region
How large is Southeastern Connecticut Planning Region?
- Land area598 sq mi
- Rank by land area among Connecticut planning regions3rd of 9
- Width, east to west34.9 mi
- Height, north to south36.3 mi
- Geographies sharing a boundary3
- Residents per square mile of land468
- Establishments per square mile9.84
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 Southeastern Connecticut 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 Southeastern Connecticut Planning Region site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population279,971
- Households115,768
- Average household size2.42
- Median household income$86,586
- Median age41.1
Common questions
Southeastern Connecticut Planning Region questions, answered from the record.
How many people live in Southeastern Connecticut Planning Region, Connecticut?
279,971, in 115,768 households, ranking 6th of 9 Connecticut counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Southeastern Connecticut Planning Region's population growing?
The population has grown 0.77 percent since the 2020 census base. In 2024 there were 2,559 births against 2,870 deaths, with net migration of 2,276. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Southeastern Connecticut Planning Region?
$86,586. The median owner-occupied home is valued at $323,400, which is 3.7 times income, and median gross rent is $1,365 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Southeastern Connecticut Planning Region?
5,883 establishments, employing 100,654 people with an annual payroll of $6.16 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 Southeastern Connecticut Planning Region?
Average annual pay is $70,518, or $1,356 a week, across 127,106 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Southeastern Connecticut Planning Region?
158 7(a) approvals totalling $56.8 m since FY2020, across 34 lenders, with a median approval of $150,000, plus 77 504 approvals worth $66.1 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Southeastern Connecticut Planning Region get paid back?
Of the 18 loans that have reached a final outcome, 17 were paid in full and 1 charged off, a charge off rate of 5.6 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Southeastern Connecticut Planning Region?
509 housing units were authorised by permit in 2024, with a declared construction value of $102.7 m. Multifamily was 48.7 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
Where do people moving to Southeastern Connecticut Planning Region come from?
The largest single origin is Southeastern Connecticut Planning Non-migrants, with 114,937 households. Arriving households report an average income of $76,706 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 Southeastern Connecticut 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 Southeastern Connecticut 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.
Southeastern Connecticut Planning Region
Cities and places in Southeastern Connecticut.
22 Census places lie wholly or partly in Southeastern Connecticut Planning Region. 22 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 |
|---|---|---|---|---|
| Norwich | city | 39,973 | 26 | Wholly in this county |
| New London | city | 27,625 | 18 | Wholly in this county |
| Willimantic | CDP | 18,096 | 4 | Wholly in this county |
| Groton | city | 9,490 | 20 | Wholly in this county |
| Conning Towers-Nautilus Park | CDP | 8,460 | None recorded | Wholly in this county |
| Pawcatuck | CDP | 5,577 | 11 | Wholly in this county |
| Colchester | CDP | 4,692 | 24 | Wholly in this county |
| Mystic | CDP | 4,483 | 18 | Wholly in this county |
| Long Hill | CDP | 4,399 | None recorded | Wholly in this county |
| Jewett City | borough | 3,429 | 7 | Wholly in this county |
| Old Mystic | CDP | 3,340 | None recorded | Wholly in this county |
| Waterford | CDP | 3,304 | 10 | Wholly in this county |
| Niantic | CDP | 3,123 | 9 | Wholly in this county |
| Oxoboxo River | CDP | 2,782 | None recorded | Wholly in this county |
| Noank | CDP | 1,859 | None recorded | Wholly in this county |
| South Windham | CDP | 1,281 | 2 | Wholly in this county |
| Baltic | CDP | 1,157 | 1 | Wholly in this county |
| Gales Ferry | CDP | 1,141 | 9 | Wholly in this county |
| Poquonock Bridge | CDP | 1,105 | None recorded | Wholly in this county |
| Stonington | borough | 934 | 5 | Wholly in this county |
| Groton Long Point | borough | 546 | None recorded | Wholly in this county |
| Mashantucket | CDP | 86 | 1 | Wholly in this county |