HomeConnecticutSoutheastern Connecticut Planning Region
Southeastern Connecticut Planning Region, Connecticut: commercial real estate data.
Southeastern Connecticut Planning Region, Connecticut had an estimated 282,602 residents on July 1, 2024, up 0.8 percent since the 2020 census base of 280,432, across 598 square miles. 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 since FY2020.
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
- Population, American Community Survey 2020-2024279,971
- 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-equivalents, Puerto Rico included258th of 3,222
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 moderately unaffordable 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 story 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, July 1, 2024282,602
- Census 2020 base population280,432
- Population change since the 2020 census base0.77 percent
- Population change, 2023 to 20241,980
- 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 of 3,144
The county has grown 0.77 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration 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
- Tax returns filed by households leaving7,359
- Net household movement-188
- Adjusted gross income arriving$550.1 m
- Net adjusted gross income movement$12.6 m
- Average income of an arriving household$76,706
- Average income of a leaving household$73,031
- Largest single originCapitol Planning Region (1,022 households)
- Largest single destinationCapitol Planning Region (949 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Capitol Planning Region | 1,022 | 1,515 | $92.8 m |
| Northeastern Connecticut Planning | 541 | 863 | $26.9 m |
| Lower Connecticut River Valley Pl | 507 | 776 | $45.8 m |
| Washington County | 373 | 611 | $28.1 m |
| South Central Connecticut Plannin | 240 | 367 | $16.3 m |
| Providence County | 175 | 294 | $10.1 m |
| Naugatuck Valley Planning Region | 159 | 261 | $10.0 m |
| Kent County | 106 | 188 | $7.2 m |
Households arriving report $3,675 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Capitol Planning Region, 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 the Connecticut areas BEA publishes6th of 17
- Rank by GDP among the US county areas BEA publishes227th of 3,127
- GDP per resident$86,034
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Southeastern Connecticut Planning Region
Employment by industry in Southeastern Connecticut Planning Region
- Covered employment, annual average127,106
- Establishments reporting9,101
- Average annual pay$70,518
- Average weekly wage$1,356
- Manufacturing, employment21,157
- Manufacturing, average annual pay$107,050
- Health care and social assistance, employment20,000
- Health care and social assistance, average annual pay$63,680
- Retail trade, employment14,038
- Retail trade, average annual pay$39,756
- Accommodation and food services, employment12,571
- Accommodation and food services, average annual pay$30,394
- Professional, scientific and technical services, employment5,419
- Administrative and support and waste management services, employment3,695
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 21,157 | 215 | $107,050 |
| Health care and social assistance | 20,000 | 1,607 | $63,680 |
| Retail trade | 14,038 | 1,033 | $39,756 |
| Accommodation and food services | 12,571 | 812 | $30,394 |
| Professional, scientific and technical services | 5,419 | 1,112 | $117,623 |
| Administrative and support and waste management services | 3,695 | 542 | $54,285 |
| Construction | 3,537 | 655 | $83,339 |
| Other services, except public administration | 2,867 | 803 | $41,498 |
Manufacturing is the largest private sector at 21,157 jobs, 16.6 percent of covered employment.
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. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Southeastern Connecticut Planning Region
Building permits in Southeastern Connecticut Planning Region
- Housing units authorized by permit, 2024509
- Declared construction value permitted$102.7 m
- Single family units authorized261
- Multifamily units authorized248
- Multifamily share of units48.7 percent
- Average declared value per unit$201,687
- Units authorized per 1,000 households4.4
Multifamily is 48.7 percent of units authorized, 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$789,430
- 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
- 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)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$122.8 m
The average approval of $359,249 sits well above the median of $150,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here 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
- Status: Exempt from disclosure113
- Status: Paid in full17
- Status: Cancelled14
- Status: Charged off1
- Status: Committed, not yet disbursed13
Only 18 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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
- Borrower cities with recorded lending29
- Colchester, approvals19
- Norwich, approvals15
- New London, approvals13
- Groton, approvals12
- Pawcatuck, approvals9
- Mystic, approvals8
| Borrower city | 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 |
| 21 other borrower cities | 66 | $31,119,200 |
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.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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.
- Population, American Community Survey 2020-2024279,971
- 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?
The Census Bureau estimates 282,602 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 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 of 280,432, to 282,602 on July 1, 2024. 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 employment by industry in Southeastern Connecticut Planning Region?
Manufacturing is the largest private sector at 21,157 jobs, 16.6 percent of covered employment. Covered employment averages 127,106 jobs at an average annual pay of $70,518, or $1,356 a week. 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 totaling $56.8 m since FY2020, across 34 lenders, with a median approval of $150,000, plus 77 504 approvals worth $66.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Southeastern Connecticut Planning Region?
509 housing units were authorized 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 Capitol Planning Region, with 1,022 households. Arriving households report an average income of $76,706 against $73,031 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?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Southeastern Connecticut Planning Region
Cities and places in Southeastern Connecticut.
22 Census places lie wholly or partly in Southeastern Connecticut Planning Region. All 22 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Norwich | city | 39,973 | 15 | Wholly in this county |
| New London | city | 27,625 | 13 | Wholly in this county |
| Willimantic | CDP | 18,096 | 2 | Wholly in this county |
| Groton | city | 9,490 | 12 | Wholly in this county |
| Conning Towers-Nautilus Park | CDP | 8,460 | None recorded | Wholly in this county |
| Pawcatuck | CDP | 5,577 | 9 | Wholly in this county |
| Colchester | CDP | 4,692 | 19 | Wholly in this county |
| Mystic | CDP | 4,483 | 8 | Wholly in this county |
| Long Hill | CDP | 4,399 | None recorded | Wholly in this county |
| Jewett City | borough | 3,429 | 5 | Wholly in this county |
| Old Mystic | CDP | 3,340 | None recorded | Wholly in this county |
| Waterford | CDP | 3,304 | 8 | Wholly in this county |
| Niantic | CDP | 3,123 | 6 | 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 | 1 | Wholly in this county |
| Baltic | CDP | 1,157 | 1 | Wholly in this county |
| Gales Ferry | CDP | 1,141 | 8 | Wholly in this county |
| Poquonock Bridge | CDP | 1,105 | None recorded | Wholly in this county |
| Stonington | borough | 934 | 4 | Wholly in this county |
| Groton Long Point | borough | 546 | None recorded | Wholly in this county |
| Mashantucket | CDP | 86 | None recorded | Wholly in this county |
A further 47 of the county's 158 SBA 7(a) approvals are to borrowers in cities that match no Census place in Southeastern Connecticut Planning Region, the largest being Oakdale (7), East Lyme (6), North Stonington (6). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
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