HomeConnecticutSoutheastern Connecticut Planning RegionColchester
Colchester, Connecticut: commercial real estate data.
Colchester is a Census CDP of 4,692 people across 4.47 square miles of land, in Southeastern Connecticut Planning Region. Median household income is $86,760, 53.5 percent of occupied homes are owned, and the SBA record carries 24 7(a) approvals to borrowers here worth $9.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Colchester
What Colchester is
- Census place typeCDP
- Land area4.47 sq mi
- Water area0 sq mi
- Population per square mile of land1,050
- County holding the largest share of its areaSoutheastern Connecticut Planning Region, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colchester
How many people live in Colchester
- Population4,692
- Median age54.2
- Population under 18542 plus or minus 202
- Share under 1811.6 percent plus or minus 4.1
- Population 65 and over1,318
- Share 65 and over28.1 percent
- Households2,215
- Family households1,414
- Share of households that are families63.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colchester
Income and work in Colchester
- Median household income$86,760
- Per capita income$50,829
- Civilian labor force2,403
- Employed2,330
- Unemployed73 plus or minus 70
- Unemployment rate3.0 percent plus or minus 2.9
- Adults 25 and over3,770
- Adults 25 and over with a high school diploma or higher95.6 percent
- Adults 25 and over with a bachelor degree or higher33.0 percent
- Adults 25 and over with a graduate degree12.3 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colchester
Housing in Colchester
- Housing units2,441
- Occupied units2,215
- Vacant units226 plus or minus 148
- Vacancy rate9.3 percent plus or minus 6.0
- Owner occupied1,184
- Renter occupied1,031 plus or minus 238
- Ownership rate53.5 percent
- Median owner-occupied home value$294,600
- Median gross rent, monthly$1,475
- Annual rent as a share of median income20.4 percent
- Single family units1,396
- Share single family57.2 percent
- Units in buildings of two or more1,017 plus or minus 243
- Share in buildings of two or more41.7 percent plus or minus 8.8
- Mobile homes28 plus or minus 41
- Median year structure built1980
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colchester
How Colchester gets to work
- Workers 16 and over who commute1,950
- Commuting under 15 minutes309 plus or minus 129
- Share commuting under 15 minutes15.8 percent plus or minus 6.0
- Commuting 30 minutes or more1,298 plus or minus 281
- Share commuting 30 minutes or more66.6 percent
- Drove alone68.2 percent
- Carpooled8.7 percent plus or minus 5.8
- Public transport0.4 percent plus or minus 0.8
- Walked2.4 percent plus or minus 3.7
- Worked from home16.0 percent plus or minus 6.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colchester
SBA loans in Colchester (7(a))
- Approvals24
- Gross approval$9,900,700
- Average approval$412,529
- Median approval$77,450
- Ninetieth percentile approval$1,049,500
- Largest approval$2,993,800
- Jobs supported131
- Jobs per approval5.5
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more4.2 percent
- Share to franchises8.3 percent
- Distinct lenders11
- Distinct industries by NAICS19
Counted by borrower city: approvals to borrowers whose address is in Colchester, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Colchester
SBA loans in Colchester (504)
- Approvals12
- Gross approval$5,818,000
- Average approval$484,833
- Median approval$260,000
- Largest approval$2,128,000
- Jobs supported71
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Colchester, in any county, FY2010 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Southeastern Connecticut Planning Region, not Colchester
Southeastern Connecticut Planning Region context, not Colchester figures
- Establishments in Southeastern Connecticut Planning Region5,883
- Covered employment, Southeastern Connecticut Planning Region127,106
- Average annual pay, Southeastern Connecticut Planning Region$70,518
- Housing units permitted, Southeastern Connecticut Planning Region509
Every figure in this section is published for Southeastern Connecticut Planning Region as a whole and is not a measurement of Colchester.
All Southeastern Connecticut Planning Region figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, 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 →
Common questions
Colchester questions, answered from the record.
How many people live in Colchester, Connecticut?
4,692, in 2,215 households. Colchester CDP covers 4.47 square miles of land, which is 1,050 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Colchester in?
Southeastern Connecticut Planning Region, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Colchester?
$86,760. The median owner-occupied home is valued at $294,600. Median gross rent is $1,475 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Colchester businesses?
24 7(a) approvals totaling $9.9 m since FY2020, across 11 lenders, median approval $77,450, plus 12 504 approvals worth $5.8 m since FY2010. These count approvals to borrowers whose address is in Colchester, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Colchester borrowers get paid back?
No rate is published for Colchester. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Colchester figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Southeastern Connecticut Planning Region as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Colchester.
Is zoning published for Colchester?
No. Nothing on this page presents parcel level zoning.
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