HomeConnecticutSoutheastern Connecticut Planning RegionGales Ferry CDP
Gales Ferry CDP, Connecticut: commercial real estate data.
Gales Ferry CDP is a Census CDP of 1,141 people across 0.96 square miles of land, in Southeastern Connecticut Planning Region. Median household income is $80,735, 79.0 percent of occupied homes are owned, and the SBA record carries 9 7(a) approvals to borrowers here worth $1.1 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Gales Ferry
What Gales Ferry is
- Census place typeCDP
- Land area0.96 sq mi
- Water area0.35 sq mi
- Population per square mile of land1,183 plus or minus 511
- 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.
Gales Ferry
How many people live in Gales Ferry
- Population1,141 plus or minus 493
- Median age40.7 plus or minus 14.2
- Population under 18366 plus or minus 242
- Share under 1832.1 percent plus or minus 16.1
- Population 65 and over179 plus or minus 85
- Share 65 and over15.7 percent
- Households438 plus or minus 153
- Family households308 plus or minus 139
- Share of households that are families70.3 percent plus or minus 20.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gales Ferry
Income and work in Gales Ferry
- Median household income$80,735 plus or minus $64,467
- Per capita income$35,820 plus or minus $18,323
- Civilian labor force579 plus or minus 205
- Employed544 plus or minus 206
- Unemployed35 plus or minus 37
- Unemployment rate6.0 percent plus or minus 6.0
- Adults 25 and over759 plus or minus 226
- Adults 25 and over with a high school diploma or higher98.7 percent
- Adults 25 and over with a bachelor degree or higher43.0 percent plus or minus 17.7
- Adults 25 and over with a graduate degree20.6 percent plus or minus 11.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gales Ferry
Housing in Gales Ferry
- Housing units497 plus or minus 186
- Occupied units438 plus or minus 153
- Vacant units59 plus or minus 97
- Vacancy rate11.9 percent plus or minus 19.0
- Owner occupied346 plus or minus 111
- Renter occupied92 plus or minus 122
- Ownership rate79.0 percent plus or minus 37.5
- Median owner-occupied home value$335,100 plus or minus $67,611
- Median gross rent, monthly$2,201
- Annual rent as a share of median income32.7 percent plus or minus 26.4
- Single family units492 plus or minus 187
- Share single family99.0 percent
- Units in buildings of two or more5 plus or minus 16
- Share in buildings of two or more1.0 percent plus or minus 3.2
- Mobile homes0
- Median year structure built1969
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gales Ferry
How Gales Ferry gets to work
- Workers 16 and over who commute451 plus or minus 183
- Commuting under 15 minutes161 plus or minus 144
- Share commuting under 15 minutes35.7 percent plus or minus 28.5
- Commuting 30 minutes or more70 plus or minus 61
- Share commuting 30 minutes or more15.5 percent plus or minus 11.9
- Drove alone80.7 percent
- Carpooled2.2 percent plus or minus 3.4
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home17.1 percent plus or minus 21.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gales Ferry
SBA loans in Gales Ferry (7(a))
- Approvals9
- Gross approval$1,116,500
- Average approval$124,056
- Median approval$100,000
- Ninetieth percentile approval$391,500
- Largest approval$391,500
- Jobs supported25
- Jobs per approval2.8
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises11.1 percent
- Distinct lenders8
- Distinct industries by NAICS8
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Gales Ferry
SBA loans in Gales Ferry (504)
- Approvals2
- Gross approval$672,000
- Average approval$336,000
- Median approval$397,000
- Largest approval$397,000
- Jobs supported6
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Southeastern Connecticut Planning Region, not Gales Ferry
Southeastern Connecticut Planning Region context, not Gales Ferry figures
These are Southeastern Connecticut Planning Region figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Gales Ferry measurements.
- Establishments in Southeastern Connecticut Planning Region5,883
- Employment at those establishments, Southeastern Connecticut Planning Region100,654
- Covered employment, Southeastern Connecticut Planning Region127,106
- Average annual pay, Southeastern Connecticut Planning Region$70,518
- Average weekly wage, Southeastern Connecticut Planning Region$1,356
- Housing units permitted, Southeastern Connecticut Planning Region509
- Of those, single family, Southeastern Connecticut Planning Region261
- County product, 2024, Southeastern Connecticut Planning Region$24,086,923,000
- Average income of an arriving household, Southeastern Connecticut Planning Region$76,706
Every figure in this section is published for Southeastern Connecticut Planning Region as a whole and is not a measurement of Gales Ferry. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Gales Ferry questions, answered from the record.
How many people live in Gales Ferry, Connecticut?
1,141, in 438 households. Gales Ferry CDP covers 0.96 square miles of land, which is 1,183 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Gales Ferry 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 Gales Ferry?
$80,735. The median owner-occupied home is valued at $335,100. Median gross rent is $2,201 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Gales Ferry businesses?
9 7(a) approvals totalling $1.1 m, across 8 lenders, median approval $100,000, plus 2 504 approvals worth $672,000. These count approvals to borrowers whose address is in Gales Ferry, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Gales Ferry borrowers get paid back?
No rate is published for Gales Ferry. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Gales Ferry figures?
No, and they are labelled 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 Gales Ferry.
Is zoning published for Gales Ferry?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
Nearby