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Northeastern Connecticut Planning Region, CT

RANK #24 / 996  ·  POP 95,687  ·  CT

PROJECTED GROWTH: +3.9%

Northeastern Connecticut Planning Region ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Northeastern Connecticut Planning Region?

Northeastern Connecticut Planning Region, often called the "Quiet Corner," offers a distinctive blend of rural charm and historical depth. Towns like Putnam, known for its antique market and arts scene, or Danielson, with its historic districts featuring Colonial Revival and Italianate architecture, provide unique character. Located in Connecticut's northeast, the region is within easy driving distance of major cities like Boston, Providence, and Hartford, making commutes feasible for many residents. The area boasts extensive state forests, rivers, and lakes, providing ample opportunities for hiking, biking, fishing, and other outdoor activities, with popular spots like Mashamoquet Brook State Park and James L. Goodwin State Forest.

Life in Northeastern Connecticut Planning Region appeals to those seeking a quieter lifestyle with access to natural amenities. The community attracts families and individuals who may commute to nearby urban centers or work remotely, drawn by the region's schools and overall quality of life. The local economy is seeing development in sectors such as data centers, contributing to job growth and investment in the area. This economic activity, alongside a focus on preserving open spaces and natural resources, shapes a community that values both progress and its scenic environment.

[02] Market Snapshot

Housing Ratio
15.3x

Overvalued relative to economy

GDP Growth

No data

Home Prices

No data

Climate & Terrain
1.4

Moderate climate & terrain

Price/Rent
20x

Above national median (13x)

Housing looks overvalued at 15.3x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

Score Breakdown

Vacancy Rate 0.4% 98 percentile
Price/Rent 20x 8 percentile

The Numbers

DEMOGRAPHICS
Population
95,687
Median Household Income
$83,119
Median Home Value
$268,500
Median Rent
$1,119
Average Annual Pay
$58,265
0.0% YoY
Employment
28,792
0.0% YoY
Income-to-Home-Value
0.3096
More affordable than average
Migration Inflow
2.0%
of pop. from another state

Market Activity

REAL ESTATE
Building Permits (2024)
146
Single-Family Permits
146

[05] Capital Investment

$1,600M
TOTAL
PROJECT AMOUNT STATUS
NE Edge Hyperscale Data Center (Waterford)
NE Edge (in partnership with a multinational company)
$1,600M On Hold
Millstone Nuclear Power Plant License Extension
Dominion Energy
Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Frequently Asked Questions

Is Northeastern Connecticut Planning Region, CT a good place to move to?

Northeastern Connecticut Planning Region has a Boom Town Index score of 98/100, ranking #24 among 996 U.S. counties. With a median household income of $83,119, it's an above-average county on economic indicators.

Is Northeastern Connecticut Planning Region affordable?

The median home value in Northeastern Connecticut Planning Region is $268,500 with median rent at $1,119/month. The income-to-home-value ratio is 0.3096, which is more affordable than the national average.

Is Northeastern Connecticut Planning Region growing or shrinking?

Population growth: — year-over-year. Job growth: 0.0%.

[08] Similar Metros

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