Capitol Planning Region, Connecticut

• Income premium: Households earn well above the national median, supporting strong retail and housing markets.
• Below the state median: Median household income runs $2,387 (2.5%) under the Connecticut median, so statewide income averages overstate local household buying power.
• Cost of living erodes income: Local prices run 3.6% above the national average, so the nominal median of $93,394 is worth $90,149 at national average prices. BEA publishes price parity at state level, not county level.
• Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 6.4 pts, supports knowledge-economy and tech attraction.

• Largest private-sector industry: Health Care and Social Assistance employs 91,720 workers (23.5% of tracked sectors), at an average wage of $68,240. Every industry figure on this page is private sector; government employs a further 80,781 and is counted separately.
• Economic scale: Regional GDP of $110.9B (2024).
• Wage stratification: Finance and Insurance averages $168,459 while Accommodation and Food Services averages $30,999, a 5.4x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Insurance Carriers and Related Activities concentrates at 3.92x the national norm, strong concentration that anchors the local economy and supports supply-chain attraction strategy.
• Cluster depth: 5 sub-sectors register LQ ≥ 1.5, and no single source of demand accounts for more than 41.9% of the employment across them, the largest being finance and insurance. Demand reaches this base from more than one market rather than from a single one.
• Attraction whitespace: 6 sub-sectors register LQ < 0.5 with at least 50 employed and clear the local siting screen on energy cost, freight access and land base, candidates for diversification or recruitment depending on labor-market fit.

• In line with national: Home value to income ratio of 3.5x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
• Rent affordability gap: None of the 5 HUD Fair Market Rent bedroom sizes sit below what a household on the median renter income of $49,201 can pay without cost burden (~$1,230/mo), and 48.6% of renter households are already cost-burdened, 25.6% severely so; workforce housing cost burden warrants attention.

• Healthy participation: 65.9% labor force participation reflects a steady, available local workforce.
• Talent pipeline: the 6 largest of 15 institutions in Capitol Planning Region award 15,507 credentials a year. Employers drawing from a wider labor shed should read this alongside institutions outside the county, which this page does not aggregate.

Capitol Planning Region shows meaningful potential for insurance carriers and related activities attraction, with a 3.92x concentration and 34,466 jobs in this sub-sector.

The concentrated base spans insurance carriers and related activities, transportation equipment manufacturing, and transit and ground passenger transportation, and no single source of demand accounts for more than 41.9% of the employment across them, the largest being finance and insurance. Supply-chain recruitment has more than one demand base to work from.