POPULATION
In 2022, the population in your selected geography is 62,834. The population has changed by 7.8 percent since 2000. It is estimated that the population in your area will be 63,305 five years from now, which represents a change of 0.7 percent from the current year. The current population is 49.2 percent male and 50.8 percent female. The median age of the population in your area is 43.3, compared with the U.S. average, which is 38.6. The population density in your area is 799 people per square mile.

HOUSEHOLDS
There are currently 24,356 households in your selected geography. The number of households has changed by 10.6 percent since 2000. It is estimated that the number of households in your area will be 24,640 five years from now, which represents a change of 1.2 percent from the current year. The average household size in your area is 2.5 people.

INCOME
In 2022, the median household income for your selected geography is $80,718, compared with the U.S. average, which is currently $66,422. The median household income for your area has changed by 41.7 percent since 2000. It is estimated that the median household income in your area will be $91,334 five years from now, which represents a change of 13.2 percent from the current year.
The current year per capita income in your area is $42,614, compared with the U.S. average, which is $37,200. The current year’s average household income in your area is $109,730, compared with the U.S. average, which is $96,357.

EMPLOYMENT
In 2022, 33,318 people in your selected area were employed. The 2000 Census revealed that 63.8 percent of employees are in white-collar occupations in this geography, and 36.2 percent are in blue-collar occupations. In 2022, unemployment in this area was 5.0 percent. In 2000, the average time traveled to work was 24.6 minutes.

HOUSING
The median housing value in your area was $318,482 in 2022, compared with the U.S. median of $250,735. In 2000, there were 16,001 owner-occupied housing units and 6,018 renter-occupied housing units in your area. The median rent at the time was $566.

EDUCATION
The selected area in 2022 had a higher level of educational attainment when compared with the U.S averages. 14.3 percent of the selected area’s residents had earned a graduate degree compared with the national average of only 12.3 percent, and 18.2 percent completed a bachelor’s degree, compared with the national average of 19.7 percent.

The number of area residents with an associate degree was equal to the nation’s at 8.4 percent.

The area had more high-school graduates, 32.3 percent vs. 27.1 percent for the nation, but the percentage of residents who completed some college is lower than the average for the nation, at 19.0 percent in the selected area compared with the 20.4 percent in the U.S.

• South Connecticut Self Storage & Retail Property With Large Upside
• 104,212 Total NRSF (31,625 NRSF of Storage | 72,587 NRSF of Retail)
• 77 CC Units | 242 NCC Units | 4 Lockers | 20 Parking Spaces | 38 Retail Spaces
• Storage Units Have Below Market Rents
• Opportunity to Convert Some of the Retail Spaces to More Storage
• Affluent Market: Average Household Income Within One, Three, and Five Miles is Above the National Average
• Growing Surrounding Population
• Daily Traffic Count: 9,700 Cars/Day