POPULATION
In 2024, the population in your selected geography is 48,598. The population has changed by 1.52 percent since 2010. It is estimated that the population in your area will be 48,972 five years from now, which represents a change of 0.8 percent from the current year. The current population is 52.4 percent male and 47.6 percent female. The median age of the population in your area is 47.0, compared with the U.S. average, which is 39.0. The population density in your area is 618 people per square mile.

HOUSEHOLDS
There are currently 20,651 households in your selected geography. The number of households has changed by 4.70 percent since 2010. It is estimated that the number of households in your area will be 20,931 five years from now, which represents a change of 1.4 percent from the current year. The average household size in your area is 2.4 people.

INCOME
In 2024, the median household income for your selected geography is $108,237, compared with the U.S. average, which is currently $76,141.The median household income for your area has changed by 51.42 percent since 2010. It is estimated that the median household income in your area will be $116,507 five years from now, which represents a change of 7.6 percent from the current year.

The current year per capita income in your area is $55,028, compared with the U.S. average, which is $40,471. The current year’s average household income in your area is $135,994, compared with the U.S. average, which is $101,307.

EMPLOYMENT
In 2024, 25,218 people in your selected area were employed. The 2010 Census revealed that 69.5 percent of employees are in white-collar occupations in this geography, and 14.7 percent are in blue-collar occupations. In 2024, unemployment in this area was 3.0 percent. In 2010, the average time traveled to work was 29.00 minutes.

HOUSING
The median housing value in your area was $396,697 in 2024, compared with the U.S. median of $321,016. In 2010, there were 15,184.00 owner-occupied housing units and 4,541.00 renter-occupied housing units in your area.

EDUCATION
The selected area in 2024 had a lower level of educational attainment when compared with the U.S averages. 43.5 percent of the selected area’s residents had earned a graduate degree compared with the national average of only 13.5 percent, and 9.5 percent completed a bachelor’s degree, compared with the national average of 21.1 percent.

The number of area residents with an associate degree was higher than the nation’s at 11.1 percent vs. 8.8 percent, respectively.

The area had fewer high-school graduates, 1.1 percent vs. 26.2 percent for the nation, but the percentage of residents who completed some college is higher than the average for the nation, at 28.3 percent in the selected area compared with the 19.7 percent in the U.S.

• New Haven, CT MSA Self Storage Offering
• Proposed Three-Story, All Climate-Controlled Facility
• 36,943 Net Rentable Square Feet
• 358 Climate Controlled Units
• Approved Site Plan with Wetlands and Zoning Approvals Included that are Transferable
• No Competitors Within Two Miles
• Great Visibility Along Benson Road & I-84 (Yankee Expressway) Including Approval for 100’ Flagpole with Flag
• Under Two Miles From the Waterbury-Oxford Airport
• Affluent Market: Average Household Income Within One, Three, and Five Miles is Well Above the National Average
• Average HHI: 1-Mile: $171,764 | 3-Miles: $166,904 | $135,994
• Undersaturated Market: 3.18 NRSF Per Capita Within Five Miles