Connecticut

  • Population: 3.6 million
  • Capital City: Hartford
  • Nickname: Constitution State
  • Largest cities: Bridgeport (145,000), Hartford (125,000), New Haven (130,000), Stamford (123,000)

While it lacks a major city, Connecticut is well distributed by population density, resulting in, relative to its size, a large area of economic activity.  The dominant industry in CT is insurance representing a $16bn payroll, more than $3.5bn more than the next largest industry.  However, bioscience, media and large scale manufacturing also play a key part in the state’s economy.

Some real estate stagnation has created significant opportunities to purchase properties below market value, and has also increased the margins associated with rehab projects.

West Forest Capital lends in the following counties in Connecticut:

  • Fairfield County
  • Hartford County
  • Middlesex County
  • New Haven County
  • New London County
  • Tolland County
  • Windham County

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