Thinking about moving to Hartford?
You’ll find excellent educational opportunities, tons of history,
and yes, plenty of jobs at insurance companies.
Hartford is home to 123,243 Hartfordians. With an area of 17.4 square miles, Hartford has a population density of 7,083 persons per square mile, which makes it more dense than many other cities of comparable size.
The Hartford-West Hartford-East Hartford, CT Metropolitan Statistical Area boasts a population of 1,206,836 people, of which Hartford proper’s population makes up 10%.
Affordable housing is one of best things Hartford has going for it. The median home value in Hartford is $99,100, -51% below the US median value, according to Zillow. The median price per square foot in Hartford is $79. Over the past 5 years, home values in Hartford have decreased by -1%.
Renters in Hartford will also have an easy time finding affordable housing. The median rent in Hartford is $1,253 per month, which is 12% lower than the US median. Over the past year, rental rates in Hartford have increased by 5.6%.
Hartford’s economy has been a bit sluggish over the past few years. The Hartford metro area’s GDP grew by 9% between 2011 and 2016, from $82.8 billion in 2011 to $90.0 billion in 2016, a total increase of $7.2 billion. The metro area has a per capita GDP of $74,578. According to the US Census Bureau, the median household income in Hartford is $69,869, 18% higher than the national median. Hartford’s unemployment rate is 5.2%.