Indicates MSA includes part of more than one state or region. MSA includes part of more than one state or region.

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Norwich-New London, CT View area description and map

 

Market Hotness

1.4

12 mos. permits per 1,000 residents

Last update Sep '09Sources and methods - click for more info

Job Growth

-3.7%

Annual rate last 4 quarters

Last update Sep '09Sources and methods - click for more info

Res. Permits

15%

YTD change vs. prior year

Last update Sep '09Sources and methods - click for more info
 
 

Norwich Permits

Percentage change year over year

  Single Family Multifamily Units  
  Permits Chg. 2 Units 3-4 Units +5 Units All Multi Chg. Total Units Chg.
9 Mos. 2009 170 -29% 4 7 131 142 +344% 312 +15%
2009 3Q 75 +3% 4 0 0 4 -73% 79 -10%
2Q 62 -30% 0 0 60 60 +445% 122 +23%
1Q 33 -58% 0 7 71 78 +1200% 111 +32%
2008 4Q 49 -64% 4 0 0 4 -92% 53 -71%
3Q 73 -56% 10 0 5 15 -77% 88 -62%
Annuals                  
2008 276 -52% 28 3 24 55 -62% 331 -54%
2007 572 -29% 36 8 102 146 -29% 718 -29%
2006 801 -6% 36 0 169 205 -20% 1,006 -9%
Last update Sep '09Sources and methods - click for more info
 

Market Hotness Trend

12 mos. permits per 1,000 residents

Sep '09

1.4

Last update Sep '09Sources and methods - click for more info

Density Information

Calculated per square mile

Q2 '09Q2 '08Chg.
Population398.74399.98-0.3%
Housing Unit176.01175.450.3%
Market Density Index (MDI)
Total Permits0.560.75-25.3%
SF Permits0.310.64-51.6%
MF Permits0.250.11127.3%
Last update Sep '09Sources and methods - click for more info

Existing Housing Stock

117,207

Norwich, CT

Last update Sep '09Sources and methods - click for more info

Population

Based on Census Bureau estimates

Sep '09

265,518

Last update Sep '09Sources and methods - click for more info

Construction Trends

Share of permits by dwelling type

9 Months '09Share
Single-Family54%
Multifamily46%
2004-2008Avg.Share
Single-Family79%
Multifamily21%
Last update Sep '09Sources and methods - click for more info
 

Norwich Employment Trends

Employment numbers in thousands

Employment Sector No.of Jobs Last 1 Year Change Last 1 Year Job Growth Last 2 Years Change Last 2 Years Job Growth
Total 132.4 -4.9 -3.7% -0.2 -0.1%
Construction 3.7 -0.7 -18.9% -0.3 -6.8%
Manufacturing 15.2 -0.5 -3.3% -0.5 -3.2%
Trade 17.3 -0.6 -3.5% -0.7 -3.9%
Information 1.6 -0.1 -6.3% -0.3 -17.6%
Financial Activities 3.1 -0.1 -3.2% -0.2 -6.3%
Services 48.0 -0.9 -1.9% 0.4 0.8%
Government 38.3 -2.0 -5.2% 1.0 2.5%
Unemployed at end of period (rate) 9.0 5.8% 6.3 4.2%
Last update Sep '09Sources and methods - click for more info