Cost of living (Clay Affordability Index)
CAI 103 —
3% above the national average.
how it's computed
Housing19% above
Goods & services1% above
Utilities3% above
Taxes33% below
Insurance5% above
Commute cost36% below
No natural gas service in this area — most homes heat with electricity or propane.
For business: Connecticut is
CBII band 3/5
· time to build band 3/5.
See state page for the breakdown.
Living here
Nearest 4-year college2 mi
Nearest community college11 mi
Nearest technical college2 mi
High school graduates94.1%
College graduates38.8%
Doing business here
Economic development contacts, most local first:
city
Groton Economic Development
Groton Economic Development is the town's team helping businesses succeed by connecting them with incentives & financing, permitting assistance, commercial space, and workforce resources.
state
Connecticut Dept. Econ. Dev.
Connecticut Department of Economic and Community Development (DECD) is the state agency that supports economic development and community development in Connecticut, including business development, small business resources, brownfield redevelopment, film, arts and tourism initiatives, and related programs. It provides contact points for in-state and out-of-state companies seeking assistance and coordinates various grant and program opportunities.
State sales taxYes
State income taxYes
Right-to-work stateNo