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Prospect, Connecticut

town · New Haven County

At a glance

9,458
Population
$355,400
Median home value (all homes)
17% above U.S. median
$472,820
Typical market value
Zillow, 2026-07
$1,800/mo
Median rent
34% above U.S. median
$126,394
Median household income
61% above U.S. median
27.5 min
Average commute
95.7%
Homes with broadband
3.3%
Unemployment

Cost of living (Clay Affordability Index)

CAI 110 — 10% above the national average. how it's computed

Housing35% above
Goods & services1% above
Utilities45% above
Taxes33% below
Insurance5% above
Commute cost1% above
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 college5 mi
Nearest community college6 mi
Nearest technical college3 mi
High school graduates95.3%
College graduates40.3%

Doing business here

Economic development contacts, most local first:

city Economic Development Commission (Town of Prospect)
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 Connecticut's Business Response
State sales taxYes
State income taxYes
Right-to-work stateNo

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