Hartford Stats

Member of the 24/7 Wall St. Media Network

Category: Housing

Why Owning a Home is More Common in Hartford

Fewer and fewer Americans have been buying homes over the last decade. Today, just 63.0% of Americans own their homes, the smallest share since 1965. In the Hartford-West Hartford-East Hartford metro area, 66.5% of residents own their homes, higher than the national homeownership rate and the third lowest of any metro area in Connecticut. Young […]

Connecticut is America’s 2nd Best State to Live In

Americans often evaluate their home states according to such subjective conditions as climate preference, the presence of friends and family, and personal history. In addition to these subjective measures, more objective socioeconomic factors also contribute to life satisfaction. It is such quantitative measures that can help assess the broader quality of life in a given […]

Hartford No More Crowded Than the Average City

There are 3,251 people per square mile in the Hartford-West Hartford-East Hartford metro area, lower than the national population density of 6,321 Americans per square mile across all U.S. metro areas. Hartford also has the second lowest population density of any Connecticut metro area. Population density can have a meaningful impact on home prices in […]

Why Hartford is One of the Most Expensive Housing Markets

A typical home in the Hartford-West Hartford-East Hartford metro area costs $247,000, lower than in Connecticut as a whole, where the typical home is worth $270,900. The price of a typical Hartford home is, however, more than the national median home value of $194,500. Residents of areas with more expensive real estate also tend to […]

Hartford is the 2nd Best City for Single Mothers

Raising children on a single income is no easy feat, and single mothers in the United States struggle more than almost any other group of Americans. Still, some cities are easier for single mothers trying to make ends meet — and some cities are far worse. The costs of housing, food, childcare, and education give […]

Hartford is the 12th Best City to Flip a Home

The U.S. housing market has been in steady recovery since the housing crisis, and increasing numbers of investors are trying their hand at home flipping: the purchase, renovation, and subsequent sale of a property in a relatively short period of time. While home flipping is costly and notoriously risky, a number of housing markets are […]

Connecticut has the 11th Highest Share of Urban Living

Since 1950, Americans have increasingly chosen to live in cities. Today, 81% live in urban areas, more than even before. Urban areas, however, make up just 3% of U.S. land area. The proportion of people living in urban areas varies considerably between states. 24/7 Wall St. reviewed data from the U.S. Census to determine the […]

© 2022 24/7 Wall St.

Theme by Anders NorenUp ↑