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Old Lyme Town, Connecticut Economic Analysis

   (County: New London County)

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Economic Analysis

People and the communities they live in depend on money. The people of Old Lyme Town, Connecticut need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Connecticut

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.01 9.11 7.55 12.83 0.00 9.16
  Total Electric Industry 10.01 9.11 7.55 12.83 0.00 9.16
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.51 9.49 7.93 13.42 0.00 9.60
  Total Electric Industry 10.51 9.49 7.93 13.42 0.00 9.60
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.07 9.86 8.22 13.92 0.00 10.04
  Total Electric Industry 11.07 9.86 8.22 13.92 0.00 10.04
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.39 10.04 8.29 14.08 0.00 10.26
  Total Electric Industry 11.39 10.04 8.29 14.08 0.00 10.26
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.47 9.99 7.90 14.00 0.00 10.18
  Total Electric Industry 11.47 9.99 7.90 14.00 0.00 10.18
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.95 10.33 7.94 14.38 0.00 10.50
  Total Electric Industry 11.95 10.33 7.94 14.38 0.00 10.50
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 12.05 10.29 7.86 14.35 0.00 10.51
  Total Electric Industry 12.05 10.29 7.86 14.35 0.00 10.51
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 12.13 10.28 7.76 14.52 0.00 10.52
  Total Electric Industry 12.13 10.28 7.76 14.52 0.00 10.52
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.95 10.01 7.70 11.65 0.00 10.30
  Total Electric Industry 11.95 10.01 7.70 11.65 0.00 10.30
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.46 9.69 7.42 10.93 0.00 9.96
  Total Electric Industry 11.46 9.69 7.42 10.93 0.00 9.96
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.86 9.27 7.32 10.06 0.00 9.52
  Total Electric Industry 10.86 9.27 7.32 10.06 0.00 9.52
2001              
  Delivery-Only Service 4.48 4.40 0.00 0.00 0.00 4.48
  Energy-Only Providers 4.97 5.03 0.00 0.00 0.00 4.97
  Full-Service Providers 10.91 9.26 7.62 10.00 0.00 9.62
  Total Electric Industry 10.90 9.26 7.62 10.00 0.00 9.62
2002              
  Delivery-Only Service 5.22 4.54 3.05 12.97 0.00 4.34
  Energy-Only Providers 5.23 4.72 4.10 4.76 0.00 4.73
  Full-Service Providers 10.96 9.32 7.69 10.34 0.00 9.72
  Total Electric Industry 10.96 9.32 7.68 10.35 0.00 9.71
2003              
  Delivery-Only Service 5.19 4.66 3.11 0.00 0.00 4.53
  Energy-Only Providers 5.20 5.05 4.23 0.00 0.00 4.91
  Full-Service Providers 11.34 9.93 8.01 0.00 7.72 10.18
  Total Electric Industry 11.31 9.93 7.99 0.00 7.72 10.16
2004              
  Delivery-Only Service 5.34 4.45 2.82 0.00 0.00 4.42
  Energy-Only Providers 6.22 5.24 4.63 0.00 0.00 5.46
  Full-Service Providers 11.63 9.90 7.90 0.00 7.25 10.27
  Total Electric Industry 11.63 9.90 7.89 0.00 7.25 10.26
2005              
  Delivery-Only Service 6.22 5.02 2.71 0.00 0.00 5.37
  Energy-Only Providers 7.44 6.57 5.46 0.00 0.00 6.87
  Full-Service Providers 13.64 11.52 9.42 0.00 8.78 12.06
  Total Electric Industry 13.64 11.53 9.40 0.00 8.78 12.06
2006              
  Delivery-Only Service 6.28 5.14 3.14 0.00 0.00 5.04
  Energy-Only Providers 10.71 8.95 8.70 0.00 0.00 9.39
  Full-Service Providers 16.85 14.02 11.70 0.00 14.55 14.85
  Total Electric Industry 16.86 14.03 11.71 0.00 14.55 14.83

(updated 2006)



Time Leaving to Work in Old Lyme Town, Connecticut

12:00 A.M. TO 4:59 A.M.   : 24   (0.7%)
5:00 A.M. TO 5:29 A.M.   : 82   (2.4%)
5:30 A.M. TO 5:59 A.M.   : 88   (2.5%)
6:00 A.M. TO 6:29 A.M.   : 297   (8.6%)
6:30 A.M. TO 6:59 A.M.   : 342   (9.9%)
7:00 A.M. TO 7:29 A.M.   : 583   (16.9%)
7:30 A.M. TO 7:59 A.M.   : 726   (21.0%)
8:00 A.M. TO 8:29 A.M.   : 413   (12.0%)
8:30 A.M. TO 8:59 A.M.   : 251   (7.3%)
9:00 A.M. TO 9:59 A.M.   : 203   (5.9%)
10:00 A.M. TO 10:59 A.M.   : 73   (2.1%)
11:00 A.M. TO 11:59 A.M.   : 19   (0.6%)
12:00 P.M. TO 3:59 P.M.   : 206   (6.0%)
4:00 P.M. TO 11:59 P.M.   : 146   (4.2%)


(updated 2010)



Means Of Transportation
(Old Lyme Town, Connecticut)

Car, truck, or van:

Drove alone : 3,057

Carpooled:

In 2-person carpool : 259

In 3-person carpool : 70

In 4-person carpool : 0

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 11

Public transportation (excluding taxicab):

Bus or trolley bus : 21

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 9

Railroad : 11

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 22

Walked : 44

Other means : 17

Worked at home : 155


(updated 2009)



Travel Time To Work
(Old Lyme Town, Connecticut)

Less than 5 minutes : 75

5 to 9 minutes : 330

10 to 14 minutes : 621

15 to 19 minutes : 422

20 to 24 minutes : 597

25 to 29 minutes : 242

30 to 34 minutes : 345

35 to 39 minutes : 144

40 to 44 minutes : 125

45 to 59 minutes : 342

60 to 89 minutes : 180

90 or more minutes : 98


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Old Lyme Town, Connecticut)

With Social Security income : 1,092

No Social Security income : 1,953


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Old Lyme Town, Connecticut)

With retirement income : 728

No retirement income : 2,317


(updated 2009)



Family Income (Annual)
(Old Lyme Town, Connecticut)

Less than $10,000 : 45

$10,000 to $14,999 : 16

$15,000 to $19,999 : 9

$20,000 to $24,999 : 27

$25,000 to $29,999 : 72

$30,000 to $34,999 : 59

$35,000 to $39,999 : 25

$40,000 to $44,999 : 65

$45,000 to $49,999 : 59

$50,000 to $59,999 : 66

$60,000 to $74,999 : 232

$75,000 to $99,999 : 433

$100,000 to $124,999 : 276

$125,000 to $149,999 : 269

$150,000 to $199,999 : 266

$200,000 or more : 311


(updated 2009)



Median Family Income (Annual)
(Old Lyme Town, Connecticut)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $101,029


(updated 2009)



AM Radio Stations Near Old Lyme Town, Connecticut

  • WMRD (1150 AM; 2.5 kW; Middletown, CT; Owner: Crossroads Communications, Llc)
  • WXNI (1230 AM; 1.0 kW; Pawcatuck, CT; Owner: Wrni Foundation)
  • WICH (1310 AM; 5.0 kW; Norwich, CT; Owner: Wich, Incorporated)
  • WILI (1400 AM; 1.0 kW; Willimantic, CT; Owner: Nutmeg Broadcasting Company)
  • WLIS (1420 AM; 5.0 kW; Old Saybrook, CT; Owner: Crossroads Communications Of Old Saybrook, Llc)
  • NEW (1490 AM; 1.0 kW; Uncasville, CT; Owner: The Ridgefield Broadcasting Corp.)
  • WSUB (980 AM; 1.0 kW; Groton, CT; Owner: Citadel Broadcasting Company)

FM Radio Stations Near Old Lyme Town, Connecticut

  • WKNL (100.9 FM; Uncasville, CT; Owner: Hall Communications, Inc.)
  • WMOS (102.3 FM; Pawcatuck, CT; Owner: Citadel Broadcasting Company)
  • WBAZ (102.5 FM; Southampton, NY; Owner: Aaa Licensing Llc)
  • WXLM (104.7 FM; Montauk, NY; Owner: Citadel Broadcasting Company)
  • WIHS (104.9 FM; Middlefield, CT; Owner: Connecticut Radio Fellowship, Inc.)
  • WQGN-FM (105.5 FM; Groton, CT; Owner: Citadel Broadcasting Company)
  • WESU (88.1 FM; Middletown, CT; Owner: Wesleyan)
  • WKIV (88.1 FM; Westerly, RI; Owner: Southern Rhode Island Public Radio Broadcasting Inc.)
  • WKIV (88.1 FM; North Stonington, CT; Owner: Southern Rhode Island Public Radio Broadcasting Inc.)
  • WLIU (88.3 FM; Southampton, NY; Owner: Long Island University Public Radio Network)
  • WPKM (88.7 FM; Montauk, NY; Owner: Wpkn, Inc.)
  • WNPR (89.1 FM; Bozrah, CT; Owner: Connecticut Public Broadcasting, Inc.)
  • NEW (89.5 FM; Westerly, RI; Owner: Rhode Island Public Radio)
  • WSUF (89.9 FM; Greenport, NY; Owner: Sacred Heart University, Inc.)
  • WWEB (89.9 FM; Wallingford, CT; Owner: Choate Rosemary Hall Foundation)
  • WECS (90.1 FM; Willimantic, CT; Owner: Eastern Connecticut State College)
  • NEW (90.7 FM; Montauk, NY; Owner: Community Bible Church)
  • NEW (90.7 FM; Montauk, NY; Owner: Hamptons Community Radio Corporation)
  • NEW (91.1 FM; Bradford, RI; Owner: Colina Alta Ministries, Inc.)
  • WRLI-FM (91.3 FM; Southampton, NY; Owner: Connecticut Public Broadcasting, Inc)
  • WGRS (91.5 FM; Madison, CT; Owner: Monroe Board Of Education)
  • WLNG (92.1 FM; Sag Harbor, NY; Owner: Main Street Broadcasting Co., Inc.)
  • WHFM (95.3 FM; Southampton, NY; Owner: Cox Radio, Inc.)
  • WEHN (96.9 FM; East Hampton, NY; Owner: Aaa Licensing Llc)
  • WCTY (97.7 FM; Uncasville, CT; Owner: Wich, Inc.)
  • WILI-FM (98.3 FM; Willimantic, CT; Owner: Nutmeg Broadcasting Company)
  • WNLC (98.7 FM; Groton, CT; Owner: Hall Communications, Inc.)

TV Broadcast Stations Near Old Lyme Town, Connecticut

  • WHPX (Channel 26; East Lyme, CT; Owner: Paxson Hartford License, Inc.)
  • WHPX (Channel 26; East Lyme, CT; Owner: Paxson Hartford License, Inc.)
  • WEDN (Channel 53; Bozrah, CT; Owner: Connecticut Public Broadcasting, Inc.)

(updated 2008)



Occupations in Old Lyme Town, Connecticut

Male:


  • Management, Professional, And Related Occupations: 912  (45.3%)
  • Service Occupations: 229  (11.4%)
  • Sales And Office Occupations: 281  (14.0%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 360  (17.9%)

Female:


  • Management, Professional, And Related Occupations: 789  (47.1%)
  • Service Occupations: 258  (15.4%)
  • Sales And Office Occupations: 553  (33.0%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 0  (0.0%)


(updated 2010)





There are 24 Farms In Old Lyme Town, Connecticut


(updated 2008)



Banks In Old Lyme Town, Connecticut

Bank Of America, National Association - 1 Branches


    Bank Assets: $1.4b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 5,094

Essex Savings Bank - 1 Branches


    Bank Assets: $329.6k
    Industry Specialization: Mortgage Lending
    Total Offices: 6

Webster Bank, National Association - 1 Branches


    Bank Assets: $21.5m
    Industry Specialization: Commercial Lending
    Total Offices: 167

Citizens Bank, National Association - 1 Branches


    Bank Assets: $100.6m
    Industry Specialization: Commercial Lending
    Total Offices: 864

(updated 2014)







Airports Near Old Lyme Town, Connecticut

  • Trumbull


    (about 12.8 miles in Groton, Connecticut; Airport Code: GON)

  • Groton-New London


    (about 12.9 miles in Groton, Connecticut; Airport Code: GON)

  • Griswold


    (about 13.6 miles in Clinton, Connecticut; Airport Code: MPE)

  • Elizabeth Field


    (about 14.1 miles in Fishers Island, New York; Airport Code: FID)

  • Newburgh Airport


    (about 20.1 miles in Norwich, Connecticut; Airport Code: NBJ)

  • East Hampton Airport


    (about 24.3 miles in Wainscott, New York; Airport Code: HTO)

  • Sky Portal


    (about 25.2 miles in Montauk, New York; Airport Code: MTP)

  • Mattituck Airport


    (about 25.3 miles in Mattituck, New York; Airport Code: NY8)

  • Westerly State


    (about 25.5 miles in Westerly, Rhode Island; Airport Code: WST)

  • Windham


    (about 30.5 miles in Mansfield Center, Connecticut; Airport Code: CT3)


(updated 2015)



Modes of Transportation in Old Lyme Town, Connecticut

Car, Truck, Or Van:

 

Drove Alone

86.27%

Carpooled

6.38%

Public Transportation:

 

Bus Or Trolley Bus

0.0%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.33%

Railroad

0.44%

Ferryboat

0.14%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.0%

Walked

1.55%

Other Means

0.30%

Worked At Home

4.59%



(updated 2010)





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