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Preston 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 Preston 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 Preston Town, Connecticut

12:00 A.M. TO 4:59 A.M.   : 42   (1.9%)
5:00 A.M. TO 5:29 A.M.   : 66   (3.0%)
5:30 A.M. TO 5:59 A.M.   : 111   (5.0%)
6:00 A.M. TO 6:29 A.M.   : 249   (11.2%)
6:30 A.M. TO 6:59 A.M.   : 220   (9.9%)
7:00 A.M. TO 7:29 A.M.   : 308   (13.8%)
7:30 A.M. TO 7:59 A.M.   : 343   (15.4%)
8:00 A.M. TO 8:29 A.M.   : 236   (10.6%)
8:30 A.M. TO 8:59 A.M.   : 209   (9.4%)
9:00 A.M. TO 9:59 A.M.   : 36   (1.6%)
10:00 A.M. TO 10:59 A.M.   : 23   (1.0%)
11:00 A.M. TO 11:59 A.M.   : 27   (1.2%)
12:00 P.M. TO 3:59 P.M.   : 163   (7.3%)
4:00 P.M. TO 11:59 P.M.   : 194   (8.7%)


(updated 2010)



Means Of Transportation
(Preston Town, Connecticut)

Car, truck, or van:

Drove alone : 2,197

Carpooled:

In 2-person carpool : 91

In 3-person carpool : 10

In 4-person carpool : 0

In 5- or 6-person carpool : 7

In 7-or-more-person carpool : 0

Public transportation (excluding taxicab):

Bus or trolley bus : 0

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

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 10

Walked : 16

Other means : 16

Worked at home : 62


(updated 2009)



Travel Time To Work
(Preston Town, Connecticut)

Less than 5 minutes : 45

5 to 9 minutes : 113

10 to 14 minutes : 363

15 to 19 minutes : 385

20 to 24 minutes : 383

25 to 29 minutes : 158

30 to 34 minutes : 386

35 to 39 minutes : 84

40 to 44 minutes : 85

45 to 59 minutes : 161

60 to 89 minutes : 98

90 or more minutes : 86


(updated 2009)



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

With Social Security income : 594

No Social Security income : 1,333


(updated 2009)



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

With retirement income : 502

No retirement income : 1,425


(updated 2009)



Family Income (Annual)
(Preston Town, Connecticut)

Less than $10,000 : 46

$10,000 to $14,999 : 56

$15,000 to $19,999 : 21

$20,000 to $24,999 : 86

$25,000 to $29,999 : 21

$30,000 to $34,999 : 51

$35,000 to $39,999 : 77

$40,000 to $44,999 : 111

$45,000 to $49,999 : 29

$50,000 to $59,999 : 134

$60,000 to $74,999 : 93

$75,000 to $99,999 : 332

$100,000 to $124,999 : 191

$125,000 to $149,999 : 145

$150,000 to $199,999 : 122

$200,000 or more : 88


(updated 2009)



Median Family Income (Annual)
(Preston Town, Connecticut)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $83,702


(updated 2009)



AM Radio Stations Near Preston Town, Connecticut

  • WCNX (1180 AM; 1.8 kW; Hope Valley, RI; Owner: Judson Group, Inc.)
  • WXNI (1230 AM; 1.0 kW; Pawcatuck, CT; Owner: Wrni Foundation)
  • WICH (1310 AM; 5.0 kW; Norwich, CT; Owner: Wich, Incorporated)
  • WINY (1350 AM; 5.0 kW; Putnam, CT; Owner: Osbrey Broadcasting Company)
  • WKFD (1370 AM; 5.0 kW; Charlestown, RI; Owner: Astro Tele-communications Corp.)
  • 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)
  • WLKW (1450 AM; 1.0 kW; West Warwick, RI; Owner: Hall Communications, Inc.)
  • 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 Preston Town, Connecticut

  • WKNL (100.9 FM; Uncasville, CT; Owner: Hall Communications, Inc.)
  • WMOS (102.3 FM; Pawcatuck, CT; Owner: Citadel Broadcasting Company)
  • WRNI-FM (102.7 FM; Narragansett, RI; Owner: Rhode Island Public Radio)
  • WQGN-FM (105.5 FM; Groton, CT; Owner: Citadel Broadcasting Company)
  • 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.)
  • WNPR (89.1 FM; Bozrah, CT; Owner: Connecticut Public Broadcasting, Inc.)
  • NEW (89.5 FM; Charlestown, RI; Owner: Academy Of St. Therese)
  • NEW (89.5 FM; Charlestown, RI; Owner: Calvary Chapel Of Southeastern Connecticut)
  • NEW (89.5 FM; Westerly, RI; Owner: Rhode Island Public Radio)
  • WECS (90.1 FM; Willimantic, CT; Owner: Eastern Connecticut State College)
  • WRIU (90.3 FM; Kingston, RI; Owner: University Of Rhode Island)
  • NEW (90.7 FM; Plainfield, CT; Owner: Calvary Chapel Of Southeastern Connecticut)
  • NEW (90.7 FM; Sterling, CT; Owner: Franciscan Friars Of The Immmaculate Incorporated)
  • NEW (90.7 FM; Coventry, RI; Owner: His Voice Ministries)
  • NEW (90.9 FM; Bolton, CT; Owner: Wamc)
  • NEW (91.1 FM; Bradford, RI; Owner: Colina Alta Ministries, Inc.)
  • WBVC (91.1 FM; Pomfret, CT; Owner: Pomfret School)
  • WCVY (91.5 FM; Coventry, RI; Owner: Coventry Rhode Island Public Schools)
  • WRJI (91.5 FM; East Greenwich, RI; Owner: Educational Radio For The Public Of The New Millennium)
  • WHUS (91.7 FM; Storrs Mansfield, CT; Owner: The Board Of Trustees, The University Of Connnecticut)
  • 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 Preston 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 Preston Town, Connecticut

Male:


  • Management, Professional, And Related Occupations: 333  (26.9%)
  • Service Occupations: 252  (20.3%)
  • Sales And Office Occupations: 169  (13.6%)
  • Farming, Fishing, And Forestry Occupations 21  (1.7%)
  • Construction, Extraction, And Maintenance Occupations: 275  (22.2%)

Female:


  • Management, Professional, And Related Occupations: 458  (39.8%)
  • Service Occupations: 291  (25.3%)
  • Sales And Office Occupations: 314  (27.3%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 9  (0.8%)


(updated 2010)





There are 51 Farms In Preston Town, Connecticut


(updated 2008)



Banks In Preston Town, Connecticut

Jewett City Savings Bank - 1 Branches


    Bank Assets: $246.8k
    Industry Specialization: Mortgage Lending
    Total Offices: 5

(updated 2014)







Airports Near Preston Town, Connecticut

  • Newburgh Airport


    (about 1.6 miles in Norwich, Connecticut; Airport Code: NBJ)

  • Groton-New London


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

  • Trumbull


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

  • Westerly State


    (about 16.0 miles in Westerly, Rhode Island; Airport Code: WST)

  • Windham


    (about 17.8 miles in Mansfield Center, Connecticut; Airport Code: CT3)

  • Elizabeth Field


    (about 18.2 miles in Fishers Island, New York; Airport Code: FID)

  • Sky Portal


    (about 30.8 miles in Montauk, New York; Airport Code: MTP)

  • Griswold


    (about 32.0 miles in Clinton, Connecticut; Airport Code: MPE)

  • Quonset State Air Reserve National Guard Helipad


    (about 32.0 miles in North Kingstown, Rhode Island; Airport Code: NCO)

  • Quonset State


    (about 32.2 miles in North Kingstown, Rhode Island; Airport Code: ZXU)


(updated 2015)



Modes of Transportation in Preston Town, Connecticut

Car, Truck, Or Van:

 

Drove Alone

83.66%

Carpooled

8.08%

Public Transportation:

 

Bus Or Trolley Bus

0.42%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.0%

Walked

1.90%

Other Means

0.17%

Worked At Home

5.76%



(updated 2010)





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