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Tolland County, Connecticut Economic Analysis


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Economic Analysis

People and the communities they live in depend on money. The people of Tolland County, 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 Tolland County, Connecticut

12:00 A.M. TO 4:59 A.M.   : 1,708   (2.5%)
5:00 A.M. TO 5:29 A.M.   : 1,413   (2.0%)
5:30 A.M. TO 5:59 A.M.   : 2,457   (3.5%)
6:00 A.M. TO 6:29 A.M.   : 6,038   (8.7%)
6:30 A.M. TO 6:59 A.M.   : 8,049   (11.6%)
7:00 A.M. TO 7:29 A.M.   : 11,492   (16.6%)
7:30 A.M. TO 7:59 A.M.   : 10,062   (14.5%)
8:00 A.M. TO 8:29 A.M.   : 8,408   (12.1%)
8:30 A.M. TO 8:59 A.M.   : 3,826   (5.5%)
9:00 A.M. TO 9:59 A.M.   : 3,829   (5.5%)
10:00 A.M. TO 10:59 A.M.   : 1,359   (2.0%)
11:00 A.M. TO 11:59 A.M.   : 828   (1.2%)
12:00 P.M. TO 3:59 P.M.   : 5,652   (8.1%)
4:00 P.M. TO 11:59 P.M.   : 4,305   (6.2%)


(updated 2010)



Household Size By Vehicles Available
(Tolland County, Connecticut)

1-person household:

No vehicle available : 881

1 vehicle available : 10,875

2 vehicles available : 1,741

3 vehicles available : 309

4 or more vehicles available : 88

2-person household:

No vehicle available : 508

1 vehicle available : 3,265

2 vehicles available : 11,547

3 vehicles available : 2,825

4 or more vehicles available : 1,083

3-person household:

No vehicle available : 115

1 vehicle available : 1,667

2 vehicles available : 3,738

3 vehicles available : 2,416

4 or more vehicles available : 1,056

4-or-more-person household:

No vehicle available : 343

1 vehicle available : 771

2 vehicles available : 5,057

3 vehicles available : 3,653

4 or more vehicles available : 2,274


(updated 2013)



Household Size By Number Of Workers In Household
(Tolland County, Connecticut)

1-person household:

No workers : 6,086

1 worker : 7,808

2-person household:

No workers : 4,963

1 worker : 6,166

2 workers : 8,099

3-person household:

No workers : 624

1 worker : 3,050

2 workers : 3,981

3 workers : 1,337

4-or-more-person household:

No workers : 474

1 worker : 2,785

2 workers : 5,756

3 or more workers : 3,083


(updated 2013)



Means of Transportation To Work
(Tolland County, Connecticut)

Car, truck, or van:

Drove alone : 62,710

Carpooled:

In 2-person carpool : 3,632

In 3-person carpool : 431

In 4-person carpool : 123

In 5- or 6-person carpool : 99

In 7-or-more-person carpool : 161

Public transportation (excluding taxicab):

Bus or trolley bus : 1,457

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

Subway or elevated : 0

Railroad : 54

Ferryboat : 0

Taxicab : 0

Motorcycle : 46

Bicycle : 70

Walked : 3,526

Other means : 242

Worked at home : 3,411


(updated 2013)



Travel Time To Work
(Tolland County, Connecticut)

Less than 5 minutes : 1,872

5 to 9 minutes : 7,171

10 to 14 minutes : 9,243

15 to 19 minutes : 8,539

20 to 24 minutes : 10,805

25 to 29 minutes : 6,041

30 to 34 minutes : 11,028

35 to 39 minutes : 3,027

40 to 44 minutes : 4,485

45 to 59 minutes : 6,118

60 to 89 minutes : 3,044

90 or more minutes : 1,178


(updated 2013)



Occupations in Tolland County, Connecticut

Male:


  • Management, Professional, And Related Occupations: 14,986  (39.5%)
  • Service Occupations: 4,163  (11.0%)
  • Sales And Office Occupations: 6,535  (17.2%)
  • Farming, Fishing, And Forestry Occupations 178  (0.5%)
  • Construction, Extraction, And Maintenance Occupations: 6,140  (16.2%)

Female:


  • Management, Professional, And Related Occupations: 15,046  (43.2%)
  • Service Occupations: 5,431  (15.6%)
  • Sales And Office Occupations: 12,278  (35.3%)
  • Farming, Fishing, And Forestry Occupations 71  (0.2%)
  • Construction, Extraction, And Maintenance Occupations: 169  (0.5%)


(updated 2010)





Employment Rate In Tolland County, Connecticut

Employed: 80,004
Unemployed: 3,110



Minority Owned Firms of 100 or More in
Tolland County, Connecticut

  • Total Black-owned firms of 100 or more, percent 2002: 0.0%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 0.0%
  • Total Asian-owned firms of 100 or more, percent 2002: 2.1%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 0.0%
  • Total Native Hawaiian-and Other Pacific Islander-owned firms of 100 or more, percent 2002: 0.0%
  • Total women-owned firms of 100 or more, percent 2002: 30.8%
  • Other: 67.1%







There are 483 Farms In Tolland County, Connecticut


(updated 2008)



Banks In Tolland County, Connecticut

First Niagara Bank, National Association - 10 Branches


    Bank Assets: $385.6m
    Industry Specialization: Commercial Lending
    Total Offices: 424

United Bank - 9 Branches


    Bank Assets: $46.3m
    Industry Specialization: Commercial Lending
    Total Offices: 242

People's United Bank - 5 Branches


    Bank Assets: $168.2m
    Industry Specialization: Commercial Lending
    Total Offices: 406

Savings Institute Bank And Trust Company - 3 Branches


    Bank Assets: $4m
    Industry Specialization: Commercial Lending
    Total Offices: 26

Bank Of America, National Association - 3 Branches


    Bank Assets: $4.3b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 5,094

Webster Bank, National Association - 3 Branches


    Bank Assets: $64.5m
    Industry Specialization: Commercial Lending
    Total Offices: 167

Stafford Savings Bank - 3 Branches


    Bank Assets: $775.1k
    Industry Specialization: Other < $1 Billion
    Total Offices: 3

Santander Bank, N.a. - 1 Branches


    Bank Assets: $77.2m
    Industry Specialization: Commercial Lending
    Total Offices: 702

Liberty Bank - 1 Branches


    Bank Assets: $3.6m
    Industry Specialization: Commercial Lending
    Total Offices: 92

Berkshire Bank - 1 Branches


    Bank Assets: $6.2m
    Industry Specialization: Commercial Lending
    Total Offices: 92

(updated 2014)







Airports Near Tolland County, Connecticut

  • Windham


    (about 11.9 miles in Mansfield Center, Connecticut; Airport Code: CT3)

  • Rentschler


    (about 15.0 miles in East Hartford, Connecticut; Airport Code: EHT)

  • Rentschler Heliport


    (about 15.5 miles in East Hartford, Connecticut; Airport Code: EHT)

  • Hartford Brainard


    (about 17.1 miles in Hartford, Connecticut; Airport Code: HFD)

  • Bradley International


    (about 17.7 miles in Windsor Locks, Connecticut; Airport Code: BDL)

  • Simsbury Airport


    (about 22.2 miles in Tariffville, Connecticut; Airport Code: CT2)

  • Southbridge Municipal


    (about 23.9 miles in Sturbridge, Massachusetts; Airport Code: QSO)

  • Westover ARB Metropolitan


    (about 25.2 miles in Chicopee, Massachusetts; Airport Code: CEF)

  • Westover AFB


    (about 25.4 miles in Chicopee, Massachusetts; Airport Code: CEF)

  • Newburgh Airport


    (about 27.4 miles in Norwich, Connecticut; Airport Code: NBJ)

  • Westfield Barnes Regional


    (about 27.9 miles in Westfield, Massachusetts; Airport Code: BAF)

  • Barnes Municipal


    (about 28.1 miles in Montgomery, Massachusetts; Airport Code: BAF)

  • Robertson Field


    (about 28.4 miles in Plainville, Connecticut; Airport Code: CT1)

  • Northampton Airport


    (about 35.3 miles in Northampton, Massachusetts; Airport Code: MA5)

  • Worcester Regional


    (about 38.0 miles in Worcester, Massachusetts; Airport Code: ORH)

  • Groton-New London


    (about 39.6 miles in Groton, Connecticut; Airport Code: GON)

  • Trumbull


    (about 39.6 miles in Groton, Connecticut; Airport Code: GON)

  • Griswold


    (about 41.4 miles in Clinton, Connecticut; Airport Code: MPE)

  • North Central State


    (about 44.7 miles in Smithfield, Rhode Island; Airport Code: SFZ)

  • Elizabeth Field


    (about 44.9 miles in Fishers Island, New York; Airport Code: FID)


(updated 2015)



Modes of Transportation in Tolland County, Connecticut

Car, Truck, Or Van:

 

Drove Alone

82.53%

Carpooled

8.51%

Public Transportation:

 

Bus Or Trolley Bus

1.27%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.02%

Ferryboat

0.0%

Taxicab

0.02%

Motorcycle

0.06%

Bicycle

0.14%

Walked

4.37%

Other Means

0.27%

Worked At Home

2.81%



(updated 2010)





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