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State economy

Connecticut economy

Connecticut's unemployment rate was 5.1% in September 2026, unchanged from the month before and 4.2% a year earlier. That ranks 50 of 51 (1 = lowest); the national rate was 4.1%. Employers had 1.73 million jobs on their payrolls in September 2026, a gain of 15,200 (+0.9%) from a year earlier. Home prices (FHFA index) were +5.7% from a year earlier in Q2 2026. Median household income was $101,400 in 2025.

5.1%
unemployment rate
September 2026
Unemployment rate5.1%Rank 50 of 51 (1 = lowest)
10-year range3.1–11.9%Low Apr 2023 · high May 2020
Nonfarm jobs1.73M+0.9% in a year · rank 14
Home prices (FHFA)+5.7%1-year change · Q2 2026 · 5-yr +56%
Median household income$101,4002025 · rank 11 of 51

Connecticut: unemployment rate

Connecticut unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 5.1%; high 11.9% on May 1, 2020; low 3.1% on Apr 1, 2023.2%4%6%8%10%12%20082010201220142016201820202022202420265.1%High 11.9%Low 3.1%

Connecticut: jobs, change from a year earlier

Connecticut nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest +0.9%; high +13.6% on Apr 1, 2021; low -17.1% on Apr 1, 2020.-20%-10%0%10%20%20052010201520202025+0.9%High +13.6%Low -17.1%

Connecticut: home prices, change from a year earlier

Connecticut FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +5.7%; high +16.9% on Apr 1, 2022; low -7.1% on Jan 1, 2010.-10%-5%0%5%10%15%20%20052010201520202025+5.7%High +16.9%Low -7.1%

Connecticut: median household income

Connecticut median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $101,400; high $101,400 on Jul 1, 2025; low $29,950 on Jul 1, 1984.$20,000$40,000$60,000$80,000$100,000$120,0001990199520002005201020152020$101,400Low $29,950

Other states

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).