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Real estate · Metro area · Connecticut

Real estate businesses in the Norwich-New London-Willimantic, CT metro area

Competitor counts, household spending and official business counts for real estate businesses in the Norwich-New London-Willimantic, CT metro area, set against other metro areas and the U.S.

Groundwork market score · out of 100

Score 80 out of 100: High

Ranked #8 of 387 scored metro areas
#2 of 5 scored metro areas based in Connecticut

Listings
276
19 chain locations (7%)
Official establishments
111
Businesses with payroll, 2023
Household spending a year
$2.2B
On rent and homeowner costs · $18,647 a household
Housing spending per listing (U.S. = 100)
181
81% above the U.S.
Listings per 10k households
23.8
38% below the U.S.
Population, 2025
284,015
+2.0% since 2020

See the real estate businesses around any address in the Norwich-New London-Willimantic metro area

The site report maps the real estate businesses on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Norwich-New London-Willimantic metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

For real estate businesses, the Norwich-New London-Willimantic metro area has a Groundwork market score of 80 (high): #8 of 387 scored metro areas and #2 of 5 scored metro areas based in Connecticut. That puts it in the top 10% of metro areas for real estate businesses.

Household spending on rent and homeowner costs in the Norwich-New London-Willimantic metro area comes to about $2.2B a year: $18,647 per household, 12% above the U.S. average. Housing spending per office is 81% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in.

There are 276 real estate businesses on map listings in the Norwich-New London-Willimantic metro area as of September 2026. Chain locations make up 7% of them, against 6% across the U.S. That is 23.8 per 10,000 households, 38% below the U.S. rate of 38.5.

The official count of businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in the Norwich-New London-Willimantic metro area was 111 in 2023. That is one for every 1,043 households, against one for every 414 across the U.S. Since fiscal 2022, 5 SBA-backed loans worth $2.1M have gone to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Norwich-New London-Willimantic metro area. Population estimates show the Norwich-New London-Willimantic metro area grew 2.0% from 2020 to 2025, slower than the U.S. (+3.1%).

How the Norwich-New London-Willimantic metro area compares

The same measures for Connecticut and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate in Norwich-New London-Willimantic, CT metro area compared with Connecticut and the U.S.
MeasureNorwich-New London-Willimantic metro areaConnecticutU.S.
Listings per 10k households23.835.538.5
Housing spending per listing (U.S. = 100)181129100
Households per official establishment1,043725414
Official establishment growth, 2019–2023n/a+0.2%+15.8%
Population growth, 2020–2025+2.0%+3.0%+3.1%
Spending per household on rent and homeowner costs$18,647$19,819$16,661
Median household income$86,586$95,781$80,734
Groundwork market score8081

Official counts and lending

Businesses

Official establishments, 2019 to 2023
111
Employees, 2023
351
Annual payroll, 2023
$20.5M
One-person businesses, 2023
1,113Businesses with no payroll
Map listings, September 2026
27619 chain locations
Listings at the U.S. rate for this spending
498The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
5
Amount
$2.1M

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Norwich-New London-Willimantic metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Norwich-New London-Willimantic metro area

Population, 2025 estimate
284,015+2.0% since 2020
Households
115,768
Median age
42.3
Homes lived in by their owners
65%
Vehicles per household
1.8
Land area
598 sq. mi.
People per square mile
468
Median household income
$86,586
Average household income
$111,769
Median home value
$323,400
Jobs located here
118,380
Daytime population
270,328Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Norwich-New London-Willimantic metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

Or open the report at the center of the Norwich-New London-Willimantic metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Real estate across Connecticut

Every Connecticut market ranked →

The highest-scoring metro areas in Connecticut for real estate businesses, numbered among those based in Connecticut, with the Norwich-New London-Willimantic metro area marked.

Top metro areas in Connecticut

Metro areas in Connecticut ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Waterbury-Shelton, CT8149027.2159+3.2%#6 of 387
2Norwich-New London-Willimantic, CT8027623.8181+2.0%#8 of 387
3Hartford-West Hartford-East Hartford, CT751,49632.2141+3.0%#20 of 387
4New Haven, CT7475432.7135+2.5%#24 of 387
5Bridgeport-Stamford-Danbury, CT531,88853.294+3.7%#157 of 387

Other business types in the Norwich-New London-Willimantic metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate businesses are in the Norwich-New London-Willimantic, CT metro area?

As of September 2026, map listings count 276 real estate businesses in the Norwich-New London-Willimantic metro area. 19 of them (7%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 111 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023. Official counts also show 1,113 one-person businesses without payroll.

How much do households in the Norwich-New London-Willimantic, CT metro area spend on rent and homeowner costs?

About $2.2B a year, or $18,647 per household. That is 12% above the U.S. average (an index of 112, where 100 is the U.S. average). For the 276 real estate businesses on map listings, housing spending per office is 81% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in. It is estimated from the incomes of the 115,768 households in the Norwich-New London-Willimantic metro area and national spending patterns by income.

How does the Norwich-New London-Willimantic, CT metro area compare with the U.S. for real estate businesses?

The Norwich-New London-Willimantic metro area has 23.8 real estate businesses per 10,000 households, 38% below the U.S. rate of 38.5. The index of housing spending per office is 181, where 100 is the U.S. At the U.S. ratio of real estate businesses to household spending, the Norwich-New London-Willimantic metro area would have about 498, against 276 on map listings. There is one business with payroll in the industry for every 1,043 households, against one for every 414 across the U.S.

How fast is the Norwich-New London-Willimantic, CT metro area growing?

Population estimates put the Norwich-New London-Willimantic metro area at 284,015 people in 2025, up 2.0% since 2020, slower than the U.S. (+3.1%). It has 115,768 households. Median household income in the Norwich-New London-Willimantic metro area is $86,586, 7% above the U.S. median of $80,734.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Norwich-New London-Willimantic metro area scores 80 for real estate businesses (high), #8 of 387 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Norwich-New London-Willimantic metro area. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate businesses · All 56 business types in the Norwich-New London-Willimantic metro area

Screening a site or an acquisition in the Norwich-New London-Willimantic metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Norwich-New London-Willimantic metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.