Groundwork

Real estate · Small-town market · Connecticut

Real estate businesses in the Torrington, CT area

Competitor counts, household spending and official business counts for real estate businesses in the Torrington, CT area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 69 out of 100: Upper middle

Ranked #56 of 536 scored small-town markets
#2 of 2 scored small-town markets based in Connecticut

Listings
114
10 chain locations (9%)
Official establishments
52
Businesses with payroll, 2023
Household spending a year
$935.7M
On rent and homeowner costs · $19,556 a household
Housing spending per listing (U.S. = 100)
189
89% above the U.S.
Listings per 10k households
23.8
38% below the U.S.
Population, 2025
114,690
+2.2% since 2020

See the real estate businesses around any address in the Torrington 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 Torrington area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

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

What this means

Household spending on rent and homeowner costs in the Torrington area comes to about $935.7M a year: $19,556 per household, 17% above the U.S. average. Housing spending per office is 89% 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 114 real estate businesses on map listings in the Torrington area as of September 2026. 10 of them (9%) are chain locations, against 6% across the U.S. Per 10,000 households, that is 23.8, 38% below the U.S. rate of 38.5.

In 2023, official counts showed 52 businesses with payroll in the Torrington area classed as real estate agents, property managers, mortgage lenders and inspectors. That is one for every 920 households, against one for every 414 across the U.S. Official counts also show 684 one-person businesses without payroll.

Population estimates show the Torrington area grew 2.2% from 2020 to 2025, slower than the U.S. (+3.1%). For real estate businesses, the Torrington area has a Groundwork market score of 69 (upper middle): #56 of 536 scored small-town markets and #2 of 2 scored small-town markets based in Connecticut. That puts it in the top quarter of small-town markets.

How the Torrington 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 Torrington, CT area compared with Connecticut and the U.S.
MeasureTorrington areaConnecticutU.S.
Listings per 10k households23.835.538.5
Housing spending per listing (U.S. = 100)189129100
Households per official establishment920725414
Official establishment growth, 2019–2023n/a+0.2%+15.8%
Population growth, 2020–2025+2.2%+3.0%+3.1%
Spending per household on rent and homeowner costs$19,556$19,819$16,661
Median household income$93,551$95,781$80,734
Groundwork market score6981

Official counts and lending

Businesses

Official establishments, 2019 to 2023
52
Employees, 2023
100
Annual payroll, 2023
$8.3M
One-person businesses, 2023
684Businesses with no payroll
Map listings, September 2026
11410 chain locations
Listings at the U.S. rate for this spending
216The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Torrington 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 Torrington area

Population, 2025 estimate
114,690+2.2% since 2020
Households
47,845
Median age
47.0
Homes lived in by their owners
76%
Vehicles per household
1.9
Land area
787 sq. mi.
People per square mile
144
Median household income
$93,551
Average household income
$131,679
Median home value
$335,600
Jobs located here
36,871
Daytime population
93,666Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Torrington area?

These figures cover the whole small-town market. 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 Torrington area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Real estate across Connecticut

Every Connecticut market ranked →

The highest-scoring small-town markets in Connecticut for real estate businesses, numbered among those based in Connecticut, with the Torrington area marked.

Top small-town markets in Connecticut

Small-town markets in Connecticut ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Putnam, CT817719.5224+3.0%#6 of 536
2Torrington, CT6911423.8189+2.2%#56 of 536

Other business types in the Torrington area

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

Questions

How many real estate businesses are in the Torrington, CT area?

As of September 2026, map listings count 114 real estate businesses in the Torrington area. 10 of them (9%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 52 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023. Another 684 one-person businesses have no payroll, by official counts.

How much do households in the Torrington, CT area spend on rent and homeowner costs?

About $935.7M a year, or $19,556 per household. That is 17% above the U.S. average (an index of 117, where 100 is the U.S. average). For the 114 real estate businesses on map listings, housing spending per office is 89% 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 47,845 households in the Torrington area and national spending patterns by income.

How does the Torrington, CT area compare with the U.S. for real estate businesses?

The Torrington 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 189, where 100 is the U.S. At the U.S. ratio of real estate businesses to household spending, the Torrington area would have about 216, against 114 on map listings. There is one business with payroll in the industry for every 920 households, against one for every 414 across the U.S.

How fast is the Torrington, CT area growing?

Population estimates put the Torrington area at 114,690 people in 2025, up 2.2% since 2020, slower than the U.S. (+3.1%). It has 47,845 households. Median household income in the Torrington area is $93,551, 16% 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. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. 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 Torrington area scores 69 for real estate businesses (upper middle), #56 of 536 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Torrington 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 Torrington area

Screening a site or an acquisition in the Torrington 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 Torrington 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.