Why Choose the Hartford Region?

A Highly Skilled & Motivated Workforce

Educational Attainment

Connecticut ranks third in the nation for advanced degrees. 34.9% of residents in the Hartford County Metropolitan Statistical Area have at least a Bachelor’s degree. 


Sources: Connecticut Department of Economic and Community Development (DECD); American FactFinder, census.gov

Productivity

The workforce is not only highly educated, but industrious – ranking #5 in the U.S. for productivity. If Connecticut were a country, it would be the sixth-most productive in the world.
Source: “The Connecticut Economic Review” 2017

Employment

The August 2018 unemployment rate for Connecticut is estimated at 4.3% (seasonally adjusted), down one-tenth of a point from July 2018 and down two-tenths of a percentage point from a year ago when it was 4.5%. The US jobless rate in August 2018 was 3.9%, unchanged from July 2018.
Source: Connecticut Department of Labor, September 2018

A Strategic Location

The Hub of the Northeast

More than 23.5 million people live within a 2-hour drive of Hartford. Within 200 miles, you will find:
 • 21 million jobs
 • 2 million companies
 • 13% of the U.S. economy
 • 66% of the Canadian economy

Hartford drive time to major cities

 

An estimated 33% of U.S. and 68% of Canadian residents and consumers are within a day’s drive of New England’s Knowledge Corridor (see map). The Corridor stretches from Springfield, Mass. to New Haven, Conn. and is home to 41 colleges and universities and 215,000 students.

The Hartford Region's extensive transportation network includes major interstates, an international airport, easy access to rail service, and regional bus and Bus Rapid Transit service.

Industry Concentration

 • Aerospace
 • Hydrogen and Fuel Cell Technology
 • Insurance and Financial Services
 • Laser and Precision Manufacturing
 • Healthcare, Biotech and Medical Devices

Sources: “The Connecticut Advantage,” Connecticut DECD; New England’s Knowledge Corridor

Employment by Industry

577,300 workers are employed in a variety of industries in the Hartford Labor Market Area.

Employment-by-Industry-website_bar-graph-JULY_2018

Source: Hartford Labor Market Area (73450) current employment statistics as of July 2018 (not seasonally adjusted), Connecticut Department of Labor

Exceptional Quality of Life

The Hartford Region holds more than 150 local arts, cultural and heritage organizations including the Wadsworth Atheneum and the New Britain Museum of American Art; the Tony Award− winning Hartford Stage; the Mark Twain House and Harriet Beecher Stowe Center; and Bushnell Park, America’s first public park. We are home to nationally ranked high schools and colleges. Our scenic countryside includes nature preserves, hiking and biking trails, vineyards and seasonal farmstands. Local athletics include the Hartford Yard Goats, UConn Huskies and the Travelers Championship PGA Tour golf tournament.

For More Information

The MetroHartford Alliance offers site location assistance, market research, demographic and market data, economic development programs and incentives, business advocacy, a liaison between business & government, and an International Business Center. Find out how we can help you today.

Contact:
Rebecca A. Nolan
Vice President of Global Business Development
MetroHartford Alliance
31 Pratt Street, 5th Floor
Hartford, CT 06103, USA
860.728.2280
rnolan@metrohartford.com

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