Monday, February 22, 2016

046. Viewing New Canaan Primarily as a Nursery

The demographics profile of New Canaan shows two significant deviations from US averages.

The population shows a significant increase in school-age population (ages 4 to 20)
while at the same time supporting a peak in child rearing age (ages 35 to 55),

Home ownership becomes necessary for adults after the age of 25, but ceases to have utility after children grow up after the age of 59.

CONCLUSION: Demographics, housing occupancy and social life is centered around New Canaan children. The consequence is high home ownership turnover and retirement years  that are slightly better than national averages.

SOURCE: http://www.bestplaces.net/people/city/connecticut/new_canaan

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