Top Industries in Groton
Groton is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Groton include:
Defense
The defense industry remains a cornerstone of Groton's economy, driven by the presence of the Naval Submarine Base New London.
Range: $60-$120k
Growth rate: 5%
Healthcare
Healthcare is a rapidly growing sector in Groton, with expansions in local hospitals and clinics.
Range: $50-$100k
Growth rate: 7%
Manufacturing
Manufacturing continues to be a significant contributor to Groton's economy, with a focus on precision and advanced manufacturing.
Range: $45-$90k
Growth rate: 4%
Some job openings:Pfizer is hiring: Production Supervisor, Quality Assurance Specialist
Renewable Energy
The renewable energy sector is emerging in Groton, driven by initiatives to increase sustainability and reduce carbon footprints.
Range: $55-$110k
Growth rate: 8%
Some job openings:Ørsted is hiring: Wind Turbine Technician, Environmental Analyst
Technology
Technology is gaining momentum in Groton, with a focus on IT services and software development.
Range: $70-$150k
Growth rate: 10%
Employment Trends and Growth Rates
Groton is witnessing a steady increase in job opportunities, particularly in the defense and healthcare sectors.
The city's job growth rate is projected to outpace the national average, driven by local industry expansions.
Income inequality remains a concern, with efforts underway to address disparities through education and training programs.
Job turnover rates are relatively low, indicating stable employment conditions in key industries.
Job Market for Remote and Freelance Workers in Groton
Remote work is becoming increasingly popular in Groton, with approximately 35% of the workforce engaged in remote roles.
The technology and marketing sectors are leading the charge in offering remote positions, with local companies adapting to this trend.
Groton's job boards are beginning to feature more remote opportunities, reflecting a national shift towards flexible work arrangements.
Job Resources and Networking
Groton offers a variety of job resources, including local job boards and career fairs.
The Groton Public Library hosts regular career workshops and resume-building sessions.
Local platforms such as GrotonJobs.com provide listings for job seekers.
Entrepreneurial hubs like the Thames River Innovation Place support startups and small businesses.
Property Prices Rankings
The Property Prices Rankings for the United States evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025
Full Property Prices Rankings