Moving to Ledyard: Pros, Cons & What to Know
Moving to Ledyard means moving to a real, genuinely distinctive eastern Connecticut town whose economy is anchored by one of the Western Hemisphere's largest resort casinos, weighed honestly against an above-average local property tax burden.
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Learn moreA real, major regional employer: Foxwoods Resort Casino
Foxwoods Resort Casino is real, sited on the Mashantucket Pequot Reservation within Ledyard, and owned and operated by the federally recognized Mashantucket Pequot Tribal Nation. Foxwoods is genuinely one of the largest resort casinos in the Western Hemisphere, employing approximately 7,000-8,000 people and generating roughly $400 million in annual wages (base record).
Above-statewide-average income and home values
Ledyard's median household income (approximately $111,564, 2024) and its Zillow home-value index (approximately $423,345, +7.3% year-over-year) both run genuinely above Connecticut's own statewide medians, though this record discloses a real cross-source spread on the exact home-value figure ($408,837-$464,900 across sources) (base record).
Proximity to eastern Connecticut's broader maritime/defense job market
Ledyard sits within commuting range of Groton's Naval Submarine Base New London and Electric Boat shipyard, both real, major regional defense employers -- though this record does not claim those facilities sit within Ledyard's own town limits (base record).
An above-average property tax burden to budget around
Ledyard's own mill rate (37.14 for FY2025-2026) runs above Connecticut's statewide average, producing a computed effective property tax rate of approximately 2.60% of market value -- above the state's own 1.81% statewide average, a real trade-off against the town's above-average income and Foxwoods-anchored job base (base record).
Key takeaways
- Ledyard's genuine identity centers on Foxwoods Resort Casino, a major regional employer (7,000-8,000 jobs) unusual for a town of its size.
- Median household income (approximately $111,564) and home values run genuinely above Connecticut's statewide medians.
- Ledyard sits within commuting range of Groton's Electric Boat and Naval Submarine Base New London, real, major regional defense employers just outside its own borders.
- Ledyard's 37.14 mill rate produces a computed 2.60% effective property tax rate, above Connecticut's 1.81% statewide average.
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