Elmira Metro Area

Elmira is located in the Southern Tier region of New York State near the Pennsylvania border, and the metropolitan area is home to almost 85,000 people. As in other parts of upstate New York that are dependent on manufacturing, Elmira’s economy has been struggling for decades. The area has seen a significant decline in its population, and its manufacturing base has been cut in half since the 1990s. The education and health care sector has been a stabilizing force in the metropolitan area, though this and other sectors have seen little growth.

Economic and Demographic Trends
Elmira Ithaca* Binghamton* New York State USA
Population1 84,000 106,000 247,000 20,201,000 331,449,000
Pop growth, 10-year change1 -5.3% 4.1% -1.8% 4.2% 7.4%
GDP, billions1 $4 $6 $11 $1,725 $20,894
Job growth, 5-year change2 -8.0% -6.2% -8.1% -4.1% 1.2%
Median household income1 $53,000 $63,800 $52,200 $72,600 $67,000
Median home price1 $112,000 $210,000 $125,000 $350,000 $250,000
Pop share age 25+ with BA+1 26.2% 52.4% 28.3% 39.4% 35.1%

1 2020

2 2021

* Neighboring Metros

Sources: U.S. Census Bureau; U.S. Bureau of Labor Statistics; U.S. Bureau of Economic Analysis; IPUMS USA-University of Minnesota. Data retrieved through data.census.gov, Moody's Economy.com, or directly from source.

Reports & Analysis
Regional Employment Trends (September 16, 2022)
Press Briefing on the Regional Economic Recovery (Dec 17, 2021)
Jaison Abel's Briefing on Economic Conditions in the Region (Nov 5, 2021)
Severe Supply Disruptions Are Impeding Business Activity in the Region (Oct 21, 2021)
Jaison Abel’s Briefing on the New York State Economy During the Pandemic (Sep 30, 2020)
Tracking the Spread of COVID-19 in the Region (Aug 27, 2020)
Jason Bram's Briefing on Regional Economic Conditions During the Pandemic (July 14, 2020)
Finally, Some Signs of Improvement in the Regional Economy (Jun 16, 2020)
New York Fed Surveys: Business Activity in the Region Sees Historic Plunge in April (Apr 16, 2020)
Businesses in the Tri-State Region Struggling to Weather the Coronavirus Outbreak (Mar 30, 2020)
Jaison Abel’s January 2020 Briefing on the Regional Economy with a Focus on Central New York
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