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 about 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 lost 10 percent of its population and employment since 1990, and its manufacturing base has been cut in half since then. While many places in upstate New York have suffered from manufacturing job losses, growth in the education and health sector has helped to ameliorate those losses. In Elmira, by contrast, the education and health sector has seen little growth. Likewise, growth in Elmira’s professional-and-business and leisure-and-hospitality sectors—which have also helped other areas fill the void of lost manufacturing jobs—has been lackluster.

Economic and Demographic Trends
Elmira Ithaca* Binghamton* New York State USA
Population1 84,000 103,000 240,000 19,542,000 327,167,000
Pop growth, 10-year change1 -4.8% 2.4% -4.9% 1.7% 7.6%
GDP, billions2 $3 $5 $10 $1,598 $19,485
Job growth, 5-year change1 -3.5% 3.9% -1.5% 8.0% 9.3%
Median household income2 $50,000 $57,000 $50,000 $64,000 $60,000
Median home price2 $100,000 $200,000 $109,000 $300,000 $200,000
Pop share age 25+ with BA+2 23.9% 52.2% 26.8% 36.0% 32.0%

1 2018

2 2017

* 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 American FactFinder, Moody's Economy.com, or directly from source.

Reports & Analysis
Elmira Economic Indicators (detailed data and timely updates)
Early Benchmarked Employment Data (Sep 3, 2020)
Jason Abel’s Briefing on the New York State Economy During the Pandemic (September 30, 2020)
Tracking the Spread of COVID-19 in the Region (August 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)
Elmira Household Debt & Credit Snapshot (data in Excel) (Q4 2018)
New York Household Debt & Credit Snapshot (Q4 2018)
Jaison Abel’s January 2020 Briefing on the Regional Economy with a Focus on Central New York
Press Briefing on Economic Conditions in the Region (Dec 17, 2019 Webcast)
Growth Has Slowed across the Region (Dec 17, 2019)
New York State's Community Colleges are Successfully Partnering with Employers (Nov 14, 2018)