Located just north of Albany in the Capital Region, the Glens Falls metropolitan area is one of New York’s smallest metropolitan areas, with a population of more than 125,000. Manufacturing is an important source of jobs in the region, particularly a thriving medical devices segment, though manufacturing employment as a whole has been cut substantially since 1990. Growth in the health care sector has helped mitigate some of these losses The area has a thriving leisure and hospitality sector, partly owing to Glens Falls’ access to recreational attractions such as the Adirondack Mountains, Lake George, and nearby ski resorts.
Economic and Demographic Trends
| Glens Falls | Albany* | North Country* | New York State | USA | |
| Population1 | 127,000 | 899,000 | 305,000 | 20,201,000 | 331,449,000 |
| Pop growth, 10-year change1 | -1.5% | 3.3% | -3.8% | 4.2% | 7.4% |
| GDP, billions1 | $7 | $66 | $14 | $1,725 | $20,894 |
| Job growth, 5-year change2 | -7.8% | -4.4% | -4.4% | -4.1% | 1.2% |
| Median household income1 | $63,200 | $72,000 | $56,000 | $72,600 | $67,000 |
| Median home price1 | $175,000 | $210,000 | $121,000 | $350,000 | $250,000 |
| Pop share age 25+ with BA+1 | 30.1% | 41.0% | 24.6% | 39.4% | 35.1% |
