Glens Falls Metro Area

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 around 125,000. Its population and employment had been growing steadily before the Great Recession, but growth has stalled since then. Though manufacturing remains an important source of jobs in the region, employment in this sector has been cut in half since 1990. The health care sector has helped compensate for these losses by adding a significant number of jobs. In addition, 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 125,000 880,000 306,000 19,454,000 328,240,000
Pop growth, 10-year change1 -2.8% 1.3% -3.7% 0.8% 7.0%
GDP, billions1 $7 $66 $14 $1,772 $21,433
Job growth, 5-year change1 -0.3% 5.0% 2.4% 7.4% 8.6%
Median household income1 $61,700 $71,550 $53,600 $71,600 $65,000
Median home price1 $175,000 $200,000 $120,000 $320,000 $230,000
Pop share age 25+ with BA+1 26.7% 39.5% 22.6% 37.8% 33.1%

1 2019

* 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, Moody's, or directly from source.

Reports & Analysis
Glens Falls Economic Indicators (detailed data and timely updates)
Regional Employment Trends (May 23, 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 Briefing on the Regional Economy with a Focus on Central New York (Jan 2020)
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