Utica Metro Area

Located between Syracuse and Albany in the Mohawk Valley, the Utica-Rome metropolitan area has a population of around 300,000. The area’s economy has struggled in recent decades, with population declining 10 percent since 1970 and employment levels growing little since the 1990s. Historically, manufacturing accounted for a relatively large share of the local economy, with a particularly high concentration of both primary and fabricated metals production. Manufacturing employment has declined by more than half over the past few decades, though jobs in the health and education sector have offset some of these losses. Leisure and hospitality is also an important industry, with a local casino serving as a major employer in the area.

Economic and Demographic Trends
Utica Albany* Syracuse* New York State USA
Population1 291,000 883,000 651,000 19,542,000 327,167,000
Pop growth, 10-year change1 -2.5% 1.9% -1.3% 1.7% 7.6%
GDP, billions2 $11 $54 $34 $1,598 $19,485
Job growth, 5-year change1 1.3% 5.8% 2.4% 8.0% 9.3%
Median household income2 $50,000 $68,000 $56,000 $64,000 $60,000
Median home price2 $120,000 $200,000 $130,000 $300,000 $200,000
Pop share age 25+ with BA+2 22.5% 37.2% 31.8% 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
Utica Economic Indicators (detailed data and timely updates)
Early Benchmarked Employment Data (Oct 18, 2019)
Utica Household Debt & Credit Snapshot (data in Excel) (Q4 2018)
New York Household Debt & Credit Snapshot (Q4 2018)
Labor Markets in the Region Are Exceptionally Tight (Dec 4, 2018)
New York State's Community Colleges are Successfully Partnering with Employers (Nov 14, 2018)