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Utica Metro Area

Located between Syracuse and Albany in the Mohawk Valley, the Utica-Rome metropolitan area has a population of almost 300,000. The area’s economy has struggled with population loss and sluggish employment growth 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 292,000 899,000 662,000 20,201,000 331,449,000
Pop growth, 10-year change1 -2.4% 3.3% -0.1% 4.2% 7.4%
GDP, billions1 $13 $66 $42 $1,725 $20,894
Job growth, 5-year change2 -5.6% -4.4% -5.1% -4.1% 1.2%
Median household income1 $56,000 $72,000 $63,000 $72,600 $67,000
Median home price1 $140,000 $210,000 $150,000 $350,000 $250,000
Pop share age 25+ with BA+1 26.9% 41.0% 32.2% 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
Press Briefing: The Region’s Recovery from the Pandemic Recession (April 13, 2023)
LSE Blog: The Tri-State Region’s Recovery from the Pandemic Recession Three Years On (April 13, 2023)
Regional Employment Trends (March 10, 2023)
Richard Deitz's Briefing on Regional Economic Conditions (March 7, 2023, New York State)
Press Briefing: Employment and Housing Conditions in the Second District (Nov 10, 2022)
A Look at the New York-Northern New Jersey Region’s Pandemic Housing Boom (Nov 10, 2022)
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)
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