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Fulton County, NY

RANK #137 / 996  ·  POP 53,280  ·  NY

PROJECTED GROWTH: +2.5%

Fulton County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Fulton County?

Fulton County, New York, is often recognized for its "Land of 44 Lakes" designation, with Great Sacandaga Lake being a prominent feature, offering extensive outdoor recreation. Located in east-central New York, northwest of Albany, the county sits in the foothills of the Adirondack Mountains, with nearly 60% of its area within the Adirondack Park. This provides a backdrop for activities like hiking, fishing, boating, and winter sports. The county seat, Johnstown, and the most populous city, Gloversville, were historically known as the "Glove Cities" due to their past as a major center for leather tanning and glove manufacturing. Commute times within the county are generally short, and Albany is approximately 40 minutes away.

Life in Fulton County offers a small-town lifestyle with a reasonable cost of living. The community has a diversified economy, with healthcare being the largest industry, alongside a manufacturing base. Educational opportunities include several public school districts, such as Broadalbin-Perth and Johnstown, and Fulton-Montgomery Community College. Recent economic developments show investment flowing into sectors like renewable energy and infrastructure, with efforts to attract new businesses and expand tourism. The county also focuses on revitalizing its downtown areas in Gloversville and Johnstown, aiming to create walkable neighborhoods with diverse housing and retail options.

[02] Market Snapshot

Housing Ratio
4.0x

Below national median (4.7x)

GDP Growth
+1.4%

Below national median

Home Prices
+4.3%

Outpacing national median

Climate & Terrain
-0.2

Below-average climate & terrain

Price/Rent
14x

Above national median (13x)

Housing is fairly valued at 4.0x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Fulton County U.S. National

The Numbers

DEMOGRAPHICS
Population
53,280
-0.57% YoY
Median Household Income
$60,557
Median Home Value
$142,000
+4.33% 12mo
Median Rent
$855
Average Annual Pay
$54,770
+3.9% YoY
Employment
16,102
-0.1% YoY
Income-to-Home-Value
0.4265
More affordable than average
Migration Inflow
2.95%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$149,950
Days on Market
21
Active market
Months of Supply
3.6
Balanced market
Sale-to-List Ratio
96.6%
Negotiation room for buyers
Sold Above List
22.2%
Listings w/ Price Drops
16.3%
Building Permits (2024)
60
Single-Family Permits
60

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$250M
TOTAL
PROJECT AMOUNT STATUS
Renewable Energy Portfolio (Wind and Solar Farms)
Wesson Group
$100M Planned
Tryon Technology Park Infrastructure Investment
Fulton County Industrial Development Agency (IDA)
$50M Planned
Hales Mills Development Area Infrastructure & Mixed-Use
Fulton County/Local Developers
$50M Planned
Vail Mills Development Area Mixed-Use
Fulton County/Local Developers
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +1.4% 24 percentile
Population Growth -0.6% 9 percentile
Income Growth +9.6% 75 percentile
Vacancy Rate 0.8% 77 percentile
Home Price Change +4.3% 86 percentile
Price/Rent 14x 46 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Fulton County, NY a good place to move to?

Fulton County has a Boom Town Index score of 86/100, ranking #137 among 996 U.S. counties. With job growth at -0.1% and a median household income of $60,557, it's an above-average county on economic indicators.

Is Fulton County affordable?

The median home value in Fulton County is $142,000 with median rent at $855/month. The income-to-home-value ratio is 0.4265, which is more affordable than the national average.

Is Fulton County growing or shrinking?

Population growth: -0.6% year-over-year. Job growth: -0.1%. Home values changed +4.3% in the past 12 months.

Are people moving to Fulton County?

Yes — 2.95% of Fulton County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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