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Saratoga County, NY

RANK #82 / 996  ·  POP 236,328  ·  NY

PROJECTED GROWTH: +3.1%

Saratoga County is one of America's fastest-growing metros, with explosive job creation driving its boom.

[01] Why Saratoga County?

Saratoga County, New York, is widely recognized for the Saratoga Race Course, an internationally renowned thoroughbred horse racing track that has operated since 1863. Located north of Albany, the county offers a blend of historic charm and natural beauty, serving as a gateway to the Adirondack Mountains and State Park. Commuting to Albany is feasible, and within the county, public transportation options like CDTA buses and a seasonal trolley are available, particularly in Saratoga Springs. The community provides diverse living environments, from the lively Saratoga Springs to quieter towns like Ballston Spa and Clifton Park, which are popular with families. Outdoor recreation is abundant, with opportunities for hiking, biking, golf, and water sports at places like Saratoga Spa State Park and Moreau Lake State Park.

Life in Saratoga County appeals to a range of residents, including families and those seeking a balance of urban amenities and natural surroundings. The public school districts, such as Saratoga Springs City School District and Shenendehowa Central School District, are highly rated. The economy is experiencing growth, driven by investments in advanced manufacturing, particularly in the semiconductor industry with companies like GlobalFoundries, and the expanding life sciences and healthcare sectors. Tourism, supported by attractions like the Saratoga Race Course and Saratoga Performing Arts Center, also remains a significant economic factor.

[02] Market Snapshot

Housing Ratio
5.6x

Above national median (4.7x)

GDP Growth
+2.2%

Below national median

Home Prices
+3.9%

Outpacing national median

Climate & Terrain
0.1

Moderate climate & terrain

Price/Rent
14x

Above national median (13x)

Housing is fairly valued at 5.6x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Saratoga County U.S. National

The Numbers

DEMOGRAPHICS
Population
236,328
+0.56% YoY
Median Household Income
$97,038
Median Home Value
$306,000
+3.89% 12mo
Median Rent
$1,305
Average Annual Pay
$67,685
+1.2% YoY
Employment
92,800
+3.6% YoY
Income-to-Home-Value
0.3171
More affordable than average
Migration Inflow
3.56%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$455,000
Days on Market
22
Active market
Months of Supply
2.9
Seller's market
Sale-to-List Ratio
100.1%
Homes selling above asking
Sold Above List
39.8%
Listings w/ Price Drops
9.9%
Building Permits (2024)
1,112
Single-Family Permits
734

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

[05] Capital Investment

$17,128M
TOTAL
PROJECT AMOUNT STATUS
GlobalFoundries Fab 8 Expansion
GlobalFoundries
$15,000M Planned
Regeneron Pharmaceuticals Saratoga Springs Facility
Regeneron Pharmaceuticals
$2,000M Planned
The Reserve at Saratoga Springs (Affordable Housing)
NRP Group
$78M Completed
Community Solar Portfolio (Multiple Projects)
Various (e.g., Green Street Power Partners, US Light Energy)
$50M Operating/Planned

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

[06] Score Breakdown

GDP Growth +2.2% 40 percentile
Population Growth +0.6% 55 percentile
Income Growth +6.9% 16 percentile
Vacancy Rate 1.1% 47 percentile
Home Price Change +3.9% 82 percentile
Rent Growth +6.5% 89 percentile
Price/Rent 14x 39 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Saratoga County has a Boom Town Index score of 92/100, ranking #82 among 996 U.S. counties. With job growth at +3.6% and a median household income of $97,038, it's an above-average county on economic indicators.

Is Saratoga County affordable?

The median home value in Saratoga County is $306,000 with median rent at $1,305/month. The income-to-home-value ratio is 0.3171, which is more affordable than the national average.

Is Saratoga County growing or shrinking?

Population growth: +0.6% year-over-year. Job growth: +3.6%. Home values changed +3.9% in the past 12 months.

Are people moving to Saratoga County?

Yes — 3.56% of Saratoga 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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