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Many of the upstate cities are "doughnuting". There is stagnant metro area growth (or loss...). The suburbs are growing in many spots, but because the city core is dropping rapidly..one does not see much growth in the metro areas. I'd say the Watertown area would be the biggest gainer in both city and metro...because of Chimp's escapade in Iraq.
taxes in the city are awful, they keep raising them - fewer people to tax.... - school and property taxes are obscenely high in Rochester/Bufflao area -why would anyone move there? The house prices are HIGH in the suburbs of both cities - those really cheap house prices are mostly in the crack neighborhoods..when you add the house price to taxes, upstate is no bargain. I moved - couldnt' afford it anymore.
New industries in the rust belt arent slowing the overall brain drain. People are still talking about cities like Pittsburgh and Cleveland "coming back" with new industries. The medical end is just a drop in the bucket. Like Buffalo...a few new industries are not stopping the exodus. Why did Ted's put a hot dog stand in Phoenix?;p
As far as the tri state area...its getting pricey, but the NYC area economy humms along and is diverse and incredibly resilient. There will always be a demand for housing in the tri-state area. It's always been pricier to live down there..and many people simply hand down their houses to the younger generation. Lots of people do that. Additionally, people WANT to live here...unlike some places on the I-90 NY corridor (the weather up there is a MAJOR issue with people). I love upstate NY (I have a camp north of Watertown)...but the economic realities dont bode well long term. New industries can go south, without all the regulation, right-to-work-states, better weather, and less hassle, and its not freezing with a slate gray sky all winter. NYC is a great big hassle IMHO...but its a major world city. Upstate NY is going the way of Youngstown. But you'll still have Wegmans.
what about the Lake Champlain area? It looks charming - Essex etc. - is that a bad place to puchase a second home for retirement/investment?
What area around there would be a good boomer retirement town?
what about the Lake Champlain area? It looks charming - Essex etc. - is that a bad place to puchase a second home for retirement/investment?
What area around there would be a good boomer retirement town?
And boy do I miss Wegmans...
I would look at the Capital Region/Saratoga/Lake George Area... I have family in Essex & Clinton Counties. They are both very beautiful, but very rural. My family lives in a small town in Essex County, about 35 mins from Plattsburgh, which is where you'll have to do all of your shopping. The Lake George/Saratoga/Capital Region Area is much more accessible and yet still pretty at the same time. They have the outlets up in Lake George, and a bunch of other neat shops. Same goes for Saratoga, alot of neat shops downtown. Overall I find the area to be the most sustainable place in NY to live (outside of NYC). Buffalo and Rochester are slowly falling off the map. Sorry to be so blunt, just speaking the truth!
Don't worry, I did this research for myself. I'm just sharing it as it might be useful to some of you.
*This does NOT include the Lower Hudson Valley or any suburbs of NYC. Only includes places that had over 300 new single family homes built between 2000 and 2006.
Rochester Area
Webster 1,757
Greece 1,479
Henrietta 1,176
Penfield 918
Victor 804
Perinton 785
Chili 779
Pittsford 661
Ogden 545
Canandaigua 441
Parma 427
Ontario 407
Farmington 300
Buffalo Area
Amherst 1,542
Hamburg 1,378
Clarence 1,328
Lancaster 1,184
Wheatfield 1,179
Lockport 719
Orchard Park 705
Grand Island 597
West Seneca 479
Elma 318
No towns around Utica, Binghamton, Ithaca, or Elmira exceeded 300 SF building permits built between 2000 and 2006- that's why they aren't on the list of fastest growing towns in Upstate NY.
I know this thread is ancient, but I decided to run some new numbers from 2010 through August 2016 in these towns. *I was unable to find a few locations* This is the site I used (it has the same data as above).
Rochester Area
Webster 383
Greece 622
Henrietta 720
Penfield 733
Victor 470
Perinton 286
Chili 252
Pittsford 240
Ogden 233
Canandaigua 464
Parma 167
Ontario 134
Farmington 419
Buffalo Area
Amherst 557
Hamburg 699
Clarence 664
Lancaster 886
Wheatfield 309
Lockport 175
Orchard Park 343
Grand Island 282
West Seneca 316
Elma 221
As was expected, most towns roughly halved their number of permits in comparison with the pre-recession peak. What i found most interesting was the fact that for every metro area, the community with the most building permits changed between 2006 and 2016.
Don't worry, I did this research for myself. I'm just sharing it as it might be useful to some of you.
*This does NOT include the Lower Hudson Valley or any suburbs of NYC. Only includes places that had over 300 new single family homes built between 2000 and 2006.
Rochester Area
Webster 1,757
Greece 1,479
Henrietta 1,176
Penfield 918
Victor 804
Perinton 785
Chili 779
Pittsford 661
Ogden 545
Canandaigua 441
Parma 427
Ontario 407
Farmington 300
Buffalo Area
Amherst 1,542
Hamburg 1,378
Clarence 1,328
Lancaster 1,184
Wheatfield 1,179
Lockport 719
Orchard Park 705
Grand Island 597
West Seneca 479
Elma 318
No towns around Utica, Binghamton, Ithaca, or Elmira exceeded 300 SF building permits built between 2000 and 2006- that's why they aren't on the list of fastest growing towns in Upstate NY.
Full list from 2010 to 2016
Glens Falls
Wilton-302
Queensbury-331
Capital District
Clifton Park-437
Colonie-872
Bethlehem-304
Halfmoon-1,026
Saratoga Springs-343
Guilderland-425
Malta-306
East Greenbush-115
Niskayuna-244
Glenville-87
Moreau-232
Greenfield-115
Schodack-143
Ballston-409
Stillwater-195
To add to an old thread, someone mentioned missing Wegmans after moving. They probably know now that Wegmans has moved into Maryland, Virginia and have stores planned in North Carolina.
I am still looking for reports on the advances in nanotechnology industry that was supposed to help the Central NY area. Seems like there are big announcements and then it fizzles out. Hope I am wrong.
To add to an old thread, someone mentioned missing Wegmans after moving. They probably know now that Wegmans has moved into Maryland, Virginia and have stores planned in North Carolina.
I am still looking for reports on the advances in nanotechnology industry that was supposed to help the Central NY area. Seems like there are big announcements and then it fizzles out. Hope I am wrong.
You really should look at these "jobs" more closely I went to Danfoss site and they show 7 potential jobs for Utica and I would bet most of the links you find are only a handful of positions at best, that's not growth. One local business here Altria currently has 35 open positions just in our city and Dominion Power is showing 12 spots. And our county has had 562 single family home permits for 2017 so far now that's growth.....
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