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Fulton County, NY

Gloversville

RANK #252 / 996 NAT  ·  #12 / 45 NY  ·  POP 53,280

1YR FORECAST: +3.1%

5YR OUTLOOK: +30%

Our model projects above-average housing market growth for Fulton County at +3.1% over the next year.

[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] Top Employers

  1. 1
    The Arc Lexington Healthcare
    1,000+
  2. 2
    FAGE USA Manufacturing
  3. 3
    Walmart Food Distribution Center Logistics
  4. 4
    Crystal Geyser Manufacturing
  5. 5
    Benjamin Moore Manufacturing
  6. 6
    Taylor Made Products Manufacturing
  7. 7
    EPIMED Manufacturing
  8. 8
    Townsend Leather/The Stitch Manufacturing
  9. 9
    Vireo Health, Inc. Agriculture
  10. 10
    DHL Supply Chain Logistics

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
19.3%
of residents (national avg: 33%)

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] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.7
per 100K · nat avg 6.3
Firearm Fatalities
8.7
per 100K · nat avg 14.8
Injury Deaths
70.8
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] 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.

[07] 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.

[08] Frequently Asked Questions

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

With a Boom Town Index score of 74/100, Fulton County sits in the upper half of all 996 ranked counties. and median household income stands at $60,557 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in NY.

Is Fulton County affordable?

By national standards, Fulton County is quite affordable. Homes here have a median value of $142,000, and the income-to-home-value ratio of 0.43 is well above the U.S. average — especially with median rent at just $855/month. Residents can generally buy a home without being cost-burdened.

Is Fulton County growing or shrinking?

Fulton County is losing population (-0.6% YoY) while the job market is essentially flat (-0.1% employment change). Home values are +4.3% over the past 12 months. A slow-bleed pattern — not a collapse, but residents are leaving faster than employers are hiring.

Are people moving to Fulton County?

There's a moderate stream of newcomers. About 2.95% of residents moved from another state, which is above average and suggests Fulton County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Ontario County, NY 74 Onondaga County, NY 73 Wayne County, NY 73 Chemung County, NY 73 Herkimer County, NY 72 Schenectady County, NY 72 Lafayette County, MS 74 Eddy County, NM 74