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Oneida County, NY

Utica

RANK #135 / 996 NAT  ·  #5 / 45 NY  ·  POP 231,055

1YR FORECAST: +4.4%

5YR OUTLOOK: +34%

Our model projects Oneida County's housing market to grow +4.4% over the next year, significantly outpacing the national average.

[01] Why Oneida County?

Oneida County, New York, distinguishes itself with a blend of historical significance and natural beauty, situated in the central part of the state, east of Syracuse and west of Albany. The county seat, Utica, offers a dynamic arts scene, while Rome is recognized for its military history, including Fort Stanwix National Monument. A portion of the Adirondack Park lies within the county's northeastern section, and Oneida Lake borders its northwestern corner, providing opportunities for boating, fishing, and other water sports. Commutes within the county are often short, allowing for more personal time.

Life in Oneida County offers a balance of community and access to nature. Families benefit from local schools, including top-ranked New Hartford Senior High School and Whitesboro High School. The economy is diverse, with ongoing investments in sectors like data centers and manufacturing. Tourism also plays a significant role, contributing to local businesses and generating tax revenue. Residents can access public transportation options, including bus services, connecting various communities within the county and to nearby cities.

[02] Market Snapshot

Housing Ratio
3.1x

Undervalued relative to economy

GDP Growth
+2.1%

Below national median

Home Prices
+7.4%

Outpacing national median

Climate & Terrain
-1.6

Below-average climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks undervalued at 3.1x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Oneida Indian Nation (Turning Stone Resort Casino) Hospitality
    2,500+
  2. 2
    Mohawk Valley Health System Healthcare
  3. 3
    St. Elizabeth Medical Center Healthcare
    1,000+
  4. 4
    Rome Memorial Hospital Healthcare
  5. 5
    Conmed Corporation Manufacturing
    500+
  6. 6
    Partech Inc Technology
  7. 7
    Hamilton College Education
  8. 8
    Mohawk Valley Community College Education
  9. 9
    Daimler Bus Manufacturing
  10. 10
    Graphic Arts Mutual Insurance Co Finance

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

[04] Home Value Growth vs National

Oneida County U.S. National

The Numbers

DEMOGRAPHICS
Population
231,055
-0.42% YoY
Median Household Income
$66,402
Median Home Value
$157,600
+7.42% 12mo
Median Rent
$889
Average Annual Pay
$61,102
+3.8% YoY
Employment
102,542
+1.6% YoY
Income-to-Home-Value
0.4213
More affordable than average
Migration Inflow
3.1%
of pop. from another state
Bachelor's Degree+
27.3%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$201,000
Days on Market
60
Slower market
Months of Supply
3.0
Balanced market
Sale-to-List Ratio
95.8%
Negotiation room for buyers
Sold Above List
22.9%
Listings w/ Price Drops
15.6%
Building Permits (2024)
221
Single-Family Permits
125

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

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.5
per 100K · nat avg 6.3
Firearm Fatalities
8.1
per 100K · nat avg 14.8
Injury Deaths
82.0
per 100K · nat avg 76.3
vs National Average
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] Air Quality

B+
AIR QUALITY
GRADE
Median AQI (3yr)
27.7
Good
Good Air Days
85%
874 of 1,030 days
Unhealthy+ Days (3yr)
7
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
25
2022
26
2023
32
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$1,199M
TOTAL
PROJECT AMOUNT STATUS
Wolfspeed Mohawk Valley Fab
Wolfspeed
$1,000M Operating
New York State Data Center (Utica Area)
New York State Legislature
$99M Proposed
Community Solar Portfolio (13 projects)
Various (e.g., DOCCS Midstate, Whaling Solar, Distributed Solar Development, Onsite Partners, LLC)
$50M Operating/Under Construction/Planned
Cornhill Revitalization Public Realm Improvement Plan & Impact Centers
Oneida County, City of Utica, Community Foundation of Herkimer and Oneida Counties
$50M Planned

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

[08] Score Breakdown

GDP Growth +2.1% 36 percentile
Population Growth -0.4% 12 percentile
Income Growth +7.6% 27 percentile
Vacancy Rate 1.2% 39 percentile
Home Price Change +7.4% 98 percentile
Rent Growth +4.9% 78 percentile
Price/Rent 10x 92 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

Oneida County ranks #135 out of 996 U.S. counties on the Boom Town Index with a score of 86/100, putting it in the top tier nationally. Job growth of +1.6% and a median household income of $66,402 point to a county with active economic momentum.

Is Oneida County affordable?

By national standards, Oneida County is quite affordable. Homes here have a median value of $157,600, and the income-to-home-value ratio of 0.42 is well above the U.S. average — especially with median rent at just $889/month. Residents can generally buy a home without being cost-burdened.

Is Oneida County growing or shrinking?

Employers in Oneida County are hiring — job growth of +1.6% — but the population is close to flat (-0.4% YoY). Home values moved +7.4% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Oneida County?

There's a moderate stream of newcomers. About 3.1% of residents moved from another state, which is above average and suggests Oneida County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

How is the housing market in Oneida County?

Home values climbed +7.4% year-over-year, which is a solid pace of appreciation. The median home in Oneida County is now valued at $157,600. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[10] Similar Counties by Size & Score

Chautauqua County, NY 83 Jefferson County, NY 82 Broome County, NY 91 Warren County, NY 91 Cayuga County, NY 81 Madison County, NY 80 Jefferson County, MO 86 Minnehaha County, SD 86