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Saratoga County, NY

RANK #360 / 1001 NAT  ·  #25 / 45 NY  ·  POP 238,284

1YR FORECAST: +2.8%

5YR OUTLOOK: +31%

Saratoga County's housing market is projected to grow +2.8% over the next year, tracking near the national average.

[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.

MARKET PROFILE

Educated Suburban Growth

Saratoga County is one of 110 U.S. counties in this market profile — stronger than typical on the BoomTown Index. Within this cohort, its recent home-price change of +5.0% runs above the profile's typical +2.4%.

See all 110 Educated Suburban Growth counties →

[02] Market Snapshot

Housing Ratio
12.8x

Overvalued relative to economy

Home Prices
+5.0%

Outpacing national median

Climate & Terrain
0.1

Moderate climate & terrain

Price/Rent
16x

Above national median (15x)

Housing looks overvalued at 12.8x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    GlobalFoundries Manufacturing
    2,500+
  2. 2
    Saratoga Hospital Healthcare
  3. 3
    Target (Distribution Center) Retail
    1,000+
  4. 4
    U.S. Navy - Kesselring Site Military
    500+
  5. 5
    Stewart's Shops Retail
  6. 6
    Saratoga County Government Government
  7. 7
    Momentive Performance Materials Manufacturing
  8. 8
    Sysco Foodservice Logistics
  9. 9
    Skidmore College Education
    250+
  10. 10
    Quad Graphics, Inc. Manufacturing

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

[04] Home Value Growth vs National

Saratoga County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
238,284
+0.51% YoY
Median Household Income
$100,787
Median Home Value
$348,600
+5.0% 12mo
Median Rent
$1,394
Average Annual Pay
$69,182
+2.2% YoY
Employment
93,986
+1.3% YoY
Income-to-Home-Value
0.2891
More affordable than average
Migration Inflow
3.81%
of pop. from another state
Bachelor's Degree+
45.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$516,000
Days on Market
10
Very hot — homes selling fast
Months of Supply
2.8
Seller's market
Sale-to-List Ratio
102.4%
Homes selling above asking
Sold Above List
55.6%
Listings w/ Price Drops
16.5%
Building Permits (2025)
884
Single-Family Permits
813

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

[05] Crime & Safety

A
SAFETY
GRADE
Homicide Rate
0.7
per 100K · nat avg 6.3
Firearm Fatalities
3.4
per 100K · nat avg 14.8
Injury Deaths
47.3
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] Air Quality

B+
AIR QUALITY
GRADE
Median AQI (3yr)
31.3
Good
Good Air Days
97%
1,045 of 1,081 days
Unhealthy+ Days (3yr)
1
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
31
2022
32
2023
31
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

$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.

[08] Score Breakdown

Population Growth +0.5% 44 percentile
Income Growth +1.1% 17 percentile
Vacancy Rate 0.8% 70 percentile
Home Price Change +5.0% 87 percentile
Rent Growth +4.8% 76 percentile
Price/Rent 16x 42 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 64/100, Saratoga County sits in the upper half of all 1001 ranked counties. Employment is expanding at +1.3%, and median household income stands at $100,787 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in NY.

Is Saratoga County affordable?

Housing in Saratoga County is roughly in line with national affordability norms. The median home costs $348,600 and the income-to-home-value ratio sits at 0.29, with rents averaging $1,394/month. Not a bargain, but not a stretch for most local earners either.

Is Saratoga County growing or shrinking?

Saratoga County is growing on multiple fronts. Population is up +0.5% year-over-year while employers added jobs at a +1.3% clip — and home values reflect that momentum, rising +5.0% over the past 12 months.

Are people moving to Saratoga County?

There's a moderate stream of newcomers. About 3.81% of residents moved from another state, which is above average and suggests Saratoga County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Queens County, NY 63 St. Lawrence County, NY 66 Suffolk County, NY 67 Schenectady County, NY 61 Monroe County, NY 60 Clinton County, NY 60 Yakima County, WA 64 Clermont County, OH 64