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Washington County, NY

RANK #337 / 996  ·  POP 61,310  ·  NY

PROJECTED GROWTH: +1.4%

Washington County combines solid growth with real affordability — a rare combination.

[01] Why Washington County?

Washington County, New York, known as the "Slate Capital of the World" for its unique red slate, sits at the eastern edge of New York, bordering Vermont. This largely rural and agricultural county is approximately 50 miles from Albany, the state capital. Commuting options include Amtrak service from Fort Edward and Whitehall, and bus services like Adirondack Trailways. The community offers a tranquil atmosphere with a focus on its natural landscape, bordered by Lake George and the Hudson River. Outdoor recreation is a significant draw, with opportunities for hiking, biking, boating, fishing, and skiing at Willard Mountain.

Life in Washington County is characterized by close-knit communities and a relatively low cost of living. The county is home to families, agricultural professionals, and creative entrepreneurs. While agriculture remains a cornerstone, manufacturing is the largest employment sector, with companies involved in medical instruments, paper products, and electronic components. The county is also seeing growth in healthcare and wellness services. Recent economic development efforts include the establishment of a land bank to revitalize properties and initiatives to foster private-sector industries.

[02] Market Snapshot

Housing Ratio
5.4x

Above national median (4.7x)

GDP Growth
+0.1%

Well below national median

Home Prices
+1.5%

Above national median

Climate & Terrain
-0.6

Below-average climate & terrain

Price/Rent
15x

Above national median (13x)

Housing is fairly valued at 5.4x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Washington County U.S. National

The Numbers

DEMOGRAPHICS
Population
61,310
-0.32% YoY
Median Household Income
$68,703
Median Home Value
$176,900
+1.47% 12mo
Median Rent
$964
Average Annual Pay
$62,139
+3.7% YoY
Employment
14,838
-0.2% YoY
Income-to-Home-Value
0.3884
More affordable than average
Migration Inflow
4.3%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$256,250
Days on Market
83
Slower market
Months of Supply
4.6
Balanced market
Sale-to-List Ratio
99.1%
Near asking price
Sold Above List
25.0%
Listings w/ Price Drops
24.3%
Building Permits (2024)
100
Single-Family Permits
100

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

[05] Capital Investment

$100M
TOTAL
PROJECT AMOUNT STATUS
Fort Edward Solar Project
Boralex
$100M Under Construction

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

[06] Score Breakdown

GDP Growth +0.1% 9 percentile
Population Growth -0.3% 15 percentile
Income Growth +7.6% 27 percentile
Vacancy Rate 1.0% 57 percentile
Home Price Change +1.5% 52 percentile
Price/Rent 15x 31 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Washington County has a Boom Town Index score of 66/100, ranking #337 among 996 U.S. counties. With job growth at -0.2% and a median household income of $68,703, it's an above-average county on economic indicators.

Is Washington County affordable?

The median home value in Washington County is $176,900 with median rent at $964/month. The income-to-home-value ratio is 0.3884, which is more affordable than the national average.

Is Washington County growing or shrinking?

Population growth: -0.3% year-over-year. Job growth: -0.2%. Home values changed +1.5% in the past 12 months.

Are people moving to Washington County?

Yes — 4.3% of Washington County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Monroe County, NY 76 Rock Island County, IL 76 Orange County, NY 76 Athens County, OH 76 Atlantic County, NJ 76 Roanoke County, VA 76 Cook County, IL 76 Grand Traverse County, MI 76