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Washington County, NY

Kingsbury

RANK #435 / 996 NAT  ·  #26 / 45 NY  ·  POP 61,310

1YR FORECAST: +1.2%

5YR OUTLOOK: +25%

Washington County's housing market is projected to grow +1.2% over the next year, tracking near the national average.

[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] Top Employers

  1. 1
    Washington County Government Government
    2,500+
  2. 2
    Healthcare & Social Assistance (various employers) Healthcare
  3. 3
    Manufacturing (various employers) Manufacturing
  4. 4
    Retail Trade (various employers) Retail
  5. 5
    Fort Miller Group, Inc. Manufacturing
  6. 6
    Irving Tissue, Inc. Manufacturing
  7. 7
    Centers Health Care Healthcare
  8. 8
    Telescope Casual Furniture Manufacturing
  9. 9
    Fort Hudson Health System Healthcare
  10. 10
    Hollingsworth and Vose Manufacturing

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

[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
Bachelor's Degree+
21.1%
of residents (national avg: 33%)

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] Crime & Safety

B
SAFETY
GRADE
Firearm Fatalities
8.5
per 100K · nat avg 14.8
Injury Deaths
70.9
per 100K · nat avg 76.3
vs National Average
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

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

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

[07] 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.

[08] Frequently Asked Questions

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

Washington County scores 56/100 on the Boom Town Index, landing in the middle of the pack among 996 U.S. counties (#435). Median household income is $68,703 and job growth is running at -0.2%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Washington County affordable?

By national standards, Washington County is quite affordable. Homes here have a median value of $176,900, and the income-to-home-value ratio of 0.39 is well above the U.S. average — especially with median rent at just $964/month. Residents can generally buy a home without being cost-burdened.

Is Washington County growing or shrinking?

Population and employment in Washington County are both close to flat — population -0.3% YoY and jobs -0.2%. Home values shifted +1.5% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Washington County?

There's a moderate stream of newcomers. About 4.3% of residents moved from another state, which is above average and suggests Washington County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Suffolk County, NY 57 Columbia County, NY 52 New York County, NY 52 Queens County, NY 52 Saratoga County, NY 61 Sullivan County, NY 61 Allegany County, MD 56 Klamath County, OR 56