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About Tech Valley
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Things to Do
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Employment
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Housing
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Relocation
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Education
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Doing Business
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News & Events
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Fast Facts
Here are some essential facts about Tech Valley:
Region
- Tech Valley encompasses 19 counties of New York State stretching from the Canadian border to just north of New York City.
- The counties are Albany, Clinton, Columbia, Dutchess, Essex, Franklin, Fulton, Greene, Hamilton, Herkimer, Montgomery, Orange, Rensselaer, Saratoga, Schenectady, Schoharie, Warren and Washington.
- Tech Valley is 17,048 square miles. (1)
- There are 129 people per square mile. (1)
- The region is about 270 miles at its longest point and about 138 miles at its widest point.
Population
- According to the US Census 2005 estimate, Tech Valley’s population is 2,292,293, an increase of 3.9% since the 2000 US Census.
- The population is 51.8% female and 48.2% male. (1)
- 88.5% of the population is white, 6.2% is black or African-American, 4.9% is Hispanic or Latino and 1.5% is Asian. (1)
- The median age is 37.5 years. (1)
Education
- 82.9% of the population aged 25 years or older are high school graduates. (1)
- 24.6% of the population aged 25 years or older hold Bachelor’s degrees or higher. (1)
Workforce
- The civilian labor workforce in August 2008 was 1,188,700. (2)
- The unemployment rate in August 2008 was 5.3%. (2)
- The mean travel time to work for workers 18 years or older is 23.3 minutes (1)
Income
- Total personal income in 2005 was $27.5 billion (3)
- Per capita personal income in 205 was $12,008 (3)
- Median household income in 2006 was $52,725 (3)
Housing
- Total amount of housing units in 2006 was 937,765. (1)
- Of the total amount of housing units in 2000, 45.7% are owner occupied. (1)
- The median value of existing single-family homes in May 2008 was $172,000. (4)
(1) – US Census, 2000 (2) – NYS Department of Labor
(3) – Bureau of Economic Analysis
(4) – NYS Association of Realtors
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