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SYRACUSE, NEW YORK FACT SHEET – October 2018

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SYRACUSE, NEW YORK FACT SHEET – October 2018 SYRACUSE, NEW YORK FACT SHEET – October 2018 The City of Syracuse is located in Onondaga County in the geographic center of New York State. The counties of Onondaga, Madison, and Oswego make up the Syracuse Metropolitan Statistical Area (MSA). CLIMATE INCOME (2017) Four seasons, continental mean average temperature: Median Family Mean Family January . 24.3 degrees Income Income April . 47.2 degrees City of Syracuse $42,224 $58,635 July . 72.0 degrees Onondaga County $73,503 $93,874 September . 63.8 degrees Syracuse MSA $71,407 $90,631 Annual average snowfall . 127.26 in. Source: U.S. Census Bureau, 2017 American Community Survey 1-year estimates Growing season approx. 171 days Annual rainfall . 41.54 in. REGIONAL OUTPUT (2017) PROXIMITY TO MARKET GDP ’16-’17 Over 136 million people live within a 750 mile radius of Syracuse, (Millions) % Change including over 50 percent of the population of Canada and the United Albany $54,302 +2.7 States. Buffalo $60,014 +2.0 Rochester $56,550 +1.0 Mileage to Major Cities: Syracuse $33,634 +1.7 Source: U.S. Bureau of Economic Analysis, Regional Data GDP & Personal Income Albany, NY 136 New York, NY 253 Baltimore, MD 299 Philadelphia, PA 255 UNEMPLOYMENT RATE (%) Boston, MA 299 Rochester, NY 85 Aug 2008 Aug 2018 Buffalo, NY 147 Toronto, Ont. 248 City of Syracuse 6.7 5.5 Chicago, IL 665 Washington, DC 350 Onondaga County 5.2 3.9 Syracuse MSA 5.5 4.1 Montreal, Que. 248 Source: New York State Department of Labor, Local Area Unemployment Statistics POPULATION LABOR FORCE 2000 2010 Aug 2008 Aug 2018 City of Syracuse 146,435 145,170 (Thousands) (Thousands) Onondaga County 458,336 467,026 City of Syracuse 64.6 58.5 Syracuse MSA 650,154 662,577 Onondaga County 238.6 222.3 Source: U.S. Census Bureau Syracuse MSA 336.2 308.0 Source: New York State Department of Labor, Local Area Unemployment Statistics DEMOGRAPHICS City of Onondaga Syracuse Syracuse County MSA EMPLOYMENT – SYRACUSE MSA (Data in Thousands) Black/African American 31 11.5 8.5 Aug Aug % White (not Hispanic) 46.9 76.5 81.5 Industry 2017 2018 change Asian 8.7 4.2 3.2 Total (Nonfarm) 315.4 319.8 1.4% Hispanic (any race) 10 4.9 4.2 Natural Resources, Mining & Source: U.S. Census Bureau, 2017 American Community Survey 1-year estimates Construction 14.3 14.4 0.7% MEDIAN AGE Manufacturing 25.6 26.2 2.3% Median Age Trade Transportation & Utilities 63.0 63.3 0.5% City of Syracuse 30.7 Onondaga County 39.0 Information 4.5 4.5 0.0% Syracuse MSA 39.5 Financial Activities 14.7 14.7 0.0% Source: U.S. Census Bureau, 2017 American Community Survey 1-year estimates Professional & Business Services 36.5 36.4 -0.3% MEDIAN HOME PRICE (August 2018) Education & Health Services 58.6 60.7 3.6% Leisure and Hospitality 31.3 31.3 0.0% Median Price ’17-’18 Other Services 12.2 12.4 1.6% % Change Greater Syracuse $145,000 +7.4 Government 54.7 54.9 0.4% New York State $285,000 +9.6 Source: New York State Department of Labor, Current Employment Statistics, July 2018 Source: Greater Syracuse Association of Realtors; National Association of Realtors MAJOR EMPLOYERS IN CENTRAL NEW YORK (2018) Rail: The Finger Lakes Railway main route runs from Syracuse to Canandaigua, a distance of 76 miles. At Syracuse, the FGLK Cornell University 8,881 interchanges with CSX Transportation and New York, Susquehanna and SUNY Upstate Medical University 7,651 Western Railway, which provide direct rail freight service to a variety of Northeastern markets. Amtrak provides rail passenger transportation St. Joseph's Health 4,755 service from the William F. Walsh Regional Transportation Center. Oneida Indian National Enterprise 4,600 Syracuse University 4,536 Water: The Port of Oswego is located on the southeast shore of Lake Mohawk Valley Health System 4,274 Ontario, 34 miles northwest of Syracuse. The New York State Canal Lockheed Martin Mission Systems and Training 4,100 System encompasses 524 miles and runs east-west across New York Walmart 4,050 State, connecting the Niagara River with the Hudson River. The Price Chopper Supermarkets 3,900 Onondaga Lake Barge Canal Terminal is located just north of Crouse Health 3,351 Syracuse. Tops Friendly Markets 3,196 National Grid 2,500 HEALTH CARE Samaritan Health System 2,400 Syracuse is home to numerous hospitals and specialized medical Upstate Cerebral Palsy 2,000 facilities, a number of long-term skilled nursing facilities, outpatient KPH Healthcare Services, Inc. (Kinney Drugs) 1,860 centers serving all sectors of the county, renowned teaching facilities, The Raymond Corporation 1,800 including Upstate University Health System, two hospital-based nursing Target Corp 1,700 schools, and several residency programs. BNY Mellon 1,600 Cayuga Medical Center 1,540 EDUCATION AND TRAINING BorgWarner Morse Systems 1,500 Public, Private and Parochial Education: There are 18 school Wegman's Food Markets, Inc. 1,459 districts in Onondaga County (17 Suburban, 1 City) with an enrollment Loretto 1,429 of approximately 68,197 students. The districts are comprised of 78 Source: Business Journal News Network 2018 Book of Lists Elementary Schools, 27 Junior High, and 21 High Schools. In addition, there are 23 accredited private and parochial schools and 2 charter schools in the greater Syracuse area. EMPLOYMENT CENTERS – Estimated total employment for areas College and Universities: There are 85 colleges and universities of the County that serve as geographic clusters of employment. within a 100 mile radius of Syracuse, with a combined total enrollment Downtown Syracuse ............................................................. 29,000 of over 250,000 students. More than 20% of these students attend University Hill ................................................................................ 21,000 school at one of the 13 schools in the Syracuse MSA. Regional colleges Destiny USA .....................................................................................5,000 and universities include: Electronics Park ................................................................................2,000 Syracuse University Clarkson University COMMUNICATIONS Cornell University Major newspaper: St Joseph's College of Nursing at St Joseph's Hospital Health The Post-Standard (daily) 470-0011 Center Pomeroy College of Nursing at Crouse Hospital Business newspapers: SUNY College of Environmental Science and Forestry Business Journal (weekly) 472-3104 Eagle Newspapers (weekly) 434-8889 Upstate Medical University Syracuse New Times (weekly) 422-7011 Le Moyne College Cayuga Community College TRANSPORTATION Onondaga Community College Syracuse is located at the crossroads of two interstate highway systems, Bryant & Stratton College-Syracuse and Syracuse North east/west I-90 the New York State Thruway, and north/south I-81. Cazenovia College Air: Syracuse Hancock International Airport is the primary gateway for Morrisville State College air service across the Central New York region. Hancock Airport is SUNY College at Oswego served by seven major airlines that transport more than two million Colgate University passengers to and from Central New York, each year. With 120+ The five public vocational centers and 24 daily flights, Hancock Airport serves 24 non-stop destinations to major Vocational Training: national and international gateway hubs. Six major air cargo private vocational and technical schools offer more than 80 courses of companies service the Syracuse terminal in addition to several regional study in a wide variety of fields. carriers, forwarders and passenger airlines that offer air freight services. Prepared by: CenterState CEO. For additional information or Highway: More than 150 trucking companies, including the nation's more detailed data, contact: 315.470.1800 top 12 carriers of general freight, service the Syracuse area. Bus: CENTRO provides public transportation for Syracuse and suburbs at a fare of $2.00. Onondaga Coach, Greyhound, Syracuse & Oswego, and Adirondack Trailways also provide inter-city passenger service. .
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