Places/NY/Chemung County, NY
County profile

Chemung County, NY

United States · GDP 2024
#734 of 3,127 US counties by GDP62nd-percentile growthmore diversified than 65% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$4.8B
BEA · 2024
GDP growth (YoY)
+5.4%
BEA · 2024
Jobs tracked
27,912
Census CBP · 2023
Employers
1,647
Census CBP · 2023
Avg. wage
$58.9k
BLS QCEW · 2023
Population
80,415
Census PEP · 2025
Labor, income & education
Unemployment
3.9%
Median HH income
$63.7k±$2.9k
Bachelor's degree+
27.2%±1.4%
Poverty rate
16.3%±1.4%
Business applications
591 · 2025
Retail establishments
301
37.2/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1The Hilliard CorporationIndustrials2Chemung Financial CorporationFinancial Services

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care25%
Manufacturing25%
Retail trade22%
Food & accommodation14%
Wholesale trade6%
Construction6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
80,415
residents · 2025 · -3.9% since 2020
Income per capita $56.2k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration1,948
International migration+361
Natural change1,738

GDP trend

20192024 · nominal
$3.9B
2019
$3.8B
2020
$4.1B
2021
$4.4B
2022
$4.5B
2023
$4.8B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$141.1k±$6.8k
Median gross rent
$1.1k/mo±$36/mo
Vacancy rate
10.2%±1.1%
Affordability
2.4× wages
Residential permits
$19.2M
98 units · 1.2/1k pop
FEMA risk score
54.8
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 66Landslide 66Lightning 58
FHFA HOUSE PRICE INDEX · 20162025
345
2016
354
2017
365
2018
376
2019
384
2020
408
2021
461
2022
476
2023
507
2024
526
2025
RESIDENTIAL PERMITS · 20212025
-29% since 2021
138
2021
81
2022
79
2023
93
2024
98
2025

Transport access

BTS · FAA · USACE
Nearest interstate
3.7 km
I-86
Nearest freight rail
5.5 km
NS
Nearest port
118.8 km
AMOCO
Nearest commercial airport
11.2 km
ELMIRA/CORNING RGNL
Wage trend
BLS QCEW · 20192023
$58.9k
avg. annual pay · +23% since 2019
The read

What is the GDP of Chemung?

Chemung's economy produced $4.8B in 2024, growing 5.4% year over yearfaster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.