Places/NY/Otsego County, NY
County profile

Otsego County, NY

United States · GDP 2024
#891 of 3,127 US counties by GDP74th-percentile growthmore diversified than 28% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$3.5B
BEA · 2024
GDP growth (YoY)
+6.7%
BEA · 2024
Jobs tracked
18,030
Census CBP · 2023
Employers
1,295
Census CBP · 2023
Avg. wage
$57.9k
BLS QCEW · 2023
Population
60,589
Census PEP · 2025
Labor, income & education
Unemployment
4.3%
Median HH income
$68.9k±$3.6k
Bachelor's degree+
34.4%±1.8%
Poverty rate
12.5%±1.4%
Business applications
420 · 2025
Retail establishments
239
39.4/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

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 care42%
Retail trade21%
Food & accommodation16%
Finance & insurance8%
Manufacturing8%
Education6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
60,589
residents · 2025 · +3.8% since 2020
Income per capita $56.4k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+3,082
International migration+379
Natural change1,001

GDP trend

20192024 · nominal
$2.8B
2019
$2.8B
2020
$3.0B
2021
$3.1B
2022
$3.3B
2023
$3.5B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$179.1k±$5.9k
Median gross rent
$987/mo±$42/mo
Vacancy rate
22.8%±1.6%
Affordability
3.1× wages
Residential permits
$31.4M
125 units · 2.1/1k pop
FEMA risk score
75.8
HUD Fair Market Rent (2BR):$1.2k/mo · 2026
TOP PERILS · FEMA NRI
Cold wave 85Landslide 78Winter weather 70
FHFA HOUSE PRICE INDEX · 20162025
311
2016
311
2017
317
2018
336
2019
344
2020
376
2021
415
2022
438
2023
482
2024
508
2025
RESIDENTIAL PERMITS · 20212025
-31% since 2021
182
2021
139
2022
113
2023
123
2024
125
2025

Transport access

BTS · FAA · USACE
Nearest interstate
16.7 km
I-88
Nearest freight rail
6.0 km
CACV
Nearest port
101.8 km
Albany Port District, NY
Nearest commercial airport
73.3 km
GRIFFISS INTL
Wage trend
BLS QCEW · 20192023
$57.9k
avg. annual pay · +30% since 2019
The read

What is the GDP of Otsego?

Otsego's economy produced $3.5B in 2024, growing 6.7% 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.