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Economic Atlas
Places/NY/Saratoga
County profile

Saratoga

United States · GDP 2024
#304 of 3,127 US counties by GDP62nd-percentile growthmore diversified than 95% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$16.6B
GDP growth
+5.4%
Jobs tracked
78,232
Employers
5,488
Avg. wage
$66.9k
Population
241,343
Labor & formation
Unemployment
3.0%
Median HH income
$100.8k±$3.0k
Business applications
2,268 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Ballston Spa Bancorp, Inc.Financial Services$44.2M44D2Espey Mfg. & Electronics Corp.Industrials$3.7M56C

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 care23%
Retail trade22%
Food & accommodation20%
Manufacturing13%
Professional services13%
Construction9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
241,343
residents · 2025 · +2.3% since 2020
Income per capita $86.8k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+5,265
International migration+1,470
Natural change−1,063

GDP trend

2019–2024 · nominal
$12.8B
2019
$12.4B
2020
$13.6B
2021
$14.7B
2022
$15.8B
2023
$16.6B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$348.6k±$4.7k
Median gross rent
$1.4k/mo±$26/mo
Vacancy rate
9.1%±0.7%
Affordability
5.2× wages
Residential permits
884 (3.7/1k pop)
FEMA risk score
73.0
HUD Fair Market Rent (2BR):$1.7k/mo · 2026
TOP PERILS · FEMA NRI
Ice storm 79Lightning 79Hurricane 78
FHFA HOUSE PRICE INDEX · 2016–2025
520
2016
532
2017
551
2018
560
2019
579
2020
635
2021
711
2022
788
2023
825
2024
880
2025
Filing activity
SEC EDGAR

1 filing from 1 company here in the last 90 days.

10-QEspey Mfg. & Electronics Corp.05-12
10-QEspey Mfg. & Electronics Corp.02-10
8-KEspey Mfg. & Electronics Corp.12-09
10-QEspey Mfg. & Electronics Corp.11-12
DEF 14AEspey Mfg. & Electronics Corp.10-28
8-KEspey Mfg. & Electronics Corp.10-01
10-KEspey Mfg. & Electronics Corp.09-16
8-KEspey Mfg. & Electronics Corp.09-09
8-KEspey Mfg. & Electronics Corp.09-08
10-QEspey Mfg. & Electronics Corp.05-12
Wage trend
BLS QCEW · 2019–2023
$66.9k
avg. annual pay · +25% since 2019
Similar US counties
nearest by GDP
Smith$16.7BMadison$16.6BDeschutes$16.7BSt. Lucie$16.7BEctor$16.5BBoone$16.8B
The read

Saratoga's economy produced $16.6B in 2024, growing 5.4% year over year — faster 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.
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