Economic Profile

Choosing the right location to locate or expand your business can be a daunting task. 

We’ve taken the many factors that define the health, viability, and potential of our county and assembled a set of Key Economic Indicators to provide measurable insight about the people, infrastructure, and opportunities in Greene County, and provide year over year comparisons.

Population

Greene County Residents in 2018 totaled 47,470 versus 47,517 in 2017.
  • Natural Increase in 2018 was -147 versus -156 in 2017 for a change of 5.77%.
  • Net Migration in 2018 was 104 versus 25 in 2017 for a change of 316%. 
  • Employment

    The total workforce in Greene County in 2018 was 21,100 versus 21,200 in 2017.
    • Total Employment in 2018 was 20,200 versus 20,100 in 2017.
    • In-County Employment in 2018 was 15,500 versus 15,500 in 2017.
    • The Unemployment Rate in 2018 was 4.3% versus 5.0% in 2017.
    • Total Unemployed in 2018 was 900 versus 1,100 in 2017.

Income & Industries

In 2018, the Median Wage for Greene County workers was $41,043 versus $40,457 in 2017. 

  • Real Estate &  Property Taxes

    • 786 homes were sold in 2018 versus 772 in 2017.
    • The Median Home Value in 2018 was $182,000, versus $173,000 in 2017.
    • Property Taxes in 2018 were $4.58 per $1,000 of assessed value versus $4.66 in 2017

Our Creative Economy

The Creative Economy in Greene County and throughout the Hudson Valley is made up of enterprises and people that design, produce and distribute goods and services that have an have an intrinsic artistic or cultural value in the marketplace.  Creative Industries are the fourth largest employment sector in New York’s Capital Region, with more jobs than those in Construction, Higher Education, Banking & Finance, and Transportation & Logistics.

Why are Creative Economy jobs so desirable?

  • They require individual ideas, decision-making and problem-solving
  • They can’t be automated, mechanized or out-sourced
  • They provide personal satisfaction
  • They exist as part of a thriving creative community

Creativity Driven by Technology

Advances in Digital Technology have dramatically transformed how work gets done across all aspects of the Creative Economy. The ability to create, edit, share, repurpose, modify, produce, publish and distribute content from a connected mobile device anywhere in the world has changed the paradigm of almost all large traditional creative services businesses.

Do What You Do in a Place You’ll Love

Creative Hubs are being fostered and expanded throughout Greene County. Consider the community values and lifestyle opportunities vital to your creative process. Next, think about ‘proximity of’ and ‘access to’ the markets that value your skills. Then, look at the costs associated with living in the community you choose.

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