Syracuse, NY
Syracuse is a mid-sized city located in Central New York. The city has a population of approximately 145,000 people and is known for its historic architecture, cultural attractions, and higher education institutions. Syracuse has a diverse economy, with industries such as healthcare, education, manufacturing, and technology. The city is home to Syracuse University, a prominent research institution, and several other colleges and universities. Syracuse experiences four distinct seasons, with cold winters and warm summers, and is located near the scenic Finger Lakes region of New York State. Despite facing economic challenges in recent years, Syracuse has made efforts to revitalize its downtown area, attract new businesses and investment, and promote community engagement and civic pride.
STATISTICS
INDICATORS
Region
Northeast
Population (2020)
147,033
The chart below displays this city's performance across all indicators vs. averages for the 25 cities
% Non-White Population
47
Median Income (2020)
$38,893
Average Home Value (2022)
$159,150
Average Annual Cost of Living
$15,168
Housing, transportation and energy costs as a percent of median income
Averages
City Data
CHALLENGES
High poverty rates: Syracuse has one of the highest poverty rates in the nation, with nearly 30% of its population living below the poverty line.
Limited job opportunities: The job market in Syracuse is relatively small and competitive, and the city has struggled to attract and retain young professionals.
High property taxes: Property taxes in Syracuse are among the highest in the nation, which can make it difficult for homeowners to afford to live in the city.
Declining population: Like many cities in Upstate New York, Syracuse has seen a decline in population over the past several decades, which can lead to a reduction in tax revenue and decreased economic growth.
Urban blight: Some areas of Syracuse have experienced urban blight, with vacant or abandoned properties and high crime rates. This can contribute to a negative image of the city and make it more difficult to attract new residents and businesses.
BRIGHT SPOTS
Affordable cost of living: Syracuse has a lower cost of living than many other cities in the Northeast, making it an attractive option for those looking to live in a more affordable area.
Rich cultural and artistic scene: Syracuse is home to a number of museums, galleries, and performing arts venues, including the Everson Museum of Art, Syracuse Stage, and the Redhouse Arts Center.
World-renowned universities: Syracuse is home to Syracuse University, a top-ranked research university, as well as SUNY College of Environmental Science and Forestry and Onondaga Community College.
Beautiful natural surroundings: Syracuse is located in the heart of Central New York, surrounded by scenic countryside, lakes, and waterfalls, making it a great place for outdoor activities such as hiking and boating.
Historic architecture: Syracuse is home to a number of beautiful historic buildings, including the Erie Canal Museum, the Cathedral of the Immaculate Conception, and the Armory Square District, which features 19th-century architecture and a vibrant restaurant and nightlife scene.