Economic Profile
What makes us strong?
Montgomery is talented, connected, and nimble. The New York State Thruway, rail service and air transportation connect your business to major markets in the Northeast U.S. and southeastern Canada. Shovel ready real estate, custom financial incentives and a dedicated workforce grow businesses and bottom lines. Thriving communities dot our historic landscape, support business and make great places to live. Like the mighty Mohawk River that formed the geographic and cultural identity of this region, the strength of Montgomery County shapes the future success of major food producers, innovative manufacturers, national logistics firms, and our home grown family businesses.
Recent Investments
Dollar General
State-of-the-art, distribution facility now supports more than 800 DG stores and employs more than 400.
Vida-Blend
A home-grown nutrient premix company, constructed a new manufacturing facility that has created 18 new jobs.
Wyndham Microtel
Opened a new facility, adding to the county’s hospitality offerings.
Business Investment Incentives
- Taxable/Tax Exempt Industrial Development Bonds
- Incentive Packages
- Direct Revolving Loan Fund Financing
- Tax Abatement Programs
- Montgomery County Economic Dev. Program
- Financial Packaging
- Grant Writing and Administration
- Real Estate Development
Proximity to Markets
Direct, easy access to New York State Thruway (I-90) links Montgomery County to the major travel corridors, and major economic hubs, of the northeast.
- Buffalo, NY
- Montreal, CA
- Boston, MA
- Philadelphia, PA
- NYC
- Hartford, CT
Join leading companies
Immediate access to major transportation corridors
Montgomery County is supported by a strong and growing transportation, warehousing & logistics sector.
Highways
New York State Thruway (Interstate-90) Runs directly through the entire county and across the state.
Ports
Waterway access to the Port of Albany (50 Miles away) and the Port of Coeymans (60 miles away).
Rail
Both CSX and Amtrak run directly through Montgomery County, New York.
Air
Montgomery County, New York is forty five minutes from Albany International Airport.
Overall Economy
Average earnings are lower in Montgomery County ($57,156) than in New York ($93,291) and the United States ($72,048)
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Total Jobs
Total jobs in Montgomery County New York’s economy.
Jobs
Projected to be added in Montgomery the next five years.
Median Income
This is the median household income in Montgomery County.
Unemployment
The unemployment rate as of March 2022 in Montgomery County.
A strong and growing economy
Largest sectors by employment
Healthcare & Social Asst.
Manufacturing
Retail Trade
Transportation
Fastest growing sectors
- Transportation & Warehousing
- Agriculture, Forestry, Fishing and Hunting
- Real Estate Rental and Leasing
- Arts, Entertainment, and Recreation
Sources: U.S. Census Bureau ACS & CBB, NCSES, NYS DCJS, FBI
Deep middle-skill talent pool
Montgomery’s above average Associate Degree attainment provides technical skills to support manufacturing, transportation, logistics, and healthcare businesses.
Largest occupations
- Transportation and Material Moving
- Office and Administrative Support
- Sales and Related Production
- Healthcare Support
Top growing occupations
- Transportation and Material Moving
- Management
- Business & Financial Operations
- Farming, Fishing and Forestry
- Life, Physical and Social Sciences
Hold a Bachelor's Degree
Hold a Associate's Degree
Available project sites
- Available Acres: 50 in 212 Acre Business Park
- Foreign Trade Zone #121
- Municipality: Town of Florida
- Zoning: Industrial Business Park
- Access: Frontage on NYS Route 5S, 1.5 miles to I-90
- Existing Infrastructure: Electric, Gas, Water, Sewer
- Available Acres: 26 acres Former Beech-Nut site
- Municipality: Village of Canajoharie
- Access: Less than 1 mile to NYS Thruway (I-90)
- Existing Infrastructure: Electric and Water Ready
- Available Acres: 10 acres in a 300-acre master planned business park
- NYS Shovel Ready Certified Site, Designated as NOW-NY Site
- Municipality: Town of Glen
- Access: Approximately 2 miles to NYS Thruway (I-90), Located in Route 5S
- Existing Infrastructure: Electric, Gas, Water, Sewer
- Available: up to 1,000,000 square feet of high bay industrial space to be built based on tenant specifications
- Municipality: Town of Florida
- Access: Located less than 2 miles from Exit 27 of I-90
- Infrastructure: All major utilities including natural gas