Putnam County, New York

• Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
• Talent gap: Bachelor's-or-higher attainment trails the national average by -9.8 pts, relevant for advanced-services attraction strategy.
• Aging population: Median age of 44 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

• Largest sector: Health Care and Social Assistance employs 4,393 workers (22.9% of the top displayed sectors), at an average wage of $69,262.
• Economic scale: Regional GDP of $5.5B (2024) with per-capita income of $88,460.
• Wage stratification: Professional, Scientific, and Technical Services averages $84,808 while Accommodation and Food Services averages $30,100, a 2.8x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: concentrates at 5.82x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
• Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
• Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.

• In line with national: Home value to income ratio of 3.7x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
• High home ownership: 83.8% owner-occupied; rental supply may be tight for incoming workers.
• Affordable rent tiers: 3 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$3,156/mo).

• Succession risk is real: 25.6% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
• Strong participation: 86.9% labor force participation among working-age residents indicates an engaged, available workforce.
• Talent pipeline: 6 local institutions feed the workforce; the top three combined produce 37,099 annual credentials.

Putnam County shows strong potential for attraction, with a 5.82x concentration and 220 jobs in this sub-sector, it ranks in the top decile nationally. Near-term succession risk is elevated, with 25.6% of the working-age population within 10 years of retirement age.

The interconnected base across , transit and ground passenger transportation, and web search portals, libraries, and archives creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

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