Hudson Valley Losing Population
Lisa Selin Davis | February 29, 2012Despite anecdotal reports from upstate New York real estate agents, and Upstater readers, to the contrary, a new study from Marist College says more people are leaving the Hudson Valley than flocking to it. “Total outflows of 42,098 families of one or more persons exceeded inflows of 38,431, for a net loss of 3,667 households,” write the Poughkeepsie Journal.
That also means a reduction of income in the area, which they’re estimating at $153 million. Ouch. This comes with word that unemployment in Dutchess County is dropping, yet service agencies there are reporting an uptick in people requiring food and shelter. The bottom line: tough times persist upstate.
Read On, Reader...
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