Putnam County, New York

• Income premium: Households earn well above the national median, supporting strong retail and housing markets.
• Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 9.8 pts, supports knowledge-economy and tech attraction.
• 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 4,193 workers (22.7% of tracked sectors), at an average wage of $68,781.
• Economic scale: Regional GDP of $5.5B (2024).
• Wage stratification: Professional, Scientific, and Technical Services averages $89,277 while Accommodation and Food Services averages $30,929, a 2.9x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: concentrates at 6.29x 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.
• Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 37,099 annual credentials.

Putnam County shows strong potential for attraction, with a 6.29x concentration and 248 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 , web search portals, libraries, and archives, and transit and ground passenger transportation creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.