Thursday, 04 March 2021 14:37

Adirondack Relocation Assessment Survey: High Potential To Attract New Residents To Region

SARATOGA SPRINGS/ LAKE PLACID — New research conducted by Camoin 310 of Saratoga Springs for the Regional Office of Sustainable Tourism (ROOST) in Lake Placid and the Economic Development Corporation of Warren County (EDC) shows there is a strong interest for relocation to the Adirondacks across all income brackets in the Regional Market Area. This area includes New York, Connecticut, Massachusetts, Pennsylvania, Vermont, New Hampshire, and New Jersey. 

A total of 6,733 responses were collected and analyzed by Camoin 310 from Jan. 19- 29. More than 80% of respondents now live in the Northeast, but there were responses from as far away as Florida, California, Texas, Colorado, Missouri, Minnesota, and Oregon, as well as international locations.

Key findings indicate nearly 25% of respondents said they were either "very likely" or "somewhat likely" to relocate here in the next five years. Some indicated they have already moved here. The Lake Placid, Saranac Lake, and Lake George regions were the three most cited locations for relocation. The majority of the respondents said living in the Adirondack communities with access to high-speed internet, health care, and dining and shopping opportunities is a priority. 

Nearly 23% of Regional Market Demand is between ages 25 to 45. Quality housing and outdoor recreation were the most important factors cited when selecting a community. Remote workers and retirees present the greatest opportunity and over 40% of respondents who are working have the ability to work remotely either full-time or a majority of the time. 

Full results of the assessment can be found at: www.roostadk.com/wp-content/uploads/2021/02/Adirondack-Relocation-Assessment-Survey-2021.pdf. 

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