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    Downtown Stats

General

 

82

Blocks

8

Downtown Neighborhoods

1975

Year the Downtown Committee of Syracuse was founded

662,057

Syracuse Metro Area Population

18,229

Downtown Parking Spaces

Commercial

 

20

Average number new retail/restaurant businesses opening annually

112

Food & Beverage Businesses

72

Service-based businesses

$135 Million

Investment Planned or Underway 

48

Retail Shops 

$960 Million

Invested in Downtown Property Since 2010

Residential

 

99%

Residential occupancy rate in Downtown Syracuse 

114%

Growth in Downtown population since 2010

4,500

Downtown Residents as of Fall 2023

2,826

Completed housing units 

443

Apartments under construction or in the pipeline

15%

Anticipated growth in Downtown residents, 2022-2023

65.1%

Residents under age 35

53.8%

Residents have a Bachelor’s degree (or higher!)

$1,403

Average Rent for a One-Bedroom Apartment 

$1,907

Average Rent for a Two-Bedroom Apartment