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    Downtown Stats

General

 

82

Blocks

8

Downtown Neighborhoods

1975

Year the Downtown Committee of Syracuse was founded

662,577

Syracuse Metro Area Population

Commercial

 

28,000

Downtown Employees

19

Average number new retail/restaurant businesses opening annually

80

Restaurants

80

Service-based businesses

$208 Million

Investment Planned or Underway 

60

Retail Shops 

$744 Million

Invested in Downtown Property Since 2010

Residential

 

99%

Residential occupancy rate in Downtown Syracuse 

88%

Growth in Downtown population in the last 10 years

4,300

Downtown Residents as of Nov. 2020 

2,507

Completed housing units 

507

Apartments under construction or in the pipeline

20%

Anticipated growth in downtown residents, 2021-2022

71%

Residents under age 35

89%

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

$1,384

Average Rent for a One-Bedroom Apartment 

$1,863

Average Rent for a Two-Bedroom Apartment