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Syracuse, NY Insightsas of Oct 2026
Population size
150 K People
Population growth
-0.5%
Age distribution
0-14: 20%
15-24: 15%
25-44: 30%
45-64: 20%
65+: 15% percent
15-24: 15%
25-44: 30%
45-64: 20%
65+: 15% percent
Household size
2.2 People
Household composition
Families: 50%
Non-families: 50% percent
Non-families: 50% percent
Education level
High school: 85%
Bachelor's: 25%
Graduate: 10% percent
Bachelor's: 25%
Graduate: 10% percent
Median household income
48,000 USD/year
Employment rate
55 %
Job growth
1 %
Dominant industries
Education and healthcare: 30%, Manufacturing: 15%, Retail: 12% percent
Cost of living index
85 index
Retail sales per capita
10,000 USD/year
Disposable income
35,000 USD/year
Spending behavior by category - apparel, dining, electronics
Apparel: 1,200, Dining: 2,500, Electronics: 800 USD/year
Existing retail mix
Department stores, grocery, apparel, electronics, dining
Number of competitors
50 stores
Market saturation
medium
Presence of anchor tenants
Yes, Macy's and JCPenney
Foot traffic from nearby businesses
5,000,000 visits/year
Rent costs
20 USD/sqft/year
Property values
150,000 USD
Zoning laws
Mixed-use and commercial zones allowed
Business permits
Standard processing 30-60 days days
Availability of retail space
10 SQM
Proximity to major roads
Direct access to I-81 and I-90
Public transportation access
Good, Centro bus system
Parking availability
4,000 spaces
Pedestrian traffic
medium level
Vehicle traffic
50,000 vehicles/day
Public transport accessibility
High, multiple bus routes
Commute times
18 minutes
Work patterns
9-5 office, increasing hybrid
Shopping preferences
Value-oriented and convenience-focused
Brand affinity
Local and national value brands
Consumer loyalty
Medium to local stores
Entertainment and leisure trends
Sports events, outdoor activities, local festivals
Crime statistics
35 incidents/1,000 people
Shoplifting rates
2 percent of retail sales
Public safety measures
CCTV, police patrols, community programs
Tourist spending
500,000,000 USD/year
Tourist footfall
1,000,000 visitors/year
Major local events
Great New York State Fair, Jazz Fest
Seasonal attractions
Winter snow sports, summer lake activities
E-commerce penetration
15 %
Click-and-collect adoption
20 %
Local preference for in-store shopping
60 %
Total retail space
5,000,000 sqm
Retail space per capita
35 SQM
Projected growth in retail space
2 %
Retail leakage rate
10 %
Sustainable retail demand
high
Major upcoming retail projects
Destiny USA expansions
Grocery market share distribution - Top 3 retailers & market share
Wegmans: 40%, Tops: 30%, Price Chopper: 20% percent
Consumer spending patterns
Essential goods 60%, discretionary 40% percent
Grocery expenditure trends
Increasing by 3% annually percent
Luxury retail performance
low
Top mall shopping preferences
Destiny USA preferred
Shopping trips to other cities - % of residents
20 percent
Key drivers for mall visits
Convenience and sales
Preferred brand categories - Luxury fashion, Value fashion, etc.
Value fashion: 70%, Luxury: 10%, Mid-range: 20% percent
Number of existing malls
3 malls
Total retail footfall - annual visits across malls
10,000,000 sqm
Retail market gaps
Luxury goods, organic foods
Trade area population
200,000 people
Retail potential in catchment area
high
Projected retail growth rate
3 %
Preferred mall layouts
Open-air and enclosed
Public transport access
Good
Walkability score
50 out of 100
Road infrastructure & car access
Excellent highway access
Parking capacity in comparable malls
5,000 spaces
Surrounding land use & future developments
Mixed residential-commercial, new housing projects
Retail Destinations in Syracuse, NY
Browse 1 retail destination in Syracuse, NY, United States. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Syracuse, NY at a Glance
- Total Properties1
- CountryUnited States
