Real estate · Metro area · New York
Property management companies in the Watertown-Fort Drum, NY metro area
How the Watertown-Fort Drum, NY metro area compares with other metro areas and the U.S. for property management companies: competitors, household spending, official counts and growth.
Groundwork market score · out of 100
Score 29 out of 100: Lower middle
Ranked #353 of 374 scored metro areas
#13 of 13 scored metro areas based in New York
- Listings
- 18
- 0 chain locations (0%)
- Official establishments
- 30
- +7.1% since 2019
- Household spending a year
- $790.4M
- On rent and homeowner costs · $16,602 a household
- Housing spending per listing (U.S. = 100)
- 79
- 21% below the U.S.
- Listings per 10k households
- 3.8
- 27% above the U.S.
- Population, 2025
- 111,540
- −3.9% since 2020
See the property management companies around any address in the Watertown-Fort Drum metro area
The site report maps the property management companies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Watertown-Fort Drum metro area. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardSurvey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure
What this means
The Groundwork market score for property management companies in the Watertown-Fort Drum metro area is 29 (lower middle), #353 of 374 scored metro areas and #13 of 13 scored metro areas based in New York. That puts it in the bottom quarter of metro areas.
Map listings as of September 2026 show 18 property management companies in the Watertown-Fort Drum metro area. None of them are chain locations, against 4% across the U.S. Per 10,000 households, that is 3.8, 27% above the U.S. rate of 3.0.
At $16,602 per household (in line with the U.S. average), households in the Watertown-Fort Drum metro area spend about $790.4M a year on rent and homeowner costs. Housing spending per company is 21% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in.
In 2023, official counts showed 30 businesses with payroll in the Watertown-Fort Drum metro area classed as residential and commercial property managers, up 7.1% from 2019. That is one for every 1,587 households, against one for every 1,638 across the U.S. Population estimates show the Watertown-Fort Drum metro area declined 3.9% from 2020 to 2025, against +3.1% for the U.S.
How the Watertown-Fort Drum metro area compares
The same measures for New York and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.
| Measure | Watertown-Fort Drum metro area | New York | U.S. |
|---|---|---|---|
| Listings per 10k households | 3.8 | 2.7 | 3.0 |
| Housing spending per listing (U.S. = 100) | 79 | 127 | 100 |
| Households per official establishment | 1,587 | 1,047 | 1,638 |
| Official establishment growth, 2019–2023 | +7.1% | +0.6% | +11.4% |
| Population growth, 2020–2025 | −3.9% | −0.6% | +3.1% |
| Spending per household on rent and homeowner costs | $16,602 | $19,048 | $16,661 |
| Median household income | $66,301 | $85,974 | $80,734 |
| Groundwork market score | 29 | 49 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- 30+7.1% over the period
- Employees, 2023
- 337
- Annual payroll, 2023
- $18M
- One-person businesses, 2023
- Not publishedNot published for this business type
- Map listings, September 2026
- 180 chain locations
- Listings at the U.S. rate for this spending
- 14The U.S. ratio of listings to household spending, applied here
SBA-backed loans since fiscal 2022
- Loans
- 0
- Amount
- $0
SBA-backed loans to businesses classed as residential and commercial property managers in the Watertown-Fort Drum metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.
Population and households in the Watertown-Fort Drum metro area
- Population, 2025 estimate
- 111,540−3.9% since 2020
- Households
- 47,606
- Median age
- 37.4
- Homes lived in by their owners
- 55%
- Vehicles per household
- 1.6
- Land area
- 1,268 sq. mi.
- People per square mile
- 91
- Median household income
- $66,301+25.8% vs. 2015–2019, before inflation
- Average household income
- $86,210
- Median home value
- $188,200
- Jobs located here
- 34,253
- Daytime population
- 112,470Residents who don’t work, plus everyone whose job is here
Looking at a specific site in the Watertown-Fort Drum metro area?
These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the property management companies on map listings by name and distance.
Or open the report at the center of the Watertown-Fort Drum metro area. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardProperty management across New York
Every New York market ranked →The highest-scoring metro areas in New York for property management companies, numbered among those based in New York, with the Watertown-Fort Drum metro area marked.
Top metro areas in New York
| Market | Score | Listings | Per 10k households | Housing spending per listing (U.S. = 100) | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Kingston, NY | 71 | 6 | 0.8 | 418 | +1.1% | #26 of 374 |
| 2Kiryas Joel-Poughkeepsie-Newburgh, NY | 71 | 45 | 1.8 | 201 | +3.0% | #29 of 374 |
| 3Utica-Rome, NY | 70 | 20 | 1.7 | 184 | −2.0% | #35 of 374 |
| 4Albany-Schenectady-Troy, NY | 67 | 81 | 2.1 | 160 | +1.9% | #47 of 374 |
| 5Binghamton, NY | 67 | 21 | 2.1 | 147 | −1.3% | #49 of 374 |
| 6Buffalo-Cheektowaga, NY | 65 | 103 | 2.1 | 153 | −0.8% | #60 of 374 |
| 7Syracuse, NY | 62 | 51 | 1.9 | 169 | −1.3% | #81 of 374 |
| 8Glens Falls, NY | 60 | 10 | 1.8 | 172 | −1.9% | #95 of 374 |
| 9Elmira, NY | 54 | 10 | 2.8 | 104 | −3.9% | #149 of 374 |
| 10New York-Newark-Jersey City, NY-NJ | 52 | 2,071 | 2.8 | 130 | +0.6% | #161 of 374 |
| 13Watertown-Fort Drum, NY | 29 | 18 | 3.8 | 79 | −3.9% | #353 of 374 |
Other business types in the Watertown-Fort Drum metro area
Each with its Groundwork market score here, out of 100, where it has one.
Food and drink
Groceries and convenience
Auto
Beauty and personal care
Fitness and classes
Health care
Child care
Clothing and laundry
Home services
Real estate
- Real estate60
- Real estate agents and brokers65
- Property management29
- Mortgage brokers and lenders58
- Home inspectors
Funeral services
Questions
How many property management companies are in the Watertown-Fort Drum, NY metro area?
There are 18 property management companies on map listings in the Watertown-Fort Drum metro area as of September 2026. None of them are chain locations. The listings count property management companies. Official counts show 30 businesses with payroll classed as residential and commercial property managers in 2023, up 7.1% from 2019.
How much do households in the Watertown-Fort Drum, NY metro area spend on rent and homeowner costs?
About $790.4M a year, or $16,602 per household. That is in line with the U.S. average (an index of 100, where 100 is the U.S. average). For the 18 property management companies on map listings, housing spending per company is 21% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in. It is estimated from the incomes of the 47,606 households in the Watertown-Fort Drum metro area and national spending patterns by income.
How does the Watertown-Fort Drum, NY metro area compare with the U.S. for property management companies?
The Watertown-Fort Drum metro area has 3.8 property management companies per 10,000 households, 27% above the U.S. rate of 3.0. The index of housing spending per company is 79, where 100 is the U.S. At the national ratio of property management companies to household spending, the Watertown-Fort Drum metro area would have about 14, against 18 on map listings. There is one business with payroll in the industry for every 1,587 households, against one for every 1,638 across the U.S. The official count rose 7.1% from 2019 to 2023, against +11.4% for the U.S.
How fast is the Watertown-Fort Drum, NY metro area growing?
Population estimates put the Watertown-Fort Drum metro area at 111,540 people in 2025, down 3.9% since 2020, against +3.1% for the U.S. It has 47,606 households. The median household income in the Watertown-Fort Drum metro area is $66,301 a year, 18% below the U.S. median of $80,734. That rose 25.8% from the 2015–2019 survey, before inflation.
What is the Groundwork market score?
The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Watertown-Fort Drum metro area scores 29 for property management companies (lower middle), #353 of 374 scored metro areas.
How can I see the market around a specific site?
Run a Groundwork site report on an address in the Watertown-Fort Drum metro area. It maps the property management companies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.
How the score works · Top markets for property management companies · All 56 business types in the Watertown-Fort Drum metro area
Screening a site or an acquisition in the Watertown-Fort Drum metro area?
A site report maps the competitors on map listings near an address and sizes the households and spending around it.
The button opens the report at the center of the Watertown-Fort Drum metro area. Signed out, you see a blurred preview; on an account, each report is one action.
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are estimates for research only. Not investment or real estate advice.