I attended Hamilton College in the mid 1980s. Utica, at that time, was a depressing declining place.
This article in the NY Times suggests that things haven't changed.
Wikipedia says that its population has declined by 38% since 1930. Could climate change change that?
With its buildup of its durable housing stock but low demand to live there, home prices are low. For example, Here is a house for sale for $119,000.