It is the economic and educational hub of Central New York, a region with over a million inhabitants.Syracuse is also well-provided with convention sites, with a downtown convention complex.In the 20th century, Scotia became a thriving bedroom community for employees of Schenectady employers such as General Electric.During World War II the Scotia Naval Supply Depot (1942-1971) employed over 2000 workers.
The city has functioned as a major crossroads over the last two centuries, first between the Erie Canal and its branch canals, then of the railway network.
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The village population was composed of 23.1% under the age of 18, 3.3% from 18 to 20, 31% from 21 to 44, 28.8% from 45 to 64, and 13.8% who were 65 years of age or older. The female population was 51.6% and the male population was 48.4%.
In 2015, the estimated median income for a household in the village was ,607, and the median income for a family was ,182.