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Real Estate Prices & Overview

Oswego Southeast median real estate price is $176,857, which is less expensive than 88.6% of New York neighborhoods and 83.0% of all U.S. neighborhoods.

The average rental price in Oswego Southeast is currently $1,480, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 85.8% of New York neighborhoods.

Oswego Southeast is a suburban neighborhood (based on population density) located in Oswego, New York.

Oswego Southeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Oswego Southeast neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Oswego Southeast has a 10.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

There is an especially high percentage of incarcerated people (2.0%) living in the Oswego Southeast neighborhood.

In addition, according to NeighborhoodScout's research, Oswego Southeast is better suited for first-time home buyers than 89.6% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in New York. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Oswego Southeast neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Oswego Southeast neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 59.1% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 95.8% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the Oswego Southeast neighborhood has more French Canadian and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.9% of this neighborhood's residents have French Canadian ancestry and 0.9% have Armenian ancestry.

Oswego Southeast is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 96.4% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Oswego Southeast neighborhood in Oswego are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.5% of U.S. neighborhoods. With 29.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 80.8% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Oswego Southeast neighborhood, 44.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 30.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.4%), and 10.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Oswego Southeast neighborhood is English, spoken by 96.8% of households.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Oswego Southeast neighborhood in Oswego, NY, residents most commonly identify their ethnicity or ancestry as Irish (20.6%). There are also a number of people of German ancestry (20.3%), and residents who report English roots (12.8%), and some of the residents are also of Italian ancestry (12.2%), along with some French Canadian ancestry residents (6.9%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Oswego Southeast neighborhood spend under 15 minutes commuting one-way to work (59.1% of working residents), one of the shortest commutes across America.

Here most residents (71.8%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (7.6%) and 7.0% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Rental Market
Housing Market Details
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Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

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