Living in Owego, New York
Cost of living, income, home prices, rent and demographics of Owego · Census data 2020–2024
Owego has 3,912 residents with a median age of 37. The median household income is $60,139 (30% lower than the New York median), the median home value is $147,300, the median rent is $901/month.
Owego at a glance
- Population
- 3,912
- Median age
- 37State: 39.8
- Median household income
- $60,139State: $85,974
- Median home value
- $147,300State: $423,800
- Median rent
- $901/moState: $1,621
- Homeowners
- 49.1%
- Bachelor's degree or higher
- 38.2%
- Average commute
- 20 min
Is Owego a good place to live?
Pros: Home values 65% lower than the state median; an average commute of 20 minutes; unemployment of 2.9%.
Cons: Median household income 30% lower than the New York median; a poverty rate of 29.1%.
The weather is best in June to September.
Cost of living in Owego
Housing is the biggest part of the cost of living. In Owego the median home value is $147,300, 56% lower than the U.S. median. Renters pay a median of $901 per month, which is 32.2% of household income. Homeowners with a mortgage pay $1,354 a month in housing costs.
Owego median household income
The median household income in Owego is $60,139 and the income per person is $41,182. 29.1% of residents live below the poverty line (New York: 14%).
Housing in Owego: homes for sale and rent
- Housing units
- 1,872
- Owner-occupied
- 49.1%
- Renter-occupied
- 50.9%
- Vacant
- 14.2%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.38
Owego demographics
- Population
- 3,912
- Median age
- 37
- Under 18
- 27.8%
- 65 and older
- 16.1%
- Households
- 1,606
- Foreign-born
- 3.1%
- Veterans
- 5.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Owego ›
Education in Owego
38.2% of adults 25 and older in Owego have a bachelor's degree or higher (New York: 40.2%), and 14.3% have a graduate or professional degree.
Jobs and commute in Owego
- Unemployment rate
- 2.9%State: 6.4%
- Average commute
- 20 minState: 33 min
- Work from home
- 9.6%
- Drive alone
- 77.4%
- Public transit
- 1.5%
- Walk to work
- 3.4%
- Homes with broadband
- 90.2%
Owego vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Owego | 3,912 | $60,139 | $147,300 | $901 |
| Apalachin | 2,553 | $81,337 | $179,900 | $1,078 |
| Crest View Heights | 1,852 | $167,083 | $224,300 | — |
| Nichols | 601 | $66,250 | $147,000 | $842 |
| Tioga Terrace | 2,057 | $131,817 | $233,400 | — |
| Newark Valley | 1,051 | $71,369 | $120,200 | $822 |
| Candor | 984 | $47,417 | $119,400 | $871 |
| Endicott | 13,387 | $47,290 | $121,800 | $853 |
| Windham | 768 | $63,125 | $151,900 | $697 |
More for people moving to Owego
Owego ZIP code ›Weather and climate ›Living in Owego: FAQ
What is the median household income in Owego, NY?
The median household income in Owego is $60,139, 30% lower than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Owego?
The median home value in Owego is $147,300, compared with $423,800 in New York.
How much is rent in Owego?
The median gross rent in Owego is $901 per month, about 32.2% of household income.
Is Owego, NY a good place to live?
Pluses: home values 65% lower than the state median; an average commute of 20 minutes; unemployment of 2.9%. Minuses: median household income 30% lower than the New York median; a poverty rate of 29.1%.
What is the median age in Owego?
The median age in Owego is 37 years (New York: 39.8).
How long is the commute in Owego?
The average commute to work in Owego is 20 minutes; 9.6% of workers work from home.
What is the unemployment rate in Owego?
The unemployment rate in Owego is 2.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Owego?
38.2% of adults in Owego have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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