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Owego-Apalachin

Learn about the people, housing, costs and businesses in Owego-Apalachin, New York

Median Home$246,557
Median Rent$1,072/month
Population56,966
Leading IndustriesTransportation · Construction · Manufacturing3% transportation
Home Value Growth+10.8% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners82% of occupied units
NotableHigh Incomes$91k/year · top 23% nationally
Owego-Apalachin
NY

Frequently Asked Questions

What are today's mortgage rates in Owego-Apalachin?

As of today, the 30-year fixed mortgage rate for Owego-Apalachin is approximately 6.954% (6.992% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Owego-Apalachin
What is the median home price in Owego-Apalachin?

The median home value in Owego-Apalachin is $247k. The median monthly rent is $1,072. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Owego-Apalachin?

Home values in Owego-Apalachin have increased 10.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Owego-Apalachin?

Based on a typical all-in ownership cost of $1,199/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Owego-Apalachin is $91k/year.

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What industries drive the economy in Owego-Apalachin?

The largest employment sectors in Owego-Apalachin are public administration (23%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.