Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Owego

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

Median Home$147,300
Median Rent$901/month
Population3,912
Leading IndustriesPublic Administration · Transportation43% public administration
Home Value Growth+10.8% over 2 years
Family-Friendly28% of residentswell above average
Renters51% of occupied units
NotableAmenity Score87/100 · highly walkable area
NotableTransit88/100 · excellent transit access
Owego
NY

Frequently Asked Questions

What are today's mortgage rates in Owego?

As of today, the 30-year fixed mortgage rate for Owego is approximately 7.078% (7.123% 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
What is the median home price in Owego?

The median home value in Owego is $147k. The median monthly rent is $901. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Owego?

Home values in Owego 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?

Based on a typical all-in ownership cost of $988/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Owego is $60k/year.

Calculate your buying power
What industries drive the economy in Owego?

The largest employment sectors in Owego are public administration (43%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.