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Oswego County, NY

RANK #3 / 996  ·  POP 118,037  ·  NY

PROJECTED GROWTH: +5.4%

Oswego County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Oswego County?

Oswego County, New York, distinguishes itself with its position on the southeastern shore of Lake Ontario, offering residents access to extensive freshwater recreation and scenic views. The city of Oswego, the county seat, serves as a major port on the Great Lakes and is home to SUNY Oswego. Commutes within the county are generally short, with an average one-way time of 17 minutes in Oswego city. The county's landscape, featuring dense forests, rivers, and waterfalls, provides opportunities for fishing, snowmobiling, hiking, and boating. Public transit options, including Oswego County Public Transit (OPT) and connections to Centro bus services, facilitate travel throughout the area.

Life in Oswego County offers a blend of suburban and rural communities, appealing to families and individuals seeking a connection to the outdoors. The local economy is influenced by its energy production, with two nuclear power plants and multiple hydroelectric facilities located within the county. Recent economic developments include investments in advanced manufacturing and downtown revitalization projects in cities like Oswego and Fulton. These initiatives aim to strengthen the workforce and attract new businesses, contributing to job growth and infrastructure enhancements.

[02] Market Snapshot

Housing Ratio
2.2x

Undervalued relative to economy

GDP Growth
+3.9%

Above national median

Home Prices
+3.2%

Outpacing national median

Climate & Terrain
-0.2

Below-average climate & terrain

Price/Rent
8x

Strong rental yield

Housing looks undervalued at 2.2x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Oswego County U.S. National

The Numbers

DEMOGRAPHICS
Population
118,037
+0.02% YoY
Median Household Income
$65,054
Median Home Value
$131,800
+3.22% 12mo
Median Rent
$899
Average Annual Pay
$62,152
+4.2% YoY
Employment
32,163
+1.2% YoY
Income-to-Home-Value
0.4936
More affordable than average
Migration Inflow
4.4%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$200,000
Days on Market
75
Slower market
Months of Supply
1.9
Seller's market
Sale-to-List Ratio
99.1%
Near asking price
Sold Above List
37.9%
Listings w/ Price Drops
11.6%
Building Permits (2024)
183
Single-Family Permits
152

Source: Redfin · Census BPS — Browse sales on Redfin →

[06] Score Breakdown

GDP Growth +3.9% 72 percentile
Population Growth +0.0% 31 percentile
Income Growth +5.0% 4 percentile
Vacancy Rate 1.1% 51 percentile
Home Price Change +3.2% 74 percentile
Rent Growth +15.5% 99 percentile
Price/Rent 8x 99 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Oswego County, NY a good place to move to?

Oswego County has a Boom Town Index score of 100/100, ranking #3 among 996 U.S. counties. With job growth at +1.2% and a median household income of $65,054, it's an above-average county on economic indicators.

Is Oswego County affordable?

The median home value in Oswego County is $131,800 with median rent at $899/month. The income-to-home-value ratio is 0.4936, which is more affordable than the national average.

Is Oswego County growing or shrinking?

Population growth: +0.0% year-over-year. Job growth: +1.2%. Home values changed +3.2% in the past 12 months.

Are people moving to Oswego County?

Yes — 4.4% of Oswego County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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