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Oswego County, NY

RANK #32 / 996 NAT  ·  #1 / 45 NY  ·  POP 118,037

1YR FORECAST: +5.3%

5YR OUTLOOK: +41%

#4 Best for Investment #12 Most Affordable #13 Best for Families
Our model projects Oswego County's housing market to grow +5.3% over the next year, significantly outpacing the national average.

[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] Top Employers

  1. 1
    Constellation Energy Energy
    1,000+
  2. 2
    State University of New York at Oswego (SUNY Oswego) Education
  3. 3
    Oswego County Government Government
  4. 4
    Oswego City School District Education
    500+
  5. 5
    Oswego Health Healthcare
  6. 6
    Fulton City School District Education
  7. 7
    Central Square School District Education
  8. 8
    Novelis Corporation Manufacturing
  9. 9
    Huhtamaki Packaging Manufacturing
    250+
  10. 10
    Walmart Retail

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
21.4%
of residents (national avg: 33%)

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 →

[05] Crime & Safety

A
SAFETY
GRADE
Homicide Rate
1.6
per 100K · nat avg 6.3
Firearm Fatalities
5.5
per 100K · nat avg 14.8
Injury Deaths
74.3
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B+
AIR QUALITY
GRADE
Median AQI (3yr)
33.0
Good
Good Air Days
96%
1,027 of 1,070 days
Unhealthy+ Days (3yr)
1
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
34
2022
32
2023
33
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] Frequently Asked Questions

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

Oswego County ranks #32 out of 996 U.S. counties on the Boom Town Index with a score of 97/100, putting it in the top tier nationally. Job growth of +1.2% and a median household income of $65,054 point to a county with active economic momentum.

Is Oswego County affordable?

By national standards, Oswego County is quite affordable. Homes here have a median value of $131,800, and the income-to-home-value ratio of 0.49 is well above the U.S. average — especially with median rent at just $899/month. Residents can generally buy a home without being cost-burdened.

Is Oswego County growing or shrinking?

Employers in Oswego County are hiring — job growth of +1.2% — but the population is close to flat (+0.0% YoY). Home values moved +3.2% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Oswego County?

There's a moderate stream of newcomers. About 4.4% of residents moved from another state, which is above average and suggests Oswego County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Genesee County, NY 94 Broome County, NY 91 Warren County, NY 91 Oneida County, NY 86 Chautauqua County, NY 83 Jefferson County, NY 82 Tazewell County, IL 97 Macon County, IL 97