Quick facts: Central square, NY

Quick Facts

113.7
Cost of Living
above US average
1,852
Population
23.22
Crime Rate per 1000
above US average
$58,824
Median Income
below US average
$299,900
Median House Price
above US average
$2050.0
Average Rent
above US average
8%
Poverty Rate
below US average
4.2%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $58,824.

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Income Needed to Buy

βœ— Stretch
$94k/year
Based on $299,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $94k vs median $58,824
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Income Needed to Rent

⚠ Stretch
$88k/year
Based on $2050.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $88k vs median $58,824
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Central square, NY

Central Square is a charming village located in Oswego County, New York. Nestled conveniently between Syracuse and Oswego, it provides a serene community atmosphere with easy access to larger urban centers. The village is characterized by its picturesque landscapes, including nearby lakes and parks, making it a great spot for outdoor enthusiasts. Central Square features a small-town feel with local shops, restaurants, and essential services that cater to residents. The community is known for its friendly ambiance, where neighbors often come together for local events and activities. The area is also home to various recreational opportunities, including fishing and hiking in the surrounding natural areas. For families, Central Square provides access to a range of educational facilities and public services. The village, along with its surrounding towns, places a strong emphasis on community engagement and fostering a welcoming environment for all residents. Whether you’re looking for a quieter lifestyle or a place with quick access to city amenities, Central Square offers a unique blend of both.

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