Quick facts: Nedrow, NY

Quick Facts

113.7
Cost of Living
above US average
2,251
Population
Crime rate Data is updating, will be available soon
$76,458
Median Income
below US average
$167,000
Median House Price
above US average
$2943
Average Rent
above US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

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 $76,458.

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Income Needed to Buy

βœ“ Affordable
$52k/year
Based on $167,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($76,458) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$126k/year
Based on $2943/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $126k vs median $76,458
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Nedrow, NY

Nedrow is a quaint census-designated place located in Onondaga County, New York, situated just south of Syracuse. Nestled in the scenic landscapes of upstate New York, Nedrow offers a suburban feel with a close-knit community vibe. It serves as a gateway to the natural beauty of the surrounding area, including green spaces and parks that appeal to outdoor enthusiasts. The population of Nedrow is relatively small, contributing to its peaceful atmosphere. The community is characterized by residential neighborhoods, local businesses, and essential amenities. Its proximity to Syracuse allows residents to enjoy the benefits of urban living while residing in a quieter locale. Nedrow is part of the Syracuse Metropolitan Statistical Area, which enriches the area with access to cultural attractions, dining, entertainment, and educational institutions. The community also values its history, with several historical sites reflecting its past. Transportation in the area is convenient, with major roads providing easy access to nearby cities and attractions. Overall, Nedrow represents a charming blend of suburban tranquility and accessibility to urban resources.

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