Syracuse, New York is a moderately-sized city with a population of 144,350 people. Syracuse has a population density of 5,767 people per square mile. This would be considered well above the national population density level. Individuals of White (55%) and Black or African American (29%) backgrounds make up a significant portion of the population of the city. If you are a young adult or student, you might be pleased to know that the average age of all Syracuse residents is 31. Syracuse is not known to have a high population (over 15 years old) of married people. At only 50% married, this city falls well below the national average.
Are you trying to figure out if living in Syracuse is the right fit for your lifestyle? To ensure a good experience before moving to any new city in New York, you will probably want to make sure that you check all of the most important boxes. Using the livability score which includes data from categories like weather, education, employment, housing, you can easily compare the best places to live in Syracuse and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Syracuse to New York and the national average.
The livability score in Syracuse is 56 out of 100 and the city is ranked in the 9th percentile of all cities across America. Compared to the US average, this area has a score which ranks among the lowest in the nation, and it is not considered a very livable city. In fact, Syracuse actually ranks among the lowest 10 percentile of cities across the nation. There are seven total categories that form the livability score. Syracuse scores well for amenities (A+) and cost of living (B+). There are some categories that Syracuse does not rank well for, including: crime (F), weather (D-), education (F), employment (F) and housing (F). It might be worth taking a closer look to determine why.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Syracuse is actually affordable. Median real estate prices in Syracuse come in at $89,900, which is 68.6% lower than the New York average. The home price to income ratio compares the median home prices to the median household income. In Syracuse, the home price to income ratio is 2.8, which is 40.4% lower than the New York average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Syracuse were 6.1%, and the 5 year appreciation rates came in at 1.7%.