Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Health & Safety
Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Sidney is a small-sized city located in the state of New York. The city has a population of 3,668 inhabitants. If we look at the most recent Census, Sidney is known to have a predominantly White population. The next two most common races are Black and Asian. If you're not a fan of traffic congestion and long commute times to work, Sidney is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 20 minutes, significantly lower than the national average of 26 minutes.
Without the right tools, relocating to any new area can be very stressful and challenging. Living in Sidney, New York could be a good experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like commute, employment, housing, you can easily compare the best places to live in Sidney and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Sidney to New York and the national average.
The livability score in Sidney is 66/100 and the city is ranked in the 68th percentile of all cities across America. For each of the livability categories, we can establish that Sidney ranks very well for cost of living (A+) and housing (B). Sidney does not rank well for the following: amenities (F), education (D) and employment (D-). It might be a smart idea to take a closer look at each category to find out why.
The unemployment rate in Sidney has consistently declined over the years and currently stands well below the national average at 2.69%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Sidney market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that Sidney meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Sidney. Everything else becomes a lot less important if it turns out that home prices in Sidney are simply unattainable. The median home price for Sidney homes is $82,100, which is 71.3% lower than the New York average. If we take a closer look at the affordability of homes in Sidney, we’ll see that the home price to income ratio is 1.8, which is 61.7% lower than the New York average.
| Statistic | Sidney | New York | National |
| Average one way commute | 20min | 33min | 26min |
| Workers who drive to work | 72.4% | 53.0% | 76.4% |
| Workers who carpool | 13.9% | 6.7% | 9.3% |
| Workers who take public transit | 0.0% | 28.0% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 8.5% | 6.3% | 2.8% |
| Working from home | 4.2% | 4.0% | 4.6% |
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