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Real Estate Prices & Overview

Saratoga Springs South median real estate price is $383,747, which is less expensive than 67.6% of New York neighborhoods and 47.1% of all U.S. neighborhoods.

The average rental price in Saratoga Springs South is currently $2,174, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.3% of New York neighborhoods.

Saratoga Springs South is a suburban neighborhood (based on population density) located in Saratoga Springs, New York.

Saratoga Springs South real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Saratoga Springs South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Saratoga Springs South are 3.1%, which is lower than one will find in 79.5% of American neighborhoods. Demand for real estate in Saratoga Springs South is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

Of note is NeighborhoodScout's research finding that the Saratoga Springs South neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Saratoga Springs South community truly stands out from the rest in this regard.

In addition, according to NeighborhoodScout's exclusive analysis, Saratoga Springs South is among the best neighborhoods for families in New York. In fact, this neighborhood is more family-friendly than 97.1% of neighborhoods in the entire state of New York. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Saratoga Springs South neighborhood.

Also, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Saratoga Springs South neighborhood may actually hold the key. 70.3% of its residents are married, which is a higher percentage than is found in 96.5% of the neighborhoods in America.

Real Estate

Owner-occupied real estate dominates the Saratoga Springs South neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 95.9% of neighborhoods in America.

In addition, most neighborhoods are composed of a mixture of ages of homes, but the Saratoga Springs South stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 81.0% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Saratoga Springs South neighborhood has more English and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 35.5% of this neighborhood's residents have English ancestry and 3.5% have Welsh ancestry.

Saratoga Springs South is also pretty special linguistically. Significantly, 2.2% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 96.5% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Saratoga Springs South neighborhood. More residents of the Saratoga Springs South neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.2% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Saratoga Springs South neighborhood in Saratoga Springs are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.0% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Saratoga Springs South neighborhood, 49.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 20.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.2%), and 12.8% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Saratoga Springs South neighborhood is English, spoken by 95.9% of households. Some people also speak Korean (2.2%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Saratoga Springs South neighborhood in Saratoga Springs, NY, residents most commonly identify their ethnicity or ancestry as English (35.5%). There are also a number of people of Italian ancestry (20.1%), and residents who report Irish roots (19.6%), and some of the residents are also of German ancestry (11.6%), along with some French ancestry residents (11.6%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Saratoga Springs South neighborhood spend under 15 minutes commuting one-way to work (36.2% of working residents), one of the shortest commutes across America.

Here most residents (71.9%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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