Living in Fenton, NY provides residents with affordable housing, a low crime rate, and a strong sense of community. The median home price is around $165,000, well below the national average. Additionally, local parks and proximity to Binghamton offer plenty of recreational activities for families. While the cost of living is slightly higher than the national average, the area boasts a stable job market focused on healthcare and education. With diverse cultural experiences and community events, Fenton encourages a vibrant lifestyle. For those considering a move, additional perspectives into life here are worth exploring further.
Pros of Living in Fenton, NY
PROS OF LIVING IN FENTON, NY
1. AFFORDABLE HOUSING
One of the biggest advantages of living in Fenton is the affordability of housing. The median home price in Fenton is approximately $165,000, which is quite lower than the national average of around $350,000. This enables families and individuals to secure a comfortable home without a financial burden.
Additionally, rental prices are also reasonable, with average monthly rents for a two-bedroom apartment hovering around $1,000, making it an attractive choice for newcomers.
2. COMMUNITY AND SAFETY
Fenton is known for its strong sense of community, making it a sought-after place for families. This town includes various events and activities that encourage connections among residents.
The crime rate in Fenton is remarkably low, with property crime rates at 14 per 1,000 residents, which is considerably less than the national average of 22 per 1,000. Such a safe environment encourages families to settle down and engage directly with their neighbors, enhancing community ties.
3. NEARBY RECREATION OPTIONS
Residents of Fenton thrive on the abundance of recreation options conveniently located nearby. From local parks to hiking trails, there are plenty of outdoor activities available.
Popular spots such as the Chenango River and Recreation Park offer fishing, walking trails, and picnic areas. In addition, Fenton is in close proximity to larger cities like Binghamton, where residents can access additional recreational facilities, cultural events, and entertainment options.
4. COST OF LIVING AND ECONOMY
Fenton boasts a relatively low cost of living compared to many other regions in New York State. The index for living costs is about 86—this means it's 14% lower than the national average.
The local job market is stable, with an unemployment rate sitting at around 4.5%, which is comparable to the national average. This economic stability affords residents confidence in their financial futures, with many citizens finding satisfying employment in healthcare and education sectors, both prominent in the area.
5. DIVERSITY AND CULTURAL EXPERIENCES
Fenton is home to a diverse population that cultivates a rich cultural environment. This diversity is reflected through community events, local cuisine, and various cultural festivals throughout the year.
Educational programs and cultural centers encourage understanding and appreciation among residents of different backgrounds. Additionally, living in a diverse area can enhance inclusivity and broaden one's worldview, making it a dynamic place for families raising children.
Cons of Living in Fenton, NY
CONS OF LIVING IN FENTON, NY
1. HIGHER COST OF LIVING INDEX
Fenton's cost of living index is approximately 10% higher than the national average, which greatly affects residents' budgets.
Housing costs in Fenton also contribute considerably to this index, with the average rent for a two-bedroom apartment hovering around $1,200 per month, compared to the national average of $1,100. This increase can be a hurdle for individuals or families trying to balance their financial commitments while maintaining a reasonable standard of living.
2. UTILITIES CAN BE EXPENSIVE
Residents of Fenton often face high utility costs that can strain monthly budgets.
The average utility bill, which includes electricity, water, heating, and garbage, can reach nearly $300 per month, while the national average sits at around $250. This discrepancy can make it challenging for families to allocate their funds wisely when basic necessities consume a larger portion of their income than in other regions.
3. GROCERY PRICES ARE HIGHER
Grocery prices in Fenton can be particularly burdensome for families.
The grocery cost index in this region is estimated to be around 15% higher than the national average, with basic items such as milk averaging about $4.50 per gallon, while the national average hovers around $3.50. This rise in food prices can make it difficult for families on a tight budget, requiring them to either adjust their shopping habits or compromise on the quality of food they purchase.
4. LIMITED HEALTHCARE OPTIONS
Healthcare options in Fenton can pose a challenge, as residents may face limited access to healthcare facilities and services.
With an average healthcare cost that is about 12% higher than the national average, many people find it difficult to manage expenses related to medical care. For instance, a routine doctor's visit can be priced at around $150, as opposed to the national average of $125, which can deter individuals from seeking timely medical attention when needed.
5. INCOME LEVELS LAG BEHIND
Income levels in Fenton can add to the financial burden many families face.
The median household income in the area is approximately $55,000, compared to the national median of $70,000. This income gap makes it challenging for families to keep pace with rising expenses, particularly when combined with taxation pressures, inflation, and increasing prices for housing and basic necessities, further compounding the affordability issues that residents experience.
Cost of Living in Fenton, NY
COST OF LIVING IN FENTON, NY
The general cost of living in Fenton, NY, tends to be in line with broader trends seen in the Southern Tier region of New York. Housing costs are relatively affordable, with the median home price in Fenton hovering around $150,000, while the national average is approximately $300,000. Renters can find options available at about $1,000 per month for a two-bedroom apartment, which is considerably lower than urban areas. Grocery prices are generally consistent with national averages, with an estimated monthly grocery bill for a family of four around $600 to $800, depending on dietary preferences and habits.
Utilities in Fenton are on par with what you might find in similar communities, averaging about $200 per month for essential services such as electricity, heating, cooling, water, and garbage. Transportation costs are relatively low, with the average gas price at about $3.50 per gallon, while healthcare expenses average around $5,000 annually for a family. When compared with national averages, Fenton's healthcare tends to be about 10% lower, allowing residents to benefit from both lower costs and somewhat accessible amenities in the region.
Cost of living in Fenton, NY
| Item | Estimated Cost |
|---|---|
| Median Home Price | $150,000 |
| Average Rent (2-Bedroom) | $1,000/month |
| Monthly Grocery Bill | $600 – $800 |
| Utilities (Monthly) | $200 |
| Gas Price (per gallon) | $3.50 |
| Annual Healthcare Costs | $5,000 |
History of Fenton, NY
HISTORY OF FENTON, NY
Fenton, NY, was established in the early 19th century, around the 1820s, as part of Broome County's growth, which experienced substantial settlement as a result of the Industrial Revolution.
The area's development was propelled largely by the Susquehanna River and the arrival of the Erie Canal, which enabled transport and trade, making Fenton a key hub for local agriculture and later industries like textiles and machinery.
Over the years, the population grew steadily, with notable figures emerging, such as Senator James O. Eastland, who contributed to Fenton's political environment.
The landmarks of Fenton today, including the historic Fenton Mansion, reflect its rich heritage and architectural significance.
Cultural influences from immigrants, particularly from Germany and Ireland, shaped the community's economy and layout, leading to traditions like the annual Fenton Community Day festival, which celebrates local culture and unity.
Key events in the area from the late 1800s through the 1900s include the establishment of several local schools and churches, essential to the community's growth and development.
Quality of Life and Weather in Fenton, NY
QUALITY OF LIFE AND WEATHER IN FENTON, NY
Residents of Fenton enjoy a typically high quality of life defined by its affordable housing and community-oriented atmosphere.
The area experiences a continental climate, which means it has distinct seasons: warm summers and cold winters, with average temperatures ranging from 20°F in January to 80°F in July. Air quality tends to be good, but can occasionally be affected by industrial activities in the broader Binghamton area, which is known for its nearby manufacturing sector.
Access to green spaces is ample, with numerous parks and recreational facilities, promoting an active lifestyle. The community places great value on the environment, often participating in local conservation efforts and enjoying the natural beauty of the region's forests and rivers.
Although Fenton is typically safe from extreme weather phenomena like hurricanes and wildfires, the winter snow can be heavy at times, leading to a need for effective snow management.
Healthcare services are accessible, with several facilities available in the nearby Binghamton region, enhancing the residents' overall well-being.
Public opinion generally reflects a strong sense of livability, citing factors such as community support, outdoor activities, and a clean environment as key components of life in Fenton.
Education in Fenton, NY
Education in Fenton, NY
Fenton, NY, is served by the local public school system, which is part of the larger Binghamton City School District, known for its relatively strong performance in the region. The district is often rated with a score around 6/10 on GreatSchools, with Binghamton High School frequently noted as one of the top schools, alongside schools like East Middle School and West Middle School.
While there are few private or charter options directly in Fenton, nearby Binghamton offers such alternatives. The student-to-teacher ratio averages about 12:1, and the district's education budget focuses on funding extracurricular activities, with participation rates around 70%.
The graduation rate hovers around 85%, indicating a solid performance relative to state averages. Regarding class size, most elementary classrooms contain approximately 20 students, supporting individual attention.
For higher education, Binghamton University, a well-respected institution, is situated about 10 miles away, enhancing the educational environment for residents considering further studies.
Ultimately, families in Fenton can access a variety of educational resources within a short drive.
Employment Opportunities in Fenton, NY
Employment Opportunities in Fenton, NY
Fenton, NY, being part of the broader Binghamton metropolitan area, sees its employment environment shaped by various industries such as healthcare, education, manufacturing, and retail. The job market has been relatively stabilized, with most common positions being in healthcare services, educational roles, and technical occupations.
As of 2023, the average salary in the area hovers around $50,000 per year, with major employers including Binghamton University and local healthcare facilities. The unemployment rate in the region is approximately 4.6%, indicating a steady demand for workers.
Career growth opportunities are evident, especially in health and technology sectors, due to ongoing innovations and population growth. While competition for jobs may vary, generally, entry-level positions tend to be less competitive.
In nearby cities, such as Binghamton, the median income growth rate has been about 3% annually, offering additional prospects for job seekers willing to travel within a reasonable driving distance.
Recreation and Attractions in Fenton, NY
Fenton, NY offers a variety of recreational options and attractions that cater to residents and visitors alike, enhancing the general quality of life in the community.
Some notable features include:
- Scenic parks with walking trails
- Local sports leagues for all ages
- Cultural events and festivals throughout the year
- Access to fishing and boating on nearby waterways
These amenities contribute to a vibrant and engaging lifestyle.
Real Estate in Fenton, NY
In the heart of Broome County, the real estate market in Fenton, NY, presents an appealing mix of housing options that cater to diverse needs and budgets. From charming single-family homes to modern townhouses, buyers can find properties at various price points.
| Property Type | Average Price |
|---|---|
| Single-Family Homes | $200,000 |
| Townhouses | $150,000 |
| Condominiums | $175,000 |
Transportation in Fenton, NY
How convenient is it to traverse the transportation terrain in Fenton, NY? The area boasts accessible roadways and nearby public transit options, making commuting seamless for residents.
- Well-connected local roads
- Proximity to major highways
- Reliable public transportation services
- Access to regional airports
These features contribute to Fenton's appeal for both daily commuters and those seeking weekend getaways.