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Commercial in Newburgh, NY

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Top Reasons To Live In Newburgh, NY In 2024

Newburgh is located in Orange, New York, with an estimated municipal population of 30,905 residents. All of the best foreclosed homes for sale in Newburgh are located in the following zip code areas on Foreclosure.com: 12589 12586 12550 12551 12552. The estimated population per square kilometer (.62 miles) in Newburgh is 275.


Cost Of Living In Newburgh, NY

So, about how much do homes cost in Newburgh? The most recent median value of resident-owned homes in Newburgh is 260,972. An estimated 81.2 percent of households in Newburgh own their homes, with an average family size of 3.21. The median household income in Newburgh is 91,596, with43.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Newburgh, the median commute time of resident workers (in minutes) is 33.9. And last, but certainly not least, are you looking for homes to rent in Newburgh? If so, the average rent price paid by renters in Newburgh is 1,641, according to recent statistics.


Diversity And Demographics In Newburgh, New York

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Newburgh, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Newburgh is 42.4, split between 48.2 percent male versus 51.8 female. The percentage of residents who report being married in Newburgh is 53.1, with an average family size of 3.21.

The percentage of residents who report their race in Newburgh is as follows:

White 72.1%
Black / African American 16.3%
Asian 2.5%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 3.9%
Other 4.9%

Looking for family-friendly neighborhoods in and/or near Newburgh? Or maybe you are searching for 55+ active adult communities in and/or near Newburgh?

The percentage of residents who report their age in Newburgh is as follows:

Under 10 10.4%
Aged 10-19 11.5%
20s 11.7%
30s 13.2%
40s 13%
50s 15.4%
60s 13.6%
70s 6.7%
80+ 4.3%

Best Schools In Newburgh, New York

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Newburgh with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Newburgh.


Pros And Cons Of Living In Newburgh, New York

How do you know that living in -- or moving to -- Newburgh is right where you need to be? Perhaps you grew up in Newburgh or already live nearby; therefore, the decision to buy a home in Newburgh is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Newburgh for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Newburgh:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Newburgh.


Reasons To Move To Newburgh, New York, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Newburgh can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Newburgh, meanwhile, can field multiple offers from more qualified buyers.

Newburgh, NY Commercial Foreclosures


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