Buffalo, New York

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
276,688
Population
$46,184
Median Income
$132,100
Home Value
33.9
Median Age

Demographics

Buffalo has a population of 276,688 with a median age of 33.9. Here is the racial and ethnic breakdown of the population:

White
46.5%
Black
33.2%
Hispanic
12.3%
Asian
7.6%
Demographic Value
Total Population276,688
Median Age33.9
White46.5%
Black or African American33.2%
Asian7.6%
Hispanic or Latino12.3%

Income & Economy

The median household income in Buffalo is $46,184, which is 38.5% below the national median of $75,149. The per capita income is $29,558. The poverty rate is 27.2%.

$46,184
Median Household Income
$29,558
Per Capita Income
27.2%
Poverty Rate

Employment

The unemployment rate in Buffalo is 7.0%, compared to the national rate of 5.4%.

Education

In Buffalo, 86.2% of residents age 25+ have a high school diploma or higher, and 30.0% hold a bachelor's degree or higher (13.1% with a graduate or professional degree).

HS Diploma+
86.2%
Bachelor's+
30.0%
Graduate+
13.1%
Education Level % of Adults (25+)
High School Diploma or Higher86.2%
Bachelor's Degree or Higher30.0%
Graduate or Professional Degree13.1%

Housing

The median home value in Buffalo is $132,100, below the national median of $281,900. The median monthly rent is $942. The homeownership rate is 42.6%.

$132,100
Median Home Value
$942/mo
Median Rent
42.6%
Homeownership Rate
Housing Metric Value
Median Home Value$132,100
Median Monthly Rent$942
Homeownership Rate42.6%
Vacancy Rate12.8%

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Frequently Asked Questions

What is the population of Buffalo, New York?
The population of Buffalo, New York is 276,688 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Buffalo, New York?
The median household income in Buffalo, New York is $46,184. This is 38.5% below the national median of $75,149.
What is the median home value in Buffalo, New York?
The median home value in Buffalo, New York is $132,100. The median monthly rent is $942.
What percentage of people in Buffalo have a college degree?
In Buffalo, New York, 30.0% of adults age 25 and older hold a bachelor's degree or higher, and 86.2% have a high school diploma or higher.
Is Buffalo, New York an affordable place to live?
The home price-to-income ratio in Buffalo, New York is 2.9x (median home value $132,100 vs. median income $46,184), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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