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Buffalo, New York

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
276,854
Population
$50,041
Median Income
$164,200
Home Value
34.3
Median Age

Demographics

Buffalo has a population of 276,854 with a median age of 34.3. Here is the racial and ethnic breakdown of the population:

White
44.3%
Black
32.2%
Hispanic
12.3%
Asian
8.8%
Other
2.4%
Demographic Value
Total Population276,854
Median Age34.3
White44.3%
Black or African American32.2%
Asian8.8%
Hispanic or Latino12.3%
Other / Two or More Races2.4%
Buffalo, New York — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 44.3%Black: 32.2%Hispanic/Latino: 12.3%Asian: 8.8%Other: 2.4%276,854PopulationWhiteWhite44.3%BlackBlack32.2%Hispanic/LatinoHispanic/Latino12.3%AsianAsian8.8%OtherOther2.4%

Income & Economy

The median household income in Buffalo is $50,041, which is 37.9% below the national median of $80,610. The per capita income is $31,843. The poverty rate is 26.0%.

$50,041
Median Household Income
$31,843
Per Capita Income
26.0%
Poverty Rate

Employment

The unemployment rate in Buffalo is 4.8%, compared to the national rate of 4.1%.

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Education

In Buffalo, 87.0% of residents age 25+ have a high school diploma or higher, and 31.2% hold a bachelor's degree or higher (14.2% with a graduate or professional degree).

HS Diploma+
87.0%
Bachelor's+
31.2%
Graduate+
14.2%
Education Level % of Adults (25+)
High School Diploma or Higher87.0%
Bachelor's Degree or Higher31.2%
Graduate or Professional Degree14.2%

Housing

The median home value in Buffalo is $164,200, below the national median of $303,400. The median monthly rent is $1,046. The homeownership rate is 43.0%.

$164,200
Median Home Value
$1,046/mo
Median Rent
43.0%
Homeownership Rate
Housing Metric Value
Median Home Value$164,200
Median Monthly Rent$1,046
Homeownership Rate43.0%
Vacancy Rate12.6%

Salaries in New York

Explore salary data for popular occupations in New York:

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Other Cities in New York

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Frequently Asked Questions

What is the population of Buffalo, New York?
The population of Buffalo, New York is 276,854 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Buffalo, New York?
The median household income in Buffalo, New York is $50,041. This is 37.9% below the national median of $80,610.
What is the median home value in Buffalo, New York?
The median home value in Buffalo, New York is $164,200. The median monthly rent is $1,046.
What percentage of people in Buffalo have a college degree?
In Buffalo, New York, 31.2% of adults age 25 and older hold a bachelor's degree or higher, and 87.0% 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 3.3x (median home value $164,200 vs. median income $50,041), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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