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Niagara Falls, 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
47,987
Population
$49,101
Median Income
$115,300
Home Value
40.8
Median Age

Demographics

Niagara Falls has a population of 47,987 with a median age of 40.8. Here is the racial and ethnic breakdown of the population:

White
64.4%
Black
18.6%
Hispanic
7.6%
Other
7.0%
Asian
2.4%
Demographic Value
Total Population47,987
Median Age40.8
White64.4%
Black or African American18.6%
Asian2.4%
Hispanic or Latino7.6%
Other / Two or More Races7.0%
Niagara Falls, New York — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 64.4%Black: 18.6%Hispanic/Latino: 7.6%Other: 7.0%Asian: 2.4%47,987PopulationWhiteWhite64.4%BlackBlack18.6%Hispanic/LatinoHispanic/Latino7.6%OtherOther7.0%AsianAsian2.4%

Income & Economy

The median household income in Niagara Falls is $49,101, which is 39.1% below the national median of $80,610. The per capita income is $30,707. The poverty rate is 23.7%.

$49,101
Median Household Income
$30,707
Per Capita Income
23.7%
Poverty Rate

Employment

The unemployment rate in Niagara Falls is 5.2%, compared to the national rate of 4.1%.

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Education

In Niagara Falls, 88.8% of residents age 25+ have a high school diploma or higher, and 22.7% hold a bachelor's degree or higher (8.8% with a graduate or professional degree).

HS Diploma+
88.8%
Bachelor's+
22.7%
Graduate+
8.8%
Education Level % of Adults (25+)
High School Diploma or Higher88.8%
Bachelor's Degree or Higher22.7%
Graduate or Professional Degree8.8%

Housing

The median home value in Niagara Falls is $115,300, below the national median of $303,400. The median monthly rent is $823. The homeownership rate is 58.5%.

$115,300
Median Home Value
$823/mo
Median Rent
58.5%
Homeownership Rate
Housing Metric Value
Median Home Value$115,300
Median Monthly Rent$823
Homeownership Rate58.5%
Vacancy Rate13.4%

Salaries in New York

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Frequently Asked Questions

What is the population of Niagara Falls, New York?
The population of Niagara Falls, New York is 47,987 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Niagara Falls, New York?
The median household income in Niagara Falls, New York is $49,101. This is 39.1% below the national median of $80,610.
What is the median home value in Niagara Falls, New York?
The median home value in Niagara Falls, New York is $115,300. The median monthly rent is $823.
What percentage of people in Niagara Falls have a college degree?
In Niagara Falls, New York, 22.7% of adults age 25 and older hold a bachelor's degree or higher, and 88.8% have a high school diploma or higher.
Is Niagara Falls, New York an affordable place to live?
The home price-to-income ratio in Niagara Falls, New York is 2.3x (median home value $115,300 vs. median income $49,101), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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