In 2018, Buffalo, New York had a population of 256k people with a median age of 33.3 and a median household income of $37,359 dollars. Between 2017 and 2018 the population of Buffalo, NY declined from 258,592 to 256,322, a -0.878 percent decrease, and its median household income grew from $34,814 dollars to $37,359 dollars, a 7.31 percent increase.
The population of Buffalo, NY is 42.5 percent White Alone, 34.3 percent Black or African American Alone, and 12.9 percent Hispanic or Latino. N/A% of the people in Buffalo, NY speak a non-English language, and 93.9 percent are U.S. citizens.
The largest universities in Buffalo, NY are Erie Community College (2,381 degrees awarded in 2017), SUNY Buffalo State (2,276 degrees), and Canisius College (1,333 degrees).
The median property value in Buffalo, NY is $98,300 dollars, and the homeownership rate is 41.6 percent. Most people in Buffalo, NY commute by Drove Alone, and the average commute time is 18.9 minutes. The average car ownership in Buffalo, NY is 1 car per household.
In 2017, universities in Buffalo, NY awarded 8,053 degrees. The student population of Buffalo, NY is skewed towards women, with 12,879 male students and 18,475 female students.
Most students graduating from Universities in Buffalo, NY are White (5,215 and 66.4 percent), followed by Black or African American (1,115 and 14.2 percent), Unknown (651 and 8.28 percent), and Hispanic or Latino (447 and 5.69 percent).
The largest universities in Buffalo, NY by the number of degrees awarded are Erie Community College (2,381 and 29.6 percent), SUNY Buffalo State (2,276 and 28.3 percent), and Canisius College (1,333 and 16.6 percent).
The most popular majors in Buffalo, NY are General Studies (674 and 8.37 percent), General Business Administration & Management (568 and 7.05 percent), and Registered Nursing (433 and 5.38 percent).
The median tuition costs in Buffalo, NY are $26,800 dollars for private four-year colleges, and $6,670 dollars and $16,320 dollars respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Buffalo, NY employs 114k people and Buffalo has an unemployment rate of 5.8 percent. Buffalo has seen the job market increase by 1.0 percent over the last year. Future job growth over the next ten years is predicted to be 21.9 percent, which is lower than the US average of 33.5 percent. The largest industries in Buffalo, NY are Health Care & Social Assistance (20,598 people), Retail Trade (11,605 people), and Educational Services (11,731 people), and the highest paying industries are Agriculture, Forestry, Fishing & Hunting ($75,085 dollars), Agriculture, Forestry, Fishing & Hunting, & Mining ($61,192 dollars), and Public Administration ($60,094 dollars).
Households in Buffalo, NY have a median annual income of $37,359 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $34,814 dollars in 2017, which represents a 7.31 percent annual growth.
Tax Rates for Buffalo
– The Sales Tax Rate for Buffalo is 8.8 percent.
– The Income Tax Rate for Buffalo is 6.5 percent.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Buffalo
– The average earnings of a Buffalo resident are $20,726 dollars a year.
– The Median household earnings of a Buffalo resident is $31,668 dollars a year.