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Economy, jobs and prices in Buffalo, New York: official figures

The median household income in Buffalo was $50,041 a year in the 2020-2024 American Community Survey (in 2024 dollars), 37th lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the New York median $85,974.

Median household income
$50,041
2020-2024
Unemployment rate (ACS)
7.3%
2020-2024
Mean travel time to work
19.9 min
2020-2024
Median gross rent (monthly)
$1,046
2020-2024
Median home value (owner-occupied)
$164,200
2020-2024
Homes occupied by their owners
43.0%
2020-2024
Households with a broadband subscription
88.5%
2020-2024

What is the per capita income in Buffalo?

Income per resident (per capita income) in Buffalo averaged $31,843 a year in 2020-2024, 140th lowest of 823 US cities of 50,000 or more (US: $44,673; New York: $50,712).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Buffalo?

Buffalo's Gini index of household income inequality was 0.502 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 101st most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Buffalo, New York?

7.3% of the civilian labor force in Buffalo was unemployed on average over 2020-2024 (9,732 people), 136th highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and New York's 6.4%.

Source: U.S. Census Bureau · saved copy

What share of people in Buffalo are working?

60.4% of Buffalo's 221,590 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 116th lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Buffalo have jobs?

124,111 residents of Buffalo held civilian jobs, 56.0% of those aged 16 and over (US: 59.7%), and 107 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Buffalo?

The largest industry group for working residents of Buffalo was education, health care and social assistance (31.1% of employed residents), followed by professional, scientific, management and administrative services (10.8%) and retail trade (10.5%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Buffalo work in manufacturing?

Manufacturing employed 9.3% of working residents of Buffalo, 384th highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 10.8% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Buffalo, New York?

Commuters in Buffalo took 19.9 minutes on average to get to work in 2020-2024, 150th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 3.9% travelled an hour or more and 33.1% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Buffalo get to work?

11.3% of workers living in Buffalo worked from home in 2020-2024, 275th lowest of 823 US cities of 50,000 or more (US: 15.1%). 62.8% drove to work alone, 10.2% carpooled, 8.1% used public transport and 4.5% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Buffalo, New York?

The median gross rent (rent plus utilities) in Buffalo was $1,046 a month in 2020-2024, 92nd lowest of 823 US cities of 50,000 or more (US: $1,413; New York: $1,621).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Buffalo?

Owner-occupied homes in Buffalo had a median value of $164,200 in 2020-2024 as estimated by their owners, 54th lowest of 823 US cities of 50,000 or more (US: $332,700; New York: $423,800).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Buffalo?

The median home value in Buffalo was 3.3 times the median household income, 144th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Buffalo, New York own their home?

43.0% of the 119,630 occupied homes in Buffalo were lived in by their owners in 2020-2024 and 68,134 were rented, 92nd lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; New York: 54.3%).

Source: U.S. Census Bureau · saved copy

What share of homes in Buffalo have broadband?

88.5% of households in Buffalo had a broadband internet subscription of some type in 2020-2024, 129th lowest of 823 US cities of 50,000 or more (US: 91.0%; New York: 90.8%).

Source: U.S. Census Bureau · saved copy

How many households in Buffalo have no internet?

8.0% of households in Buffalo (9,621) had no internet access at home in 2020-2024, 130th highest of 823 US cities of 50,000 or more (US: 6.5%); 13.4% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Buffalo compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Buffalo ranks 787 of 823, highest first.

RankCityMedian household income (2024 dollars)
784College Station$50,900
785Scranton$50,739
786Bloomington$50,465
787Buffalo$50,041
788Baton Rouge$49,994
789Gulfport$49,919
790Greenville$49,748
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Buffalo ranks 684 of 823, highest first.

RankCityPer capita income (2024 dollars)
681Garland$31,917
682Augusta$31,910
683Bryan$31,849
684Buffalo$31,843
685Tuscaloosa$31,728
686Pueblo$31,726
687St. Cloud$31,724
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Buffalo ranks 101 of 823, highest first.

RankCityGini index of household income inequality
98Salt Lake City0.503
99Clearwater0.503
100Chattanooga0.503
101Buffalo0.502
102Charlotte0.500
103Appleton0.500
104Kingsport0.499
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Buffalo ranks 136 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
133Santa Maria7.3%
134Anderson7.3%
135West Haven7.3%
136Buffalo7.3%
137Olympia7.3%
138Rancho Cordova7.3%
139South Fulton7.2%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Buffalo ranks 708 of 823, highest first.

RankCityLabor force participation rate (16 and over)
705San Bernardino60.6%
706Cleveland60.5%
707San Jacinto60.5%
708Buffalo60.4%
709Jackson60.4%
710Beaumont60.4%
711Ann Arbor60.3%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Buffalo ranks 674 of 823, highest first.

RankCityMean travel time to work (minutes)
671Ann Arbor20.0
672Cathedral City19.9
673Jackson19.9
674Buffalo19.9
675Auburn19.9
676North Little Rock19.8
677St. Cloud19.8
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Buffalo ranks 549 of 823, highest first.

RankCityWorkers who worked from home
546Bristol11.4%
547Bradenton11.4%
548Newark11.3%
549Buffalo11.3%
550Fort Pierce11.3%
551Garden Grove11.3%
552Westland11.3%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Buffalo ranks 46 of 823, highest first.

RankCityWorkers commuting by public transportation
43Clifton9.0%
44Lynn8.7%
45Richmond8.2%
46Buffalo8.1%
47San Leandro8.0%
48Newton7.7%
49Wilmington7.7%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Buffalo ranks 384 of 823, highest first.

RankCityEmployed residents working in manufacturing
381Grand Forks9.3%
382Jackson9.3%
383Somerville9.3%
384Buffalo9.3%
385Reno9.3%
386Murfreesboro9.3%
387Orange9.2%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Buffalo ranks 53 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
50Bethlehem31.3%
51Lynchburg31.2%
52Waltham31.2%
53Buffalo31.1%
54Tuscaloosa31.0%
55Milford31.0%
56Lawrence30.9%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Buffalo ranks 732 of 823, highest first.

RankCityMedian gross rent per month
729Bloomington$1,050
730McAllen$1,049
731Scranton$1,048
732Buffalo$1,046
733Eau Claire$1,045
734Syracuse$1,039
735Cuyahoga Falls$1,038
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Buffalo ranks 770 of 823, highest first.

RankCityMedian value of owner-occupied homes
767Hamilton$165,200
768Midwest City$164,500
769Middletown$164,400
770Buffalo$164,200
771Springfield$162,100
772Montgomery$161,900
773Trenton$160,700
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Buffalo ranks 677 of 820, highest first.

RankCityMedian home value as a multiple of median household income
674Hoffman Estates3.3x
675Baytown3.3x
676Rowlett3.3x
677Buffalo3.3x
678Burleson3.3x
679Shawnee3.3x
680Memphis3.3x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Buffalo ranks 732 of 823, highest first.

RankCityOccupied homes lived in by their owners
729Lowell43.2%
730Redmond43.2%
731Allentown43.2%
732Buffalo43.0%
733Paramount43.0%
734Mount Vernon42.9%
735Tuscaloosa42.9%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Buffalo ranks 695 of 823, highest first.

RankCityHouseholds with a broadband subscription
692Glendale88.6%
693Bethlehem88.5%
694Taylor88.5%
695Buffalo88.5%
696Columbia88.5%
697Winston-Salem88.4%
698Pocatello88.4%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Buffalo ranks 130 of 823, highest first.

RankCityHouseholds with no internet access
127El Monte8.1%
128West Allis8.1%
129Hanford8.0%
130Buffalo8.0%
131Jackson8.0%
132Albany8.0%
133Tamarac8.0%
Source: U.S. Census Bureau · saved copy

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Sources

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