Pros and Cons of Living In Buffalo, New York. Is Buffalo, NY a Nice Place To Live or Retire?

Buffalo, New York

Moving to Buffalo In New York ? Is Buffalo, NY a Nice Place To Live? Pros and Cons of Living in Buffalo, New York. Find out the best and worst about to live, raise a family or retire in Buffalo.

DEMOGRAPHICS

Population
255805
Unemployment
7.6%
62% NAT AVG.
Poverty
28.3%
102% NAT AVG.
Cost Of Living
84
16% NAT AVG.

ECONOMICS

Median Home Cost
$101000
56% NAT AVG.
Median Income
$39677
41% NAT AVG.
Median Rent
$801
31% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
10436
75% NAT. AVG.
131% STATE AVG.
Violent Crime
2592
162% NAT. AVG.
180% STATE AVG.
Property Crime
7844
57% NAT. AVG.
118% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 13
People Earning < $10,000
1 in 8
People Earning < $50,000
58.9%
People With Any Degree
1 in 2.6

ETHNICITY

Ethnicity Buffalo USA
White 43.4% 60.1%
African American 34.2% 12.2%
American Indian 0.4% 0.6%
Asian 6.3% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 3.3% 2.8%
Hispanic 12.2% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Buffalo USA
Less than $10,000 12.7% 5.8%
$10,000 to $14,999 8.8% 4.1%
$15,000 to $24,999 13.4% 8.5%
$25,000 to $34,999 10.9% 8.6%
$35,000 to $49,999 13.1% 12.0%
$50,000 to $74,999 16.2% 17.2%
$75,000 to $99,999 9.6% 12.8%
$100,000 to $149,999 9.2% 15.6%
$150,000 to $199,999 3.4% 7.1%

EDUCATION

Education Buffalo USA
< 9th Grade 3% 5.0%
9-12th Grade 10% 7.0%
High School or GED 28% 27.0%
Other College 20% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 16% 20.0%
Master's Degree 9% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 2% 1.0%
Buffalo is a city in New York state in USA with a population of 255805 residents.. The poverty rate of Buffalo is 28.3%, which is 102% higher than national average. The typical household in Buffalo earns $39677 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 58.9% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Buffalo remained 7.6%, which is 62% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Buffalo is 84, which is 16% lower than national average. In Buffalo, only 29% of adults have a bachelor's degree and 30% have some college but no degree. Median home value in Buffalo is $101000 , which is 56% lower than national average. While median income in Buffalo remained $39677, which is 41% lower than national average.
Buffalo Scorecard

Jobs40%

Housing60%

Affordability60%

Safety30%

Amenities100%

Diversity100%

Education70%

THANKS FOR READING

Read this story and other stories in details on our Website.