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

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Niagara Falls, New York

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

DEMOGRAPHICS

Population
47978
Unemployment
6.5%
38% NAT AVG.
Poverty
23.5%
68% NAT AVG.
Cost Of Living
81
19% NAT AVG.

ECONOMICS

Median Home Cost
$78500
66% NAT AVG.
Median Income
$41137
39% NAT AVG.
Median Rent
$649
44% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
2279
103% NAT. AVG.
168% STATE AVG.
Violent Crime
431
132% NAT. AVG.
147% STATE AVG.
Property Crime
1848
97% NAT. AVG.
173% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 15
People Earning < $10,000
1 in 9
People Earning < $50,000
59.8%
People With Any Degree
1 in 3.1

ETHNICITY

Ethnicity Niagara Falls USA
White 66.2% 60.1%
African American 19.8% 12.2%
American Indian 1% 0.6%
Asian 1.5% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 5.1% 2.8%
Hispanic 5.8% 18.2%
Other 0.5% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Niagara Falls USA
Less than $10,000 11.1% 5.8%
$10,000 to $14,999 8.7% 4.1%
$15,000 to $24,999 13.6% 8.5%
$25,000 to $34,999 10.9% 8.6%
$35,000 to $49,999 15.5% 12.0%
$50,000 to $74,999 15.3% 17.2%
$75,000 to $99,999 11.4% 12.8%
$100,000 to $149,999 8.4% 15.6%
$150,000 to $199,999 2.7% 7.1%

EDUCATION

Education Niagara Falls USA
< 9th Grade 4% 5.0%
9-12th Grade 8% 7.0%
High School or GED 35% 27.0%
Other College 21% 20.0%
Associate's Degree 13% 9%
Bachelor's Degree 11% 20.0%
Master's Degree 7% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
Niagara Falls is a city in New York state in USA with a population of 47978 residents.. The poverty rate of Niagara Falls is 23.5%, which is 68% higher than national average. The typical household in Niagara Falls earns $41137 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 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 59.8% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Niagara Falls remained 6.5%, which is 38% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Niagara Falls is 81, which is 19% lower than national average. In Niagara Falls, only 19% of adults have a bachelor's degree and 34% have some college but no degree. Median home value in Niagara Falls is $78500 , which is 66% lower than national average. While median income in Niagara Falls remained $41137, which is 39% lower than national average.
Niagara Falls Scorecard

Jobs50%

Housing40%

Affordability85%

Safety95%

Amenities95%

Diversity85%

Education60%

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