ZIP Code 14305 -- Niagara falls, NY

Niagara | 2024 American Community Survey Data

Key Insights

  • With a price-to-income ratio of 2.5x, housing here is relatively affordable compared to the recommended 3-5x benchmark.

Quick Overview

Population
16,696
Unknown
Median Income
$51,004
Home Value
$126,000
Median Rent
$896
Median Age
33.40
Diversity Index
64.70
High
Cost of Living
56.9
significantly below average
Unemployment
10.2%

About ZIP Code 14305

ZIP code 14305 in Niagara Falls, New York is a unknown area with a population of 16,696. The median household income is $51,004, which is This is 32% below the national median of $75,000.. The median home value is $126,000, representing a price-to-income ratio of 2.5x . The cost of living is significantly below average with an index of 56.9 (the national average is 100). Residents have a median age of 33.40 years. Approximately 25.7% of adults hold a bachelor's degree or higher. This ZIP code is located in Niagara, NY.

Population & Age

Total Population
16,696
Median Age
33.40
Male Population
8,144
48.8%
Female Population
8,552
51.2%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
64.70 High
White
56.0%
Black or African American
26.0%
Hispanic or Latino
6.9%
Asian
1.5%
Native American
1.0%
Pacific Islander
0.0%
Two or More Races
13.3%
Other Race
2.3%

Racial Composition

Income & Economy

Median Household Income
$51,004
Mean Household Income
$71,378
Per Capita Income
$30,375
Below Poverty Line
23.9%

This is 32% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$126,000
Median Rent
$896
Total Housing Units
8,336
Occupied Units
7,214
Vacant Units
1,122
13.5% vacancy
Median Year Built
1951
Owner Occupied
61.6%
Renter Occupied
38.4%
Price-to-Income Ratio 2.5x

Affordable housing market

Ownership vs Rental

Owner 61.6% Renter 38.4%

Education

High School Diploma or Higher 92.0%
Bachelor's Degree or Higher 25.7%
Graduate or Professional Degree 11.0%

Employment & Commuting

Civilian Labor Force
8,515
Employment Rate
89.8%
Unemployment Rate
10.2%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
73.2%
Carpool
9.6%
Public Transit
4.5%
Work from Home
8.2%

Cost of Living Index

56.9
significantly below average

The cost of living in ZIP code 14305 is 43.1% below the national average of 100.

0 National Avg (100) 200

Compare 14305 with:

Compare 14305 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Niagara Falls

ZIP Code Population Median Income Home Value
14304 29,208 $66,660 $164,000
14301 10,923 $34,549 $83,900
14303 6,156 $45,646 $79,400

Other ZIP Codes in Niagara

ZIP Code City Population Median Income
14094 Lockport 50,153 $75,427
14120 North tonawanda 44,241 $74,871
14304 Niagara falls 29,208 $66,660
14301 Niagara falls 10,923 $34,549
14092 Lewiston 10,247 $72,218
14132 Sanborn 6,453 $97,210

Frequently Asked Questions about ZIP Code 14305

ZIP code 14305 (Niagara falls, NY) has a total population of 16,696 according to the 2024 American Community Survey. The median age is 33.40 years.

The median household income in ZIP code 14305 is $51,004 per year, based on 2024 Census Bureau data. This is 32% below the national median of $75,000.

ZIP code 14305 is primarily located in Niagara falls, New York (NY). It falls within Niagara County.

The median home value in ZIP code 14305 is $126,000, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $896.

The median age in ZIP code 14305 is 33.40 years, compared to the national median of 38.9 years. This makes the area younger than the national average.

ZIP code 14305 has a cost of living index of 56.87 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 14305, 25.72% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 11.04% hold a graduate or professional degree.

The unemployment rate in ZIP code 14305 is 10.19%, which is above the national average of 3.6%. About 8.15% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.