Income & Economy in Buffalo city, NY (14220)
Median Income
$68,337
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,027
Wealth inflow
Population
23,786
Unemployment
7.0%
3.3pp above US avg
IRS migration statistics show a net inflow of about 1,027 for ZIP 14220 (Buffalo city, NY) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 14220 (2020–Present)
Since 2020, population grew 5.1%, median income fell 5.1% (inflation-adjusted), home values increased 24.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $68,337 |
| Unemployment | 7.0% |
| Establishments | 299 |
| Employees | 7,962 |