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Niagara Falls city, NY

ZIP 14304 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 14304

Median Home Value
$151,500
Median Rent
$752
Affordability Snapshot
$42,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$973/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

16.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 14304 in Niagara Falls city, NY, a household would need roughly $42,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $973. That sits below the local median household income ($64,756), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
73.4%+12% vs US avg
x
Vacancy Rate
5.8%-44% vs US avg
x
Broadband Access
89.3%+3% vs US avg
x
4+ Bedrooms
1.9%-87% vs US avg
x
Built Pre-1939
12.4%-3% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
19.9%-60% vs US avg
x
Mortgage-Free
43.7%+15% vs US avg
x
$151,500
Home Value
$752
Rent
1959
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached69.3%
  • 1-unit attached3.1%
  • 2-9 units12.3%
  • 10+ units9.4%
  • Mobile home & other5.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$151,500
Median rent$752
Owner-occupied73.4%
Vacant5.8%
Price-to-income2.3x
Est. income to buy$42,000