Niagara Falls, NY Profile: Facts & Data

The City of Niagara Falls had a population of 47,422 as of July 1, 2024. Niagara Falls ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New York. See peer rankings below.

The primary coordinate point for Niagara Falls is located at latitude 43.0945 and longitude -79.0567 in Niagara County. The formal boundaries for the City of Niagara Falls encompass a land area of 14.09 sq. miles and a water area of 2.74 sq. miles. Niagara County is in the Eastern time zone (GMT -5).

The City of Niagara Falls has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Niagara Falls, NY Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	47,422 (100%)
Population in Households	47,019 (99.2%)
Population in Families	33,112 (69.8%)
Population in Group Quarters¹	403 ( 0.8%)
Population Density	3,368
Diversity Index²	62


INCOME
Median Household Income	$43,432
Average Household Income	$68,789
% of Income for Mortgage⁴	18%
Per Capita Income	$31,534
Wealth Index⁵	52
Socioeconomic Status Index⁶	Low (41.2)

HOUSING
Total HU (Housing Units)	25,537 (100%)
Owner Occupied HU	11,206 (43.9%)
Renter Occupied HU	10,520 (41.2%)
Vacant Housing Units	3,811 (14.9%)
Median Home Value	$122,032
Average Home Value	$252,963
Housing Affordability Index³	121

HOUSEHOLDS
Total Households	21,726
Average Household Size	2.16
Family Households	11,374
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Niagara Falls, NY - Peer Comparisons by Rank and Percentile

The table below compares Niagara Falls to the other 1,292 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.61%	-0.51%
Households	-0.22%	-0.12%
Families		-0.19%
Median Household Income		2.91%
Per Capita Income		3.21%
Owner Occupied HU		0.29%

Variable Description	Rank	Percentile
Total Population	# 19	99th
Population Density	# 241	81st
Median Household Income	# 1262	2nd
Housing Affordability Index	# 925	72nd
Per Capita Income	# 1113	14th
Diversity Index	# 234	82nd

Niagara Falls, NY Profile: Facts & Data

Niagara Falls, New York - Basic Facts

Niagara Falls, NY Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Niagara Falls, NY - Peer Comparisons by Rank and Percentile

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