Economy in Buffalo, New York
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Economy
| Unemployment Rate | 9.40% | 9.10% |
| Recent Job Growth | -1.39% | -0.12% |
| Future Job Growth | 27.82% | 31.25% |
| Sales Taxes | 8.75% | 6.80% |
| Income Taxes | 6.85% | 6.25% |
| Income per Cap. | $17,841 | $27,067 |
| Household Income | $29,061 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 27.46% | 12.10% |
| Income between 15K and 25K | 17.00% | 10.18% |
| Income between 25K and 35K | 13.52% | 10.56% |
| Income between 35K and 50K | 14.63% | 14.98% |
| Income between 50K and 75K | 13.93% | 19.53% |
| Income between 75K and 100K | 6.59% | 12.52% |
| Income between 100K and 150K | 4.73% | 12.14% |
| Income between 150K and 250K | 0.98% | 3.91% |
| Income between 250K and 500K | 0.97% | 3.34% |
| Income greater than 500K | 0.19% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.38% | 13.81% |
| Professional and Related Occupations | 26.12% | 22.68% |
| Service | 19.22% | 14.51% |
| Sales and Office | 25.17% | 25.22% |
| Farming, Fishing, and Forestry | 0.07% | 0.68% |
| Construction, Extraction, and Maintenance | 5.02% | 9.37% |
| Production, Transportation, and Material Moving | 15.32% | 15.86% |
The unemployment rate in Buffalo, NY, is 9.40%, with job growth of -1.39%. Future job growth over the next ten years is predicted to be 27.82%.
Buffalo, NY Taxes
Buffalo, NY,sales tax rate is 8.75%. Income tax is 6.85%.
Buffalo, NY Income and Salaries
The income per capita is $17,841, which includes all adults and children. The median household income is $29,061.
Buffalo Economy SperlingViews
The future of Buffalo???: I was raised in Buffalo and left in 1996 to be a part of the construction/development boom in Charlotte and Miami. I have recently returned and their has been very... (read more)Jobs and economy: The economy is very bad in Buffalo, since we have been going through economic problems for years the recessions has hurt us the least and that is a sad thing to say. ... (read more)What Recession?: I tend to laugh when I read about the recession that is hitting the United States. Buffalo has been in a recession since 1971 and no one seems to care. It is so bad that... (read more)Have an opinion about Buffalo? Leave a commentTo See All SperlingViews for Buffalo Click Here
