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Economy in Niagara Falls, New York

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyNiagara Falls, NYUnited States
Unemployment Rate7.70%8.60%
Recent Job Growth-1.79%0.35%
Future Job Growth28.72%32.10%
Sales Taxes8.00%5.00%
Income Taxes6.85%4.70%
Income per Cap.$19,828$26,154
Household Income$33,107$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K22.66%12.37%
Income between 15K and 25K15.83%10.53%
Income between 25K and 35K14.13%10.88%
Income between 35K and 50K15.79%15.37%
Income between 50K and 75K16.21%20.14%
Income between 75K and 100K8.01%12.41%
Income between 100K and 150K5.39%11.27%
Income between 150K and 250K1.64%5.01%
Income between 250K and 500K0.32%1.86%
Income greater than 500K0.02%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.50%14.04%
Professional and Related Occupations15.11%20.61%
Service19.40%14.45%
Sales and Office29.14%26.75%
Farming, Fishing, and Forestry0.11%0.70%
Construction, Extraction, and Maintenance7.92%9.42%
Production, Transportation, and Material Moving18.82%14.05%


Median Household Income

The unemployment rate in Niagara Falls, NY, is 7.70%, with job growth of -1.79%. Future job growth over the next ten years is predicted to be 28.72%.

Niagara Falls, NY Taxes

Niagara Falls, NY,sales tax rate is 8.00%. Income tax is 6.85%.

Niagara Falls, NY Income and Salaries

The income per capita is $19,828, which includes all adults and children. The median household income is $33,107.


Niagara Falls Economy SperlingViews

Ghetto and Corrupt City: Niagara Falls has very high crime and a steady increase in gang activity. Unemployment is very high, there is a lot of pollution and winters are too long. The falls... (read more)NIagara Falls and specifically 11th and South Str: Niagara Falls is plagued by contamination for radioactive waste and dumping, high crime high taxes and corrupt politicians. One would figure that a smaller town... (read more)Stay Away: Niagara Falls is a very dangerous city, backed up by corrupt politicians. Brick fights on the street are not uncommon. Even Buffalo makes fun of the dysfunction in... (read more)Have an opinion about Niagara Falls? Leave a commentTo See All SperlingViews for Niagara Falls Click Here