Economy in Niagara Falls, New York
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| Unemployment Rate | 7.70% | 8.60% |
| Recent Job Growth | -1.79% | 0.35% |
| Future Job Growth | 28.72% | 32.10% |
| Sales Taxes | 8.00% | 5.00% |
| Income Taxes | 6.85% | 4.70% |
| Income per Cap. | $19,828 | $26,154 |
| Household Income | $33,107 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 22.66% | 12.37% |
| Income between 15K and 25K | 15.83% | 10.53% |
| Income between 25K and 35K | 14.13% | 10.88% |
| Income between 35K and 50K | 15.79% | 15.37% |
| Income between 50K and 75K | 16.21% | 20.14% |
| Income between 75K and 100K | 8.01% | 12.41% |
| Income between 100K and 150K | 5.39% | 11.27% |
| Income between 150K and 250K | 1.64% | 5.01% |
| Income between 250K and 500K | 0.32% | 1.86% |
| Income greater than 500K | 0.02% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.50% | 14.04% |
| Professional and Related Occupations | 15.11% | 20.61% |
| Service | 19.40% | 14.45% |
| Sales and Office | 29.14% | 26.75% |
| Farming, Fishing, and Forestry | 0.11% | 0.70% |
| Construction, Extraction, and Maintenance | 7.92% | 9.42% |
| Production, Transportation, and Material Moving | 18.82% | 14.05% |
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