Zip 14202 (Buffalo, NY) Economy


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14202 Buffalo, NY is an area with a favorable cost of living. The average 2 bedroom rent in the area is $1,090 which is much lower than the US average of $1,430. The grocery cost index in this area is also above 100, meaning that groceries are slightly more expensive here than the national average. Local companies in 14202 Buffalo, NY include Rich Products Corporation, Tops Friendly Markets and Logicalis US. Other businesses in the area include Zotos International and Meyers Printers. These companies provide many jobs to local residents and contribute to the economic development of the city.

Buffalo (zip 14202) has an unemployment rate of 9.5%. The US average is 6.0%.

Buffalo (zip 14202) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.

Tax Rates for Buffalo (zip 14202)
- The Sales Tax Rate for Buffalo (zip 14202) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Buffalo (zip 14202) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Buffalo (zip 14202)
- The average income of a Buffalo (zip 14202) resident is $43,075 a year. The US average is $28,555 a year.
- The Median household income of a Buffalo (zip 14202) resident is $50,526 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBuffalo, New YorkUnited States
  9.56
  -6.0%-6.2%
  21.9%33.5%
  8.8%6.2%
  6.2%4.6%
  $51,424$37,638
  $50,526$69,021
  $58,125$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.7%6.8%
  12.0%10.0%
  9.4%2.5%
  2.2%11.0%
  3.7%4.8%
  0.0%0.8%
  2.6%1.9%
  6.9%4.7%
  4.0%1.9%
  13.2%7.6%
  0.0%0.1%
  0.8%4.2%
  11.0%9.3%
  13.9%14.0%
  2.1%2.1%
  7.8%7.0%
  4.2%4.8%
  3.4%4.7%
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