Zip 14203 (Buffalo, NY) Economy


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The 2 bedroom rent in Buffalo, NY with zip code 14203 is $1,530, which is slightly higher than the US average of $1,430. The Grocery Cost Index for the area also stands at 97 versus 100 in the US. There are many companies based in Buffalo, such as M&T Bank Corporation, Rich Products Corporation and Rosina Food Products. Another renowned company in the city is New Era Cap Company which manufactures and sells headwear worldwide. Additionally, there are many other big and small businesses operating in the area such as Zep Manufacturing Company and Rand Capital Corporation which provide various services to the local community.

Buffalo (zip 14203) has an unemployment rate of 9.5%. The US average is 6.0%.

Buffalo (zip 14203) has seen the job market decrease by -6.0% 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 14203)
- The Sales Tax Rate for Buffalo (zip 14203) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Buffalo (zip 14203) 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 14203)
- The average income of a Buffalo (zip 14203) resident is $37,506 a year. The US average is $37,638 a year.
- The Median household income of a Buffalo (zip 14203) resident is $42,067 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBuffalo, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
Family Median Income 85028
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