The rental costs in Buffalo, NY (14212) are relatively low compared to other parts of the United States, with a 2 bedroom rental costing only $950. This lower cost is also reflected in the Grocery Cost Index which is 96 versus 100 in the US. Local companies that residents rely on include Rich Products Corporation, M&T Bank, Delaware North Companies, and Empire State Development Corporation. Together they form a significant part of the economic base for Buffalo, NY (14212).
Buffalo (zip 14212) has an unemployment rate of 9.5%. The US average is 6.0%.
Buffalo (zip 14212) 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 14212)
- The Sales Tax Rate for Buffalo (zip 14212) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Buffalo (zip 14212) 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 14212)
- The average income of a Buffalo (zip 14212) resident is $19,605 a year. The US average is $37,638 a year.
- The Median household income of a Buffalo (zip 14212) resident is $31,376 a year. The US average is $69,021 a year.