Zip 14221 (Buffalo, NY) Economy


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\n14221 Buffalo, NY is an excellent area to live. The 2 bedroom rent is lower than the national average, with a price of only $1,400. Furthermore, the Grocery Cost Index in 14221 Buffalo, NY is 105 versus 100 in the US, which means groceries are cheaper here than most other places. This makes 14221 Buffalo, NY a great place to live for those looking for affordability without sacrificing quality. Other local amenities include the nearby Elmwood Village Shopping District, which offers high-end boutiques and cafes; Nine Mile Creek Bike Path; Tifft Nature Preserve; and several shopping malls such as Boulevard Mall and Walden Galleria. Additionally, popular companies like M&T Bank Corporation and Delaware North Companies Incorporated have offices in this zip code area.

Buffalo (zip 14221) has an unemployment rate of 5.1%. The US average is 6.0%.

Buffalo (zip 14221) 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 27.2%, which is lower than the US average of 33.5%.

Tax Rates for Buffalo (zip 14221)
- The Sales Tax Rate for Buffalo (zip 14221) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Buffalo (zip 14221) 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 14221)
- The average income of a Buffalo (zip 14221) resident is $41,582 a year. The US average is $28,555 a year.
- The Median household income of a Buffalo (zip 14221) resident is $89,001 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBuffalo, New YorkUnited States
  5.16
  -6.0%-6.2%
  27.2%33.5%
  8.8%6.2%
  6.2%4.6%
  $51,332$37,638
  $89,001$69,021
  $120,579$85,028
  Population by Occupation
  0.1%1.2%
  0.1%0.5%
  2.8%6.8%
  8.0%10.0%
  2.3%2.5%
  9.1%11.0%
  1.5%4.8%
  0.7%0.8%
  1.7%1.9%
  8.3%4.7%
  2.7%1.9%
  10.9%7.6%
  0.0%0.1%
  2.6%4.2%
  15.1%9.3%
  16.1%14.0%
  2.8%2.1%
  6.0%7.0%
  5.2%4.8%
  4.0%4.7%
Reviews for Buffalo
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Over 14 years ago

After being away from Buffalo for the past 7 years, I recently returned, "home". Although I worked and lived in 4 states, which had there own beauty and culture, Buffalo  More

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