Income & Economy in Niagara Falls city, NY (14304)
Median Income
$64,756
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,251
Wealth inflow
Population
28,965
Unemployment
6.4%
2.7pp above US avg
IRS migration statistics show a net inflow of about 1,251 for ZIP 14304 (Niagara Falls city, NY) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 14304 (2020–Present)
Since 2020, population declined 0.1%, median income fell 3.1% (inflation-adjusted), home values increased 14.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $64,756 |
| Unemployment | 6.4% |
| Establishments | 885 |
| Employees | 12,239 |