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Buffalo, New York Mortgage and Housing Information
Population: 292,648
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Buffalo
Income
| U.S. | New York | Buffalo | |
|---|---|---|---|
| Median Earnings | $27,239 | $30,469 | $22,138 |
| Median Earnings, Males | $32,396 | $35,493 | $24,826 |
| Median Earnings, Females | $22,097 | $25,761 | $21,054 |
Males earn $3,772 (17.9%) more than Females in Buffalo.
Commuting in Buffalo
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 72,317 |
| Carpooled | 15,961 |
| Public Transit | 13,625 |
| Bicycle | 481 |
| Walking | 5,904 |
| Other Means | 514 |
| Total, Commuted | 108,802 |
| Worked from home | 1,838 |
| Total | 110,640 |
Time Spent Commuting in Buffalo
Time spent commuting in Buffalo
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 2,681 |
| 5-9 | 11,784 |
| 10-14 | 20,540 |
| 15-19 | 23,721 |
| 20-24 | 20,739 |
| 25-29 | 6,025 |
| 30-34 | 11,216 |
| 35-39 | 1,530 |
| 40-44 | 1,804 |
| 45-59 | 3,797 |
| 60-89 | 3,135 |
| Over 90 | 1,830 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 14,396 | 18.7% | 16,134 | 21.0% |
| Associate Degree | 5,086 | 6.6% | 7,763 | 10.1% |
| Bachelor's Degree | 8,214 | 10.7% | 10,626 | 13.8% |
| Master's Degree | 4,328 | 5.6% | 6,351 | 8.2% |
| Professional Degree | 1,994 | 2.6% | 1,046 | 1.4% |
| Doctorate Degree | 837 | 1.1% | 448 | 0.6% |
| Total (at least some college) | 34,855 | 45.3% | 42,368 | 47.7% |
| Total over 25 | 76,985 | 100% | 88,858 | 100% |
Housing in Buffalo
Value of Houses and Condos
| U.S. | New York | Buffalo | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $303,400 | $60,900 |
Monthly Owner Costs
| U.S. | New York | Buffalo | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,789 | $989 |
| Without a mortgage | $399 | $617 | $430 |
Tenancy in Buffalo
| Owner-occupied homes | 48,903 |
|---|---|
| Renter-occupied homes | 61,823 |
| Homes for sale | 2,401 |
| Homes for rent | 7,521 |
| Total | 143,373 |
Ownership of Houses and Condos
Types of mortgages for owner-occupied Houses and Condos in Buffalo (2006)
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 19,261 | 39.4% |
| First Mortgage Only | 22,753 | 46.5% |
| Second Mortgage and/or Home Equity Loan | 6,889 | 14.1% |
| Total | 48,903 | 100% |
Age of Buffalo Residents
| Males | Females |
|---|---|
| 31 | 35 |
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