Niagara Falls, NY
Population 48,198 · New York
About Niagara Falls, NY
Niagara Falls is a mid-sized city in New York with a population of 48,198 residents. The median household income is $48,535 per year, which is below the national average. The median age in Niagara Falls is 40.7 years.
Housing in Niagara Falls has a median home value of $104,400 and median monthly rent of $784. Of the 26,161 total housing units, the majority are owner-occupied, with 13,001 owner-occupied and 9,626 renter-occupied units.
The unemployment rate in Niagara Falls is 9.7% and the poverty rate is 23.7%. 22.8% of residents hold a bachelor's degree or higher. The average commute time is 18.4 minutes.
How Niagara Falls Ranks in New York
Cost of Living in Niagara Falls, NY
Compared to national averages, Niagara Falls has a median household income of $48,535 (35% below the national median of $75,149). Home values average $104,400, which is 57% below the national median. Monthly rent at $784 is 33% below the US average of $1,163. Within New York, Niagara Falls's income is 50% below the state average of $96,987, and home values are 73% below the state median of $387,181.
Why Live in Niagara Falls, NY?
Niagara Falls offers affordable housing with a median home value of $104,400, below the US average of $244,900, and rent that’s lower than the national average at $784/month, and short commute times averaging just 18.4 minutes.
Potential considerations include median household income ($48,535) that falls below the national average. However, Niagara Falls’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Niagara Falls has a population of 48,198 with a median age of 40.7 years. Compare Niagara Falls with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Niagara Falls
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Binghamton | 47,357 | $44,331 | $117,400 | Compare |
| Irondequoit | 50,438 | $76,871 | $169,000 | Compare |
| Troy | 51,054 | $57,688 | $192,500 | Compare |
| West Seneca | 45,329 | $75,465 | $215,000 | Compare |
| Levittown | 51,557 | $139,696 | $564,000 | Compare |
| Freeport | 44,102 | $118,755 | $479,700 | Compare |
| Hicksville | 43,868 | $148,008 | $617,100 | Compare |
| West Babylon | 43,239 | $127,785 | $490,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Niagara Falls
What is the population of Niagara Falls, NY?
The population of Niagara Falls, NY is 48,198 according to the latest Census data.
What is the median household income in Niagara Falls?
The median household income in Niagara Falls, NY is $48,535 per year.
What is the median home value in Niagara Falls?
The median home value in Niagara Falls, NY is $104,400.
What is the average rent in Niagara Falls?
The median monthly rent in Niagara Falls, NY is $784.
What is the unemployment rate in Niagara Falls?
The unemployment rate in Niagara Falls, NY is 9.7%.