Gowanda, NY

Full City Profile · New York · Cattaraugus County County

3.3 /5.0
B Good
2,929 Population 1,842/sq mi density
$49,946 Median Income $24,635 per capita
$84,700 Home Value $166,180 Zillow
$709 Median Rent 33.0% income on rent
47°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$49,946 median income, 4.9% unemployment
A+
Affordability
5.0 / 5.0
$84,700 home value, $709/mo rent
D
Education
1.8 / 5.0
10.5% bachelor's degree or higher

Housing Overview

Median Home Value
$84,700
70% below
US avg: $281,900
Median Rent
$709/mo
39% below
US avg: $1,163/mo
Homeownership Rate
63.3%
3% below US avg (65.4%)
Total Housing Units
1,274
Median year built: 1938

Home Value by Source

Census Median
$84,700
Zillow (ZHVI)
$166,180
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

63.3%
Owner-Occupied
36.7%
Renter-Occupied
63%
37%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $709/mo

Affordability & Housing Stock

Rent Burden
33.0%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
63.3%

Complete Housing Data

Home Values

Census Median Value$84,700
Zillow Home Value (ZHVI)$166,180

Rent

Census Median Rent$709
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Ownership & Stock

Owner-Occupied63.3%
Renter-Occupied36.7%
Homeownership Rate63.3%
Total Housing Units1,274
Median Year Built1938
Rent Burden33.0%