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Lackawanna, NY

Full City Profile · New York · Erie County County

3.0 /5.0
B Good
19,779 Population 3,020/sq mi density
$48,185 Median Income $26,448 per capita
$126,500 Home Value $232,351 Zillow
$823 Median Rent 30.3% income on rent
49°F Avg Temperature 246 sunny days/yr
457 Violent Crime/100K 2,133 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$48,185 median income, 3.3% unemployment
A+
Affordability
5.0 / 5.0
$126,500 home value, $823/mo rent
F
Safety
1.0 / 5.0
457 violent crimes/100K (20% above avg)
C+
Education
2.6 / 5.0
20.0% bachelor's degree or higher

Housing Overview

Median Home Value
$126,500
55% below
US avg: $281,900
Median Rent
$823/mo
29% below
US avg: $1,163/mo
Homeownership Rate
55.1%
16% below US avg (65.4%)
Total Housing Units
9,368
Median year built: 1953

Home Value by Source

Census Median
$126,500
Zillow (ZHVI)
$232,351
Median Sale Price
$213,500
Median List Price
$194,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

55.1%
Owner-Occupied
44.9%
Renter-Occupied
55%
45%
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: $823/mo

Market Indicators (Redfin)

Median Days on Market
15 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$158
Active Inventory
10
homes for sale

Affordability & Housing Stock

Rent Burden
30.3%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
55.1%

Complete Housing Data

Home Values

Census Median Value$126,500
Zillow Home Value (ZHVI)$232,351
Median Sale Price$213,500
Median List Price$194,900
Price Per Sq Ft$158

Rent

Census Median Rent$823
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

Days on Market15
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold8
Active Inventory10
Price Per Sq Ft$158

Ownership & Stock

Owner-Occupied55.1%
Renter-Occupied44.9%
Homeownership Rate55.1%
Total Housing Units9,368
Median Year Built1953
Rent Burden30.3%