Newfane, NY
Full City Profile · New York · Niagara County County
4.3
/5.0
A
Great
3,470
Population
655/sq mi density
$75,049
Median Income
$33,036 per capita
$143,500
Home Value
$252,113 Zillow
$836
Median Rent
9.0% income on rent
49°F
Avg Temperature
A
Overall
4.3 / 5.0
Strong
A+
Economy
4.5 / 5.0
$75,049 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$143,500 home value, $836/mo rent
B
Education
3.3 / 5.0
28.3% bachelor's degree or higher
Income Overview
Median Household Income
$75,049
0% below
US avg: $75,149
Per Capita Income
$33,036
15% below
US avg: $39,052
Unemployment Rate
1.4%
61% below
US avg: 3.6%
Poverty Rate
1.7%
86% below
US avg: 12.4%
Income Comparison: Newfane vs. U.S. Average
Each bar shows Newfane’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$75,049
100%
Per Capita
US: $39,052
$33,036
85%
IRS Avg AGI
US: $72,000
$65,629
91%
Avg Weekly Wage
US: $1,432
$1,071
75%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,071
25% below US avg ($1,432)
Mean Commute Time
25 min
9% below US avg (28 min)
Work From Home
16.1%
6% above US avg (15.2%)
Drive Alone
71.7%
2% below US avg (73.2%)
Public Transit
0.9%
82% below US avg (5.0%)
County GDP
$13,570M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
71.7%
Public Transit
0.9%
Work From Home
16.1%
Other
11.3%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
4,950
Restaurants
534
Healthcare
485
Retail
715
Manufacturing
254
Tax & Financial
IRS Avg Adjusted Gross Income
$65,629
9% below US avg ($72,000)
Avg Property Tax
$7,213
106% above US avg ($3,500)
Cost of Living Index
107.9
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $75,049 |
| Per Capita Income | $33,036 |
| IRS Avg Adjusted Gross Income | $65,629 |
| Avg Weekly Wage | $1,071 |
| County GDP | $13,570M |
Hardship Indicators
| Unemployment Rate | 1.4% |
| Poverty Rate | 1.7% |
| Gini Coefficient | 0.443 |
| Cost of Living Index | 107.9 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 71.7% |
| Public Transit | 0.9% |
| Work From Home | 16.1% |
Businesses
| Total Establishments | 4,950 |
| Restaurants | 534 |
| Healthcare | 485 |
| Retail | 715 |
| Manufacturing | 254 |
Tax
| IRS Avg AGI | $65,629 |
| Avg Property Tax | $7,213 |