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Niagara Falls, ON
Full City Profile · Ontario
Niagara Falls, ON
At a Glance
How Niagara Falls Compares to the U.S. Average
Each bar shows Niagara Falls's value as a percentage of the national average (100% = U.S. avg)
Is Niagara Falls a Good Place to Live?
Economy & Jobs
Niagara Falls residents earn a median household income of $74,500 , which is 1% below the national average of $75,149. Per capita income is $42,760. The unemployment rate stands at 22.6% (528% above the U.S. rate of 3.6%). 11.5% of residents live below the poverty line. The area is home to 235 business establishments, including 145 restaurants.
Housing & Cost of Living
The median home value in Niagara Falls is $552,000 , 96% above the national median of $281,900. Median rent is $1,110/month, with 23.3% of renters spending more than 30% of income on housing.
Education
13.4% of adults in Niagara Falls hold a bachelor's degree or higher (60% below the national average). 33.1% have completed high school.
Climate & Weather
Niagara Falls has an average annual temperature of 50°F (10°C). Winters average 27°F in January while summers reach 72°F in July. The area gets 269 sunny days per year. Annual precipitation totals 43.7 inches.