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Tonawanda Town, NY

Full City Profile · New York · Erie County County

3.6 /5.0
B+ Good
56,973 Population 3,293/sq mi density
$76,644 Median Income $43,530 per capita
$199,400 Home Value $268,279 Zillow
$1,062 Median Rent 31.4% income on rent
49°F Avg Temperature 246 sunny days/yr
146 Violent Crime/100K 1,278 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$76,644 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$199,400 home value, $1,062/mo rent
F
Safety
1.0 / 5.0
146 violent crimes/100K
A
Education
4.1 / 5.0
38.5% bachelor's degree or higher

Housing Overview

Median Home Value
$199,400
29% below
US avg: $281,900
Median Rent
$1,062/mo
9% below
US avg: $1,163/mo
Homeownership Rate
72.9%
11% above US avg (65.4%)
Total Housing Units
27,592
Median year built: 1955

Home Value by Source

Census Median
$199,400
Zillow (ZHVI)
$268,279
Median Sale Price
$245,000
Median List Price
$240,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.9%
Owner-Occupied
27.1%
Renter-Occupied
73%
27%
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: $1,062/mo

Market Indicators (Redfin)

Median Days on Market
22 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
43
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$185
Active Inventory
18
homes for sale

Affordability & Housing Stock

Rent Burden
31.4%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
72.9%

Complete Housing Data

Home Values

Census Median Value$199,400
Zillow Home Value (ZHVI)$268,279
Median Sale Price$245,000
Median List Price$240,000
Price Per Sq Ft$185

Rent

Census Median Rent$1,062
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 Market22
Sale-to-List Ratio1.0%
Price Drops16.7%
Homes Sold43
Active Inventory18
Price Per Sq Ft$185

Ownership & Stock

Owner-Occupied72.9%
Renter-Occupied27.1%
Homeownership Rate72.9%
Total Housing Units27,592
Median Year Built1955
Rent Burden31.4%