dynamic.RE
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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is −10.6% YoY. inventory, +12.6% YoY, is the number to watch.
The median listing price is down 10.6% YoY while the median home got down 6.0% bigger, so value per square foot is down 3.9%.
U.S. Census ACS characteristics for ZIP 14305 itself, not its parent county.
Renters hold 38.4% of this ZIP's 7,214 occupied households, on a median household income of $51K.
| Measure | ZIP 14305 | Niagara County | Difference |
|---|---|---|---|
| Median Household Income | $51K | $70K | -$19K |
| Below Poverty Level | 23.9% | 13.5% | +10.4% |
| Median Age | 33.40 | 43.30 | -9.90 |
| Total Population | 16,696 | 210,721 | -- |
| Avg Household Size | 2.29 | 2.24 | +0.05 |
| Owner-Occupied | 61.6% | 71.2% | -9.5% |
| Worked From Home | 8.1% | 10.6% | -2.5% |
| Mean Commute | 19.50 | 22.50 | -3.00 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.3% to 210,721: residents under 18 are down 0.9% and those 65 and over are up 2.5%.
County median household income is $70K, 13.5% of residents are below the poverty level, 10.6% work from home.