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Niagara County, NY

RANK #41 / 996  ·  POP 212,230  ·  NY

PROJECTED GROWTH: +3.5%

Niagara County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Niagara County?

Niagara County, New York, is defined by its namesake, Niagara Falls, a major natural landmark that draws visitors globally. Located in western New York, just north of Buffalo, the county borders Lake Ontario and the Niagara River, which also forms part of the U.S.-Canada border. Commuting to Buffalo takes about 36 minutes by car or 52 minutes by bus. The county offers a mix of urban and rural settings, with communities like Lewiston known for outdoor recreation and festivals, and Lockport recognized for its historic Erie Canal locks. Numerous state parks, including Niagara Falls State Park, provide extensive opportunities for hiking, fishing, and winter sports.

Life in Niagara County offers a lower cost of living compared to larger cities in New York. The population includes families and retirees, with a notable presence of young professionals. Public schools in the county are generally above average, with several districts serving the area. The economy is significantly influenced by tourism, which supports a substantial portion of the workforce and generates considerable tax revenue. Beyond tourism, the county's economy is also supported by sectors such as manufacturing, agriculture, and energy, with ongoing efforts to foster business growth and job creation.

[02] Market Snapshot

Housing Ratio
3.3x

Undervalued relative to economy

GDP Growth
+2.9%

Above national median

Home Prices
+5.6%

Outpacing national median

Climate & Terrain
-0.5

Below-average climate & terrain

Price/Rent
12x

Below national median (13x)

Housing looks undervalued at 3.3x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Niagara County U.S. National

The Numbers

DEMOGRAPHICS
Population
212,230
-0.27% YoY
Median Household Income
$65,882
Median Home Value
$163,100
+5.6% 12mo
Median Rent
$823
Average Annual Pay
$55,707
+4.9% YoY
Employment
68,068
+0.7% YoY
Income-to-Home-Value
0.4039
More affordable than average
Migration Inflow
2.34%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$221,250
Days on Market
30
Active market
Months of Supply
2.0
Seller's market
Sale-to-List Ratio
97.4%
Negotiation room for buyers
Sold Above List
35.3%
Listings w/ Price Drops
20.1%
Building Permits (2024)
167
Single-Family Permits
165

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$5,648M
TOTAL
PROJECT AMOUNT STATUS
Lake Mariner Data Center Expansion
TeraWulf
$3,200M Under Construction
Niagara Digital Campus
Niagara Falls Redevelopment (NFR) & Urbacon Data Centre Solutions
$1,500M Proposed
Amazon Robotics Fulfillment Center
Amazon
$550M Under Construction
Lockport Storage Battery Energy Storage System
Origis Energy
$180M Planned
Somerset Solar Array
AES
$125M Planned
Bear Ridge Solar
Cypress Creek Renewables
$93M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.9% 54 percentile
Population Growth -0.3% 17 percentile
Income Growth +8.3% 43 percentile
Vacancy Rate 1.3% 32 percentile
Home Price Change +5.6% 93 percentile
Rent Growth +6.0% 87 percentile
Price/Rent 12x 62 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Niagara County, NY a good place to move to?

Niagara County has a Boom Town Index score of 96/100, ranking #41 among 996 U.S. counties. With job growth at +0.7% and a median household income of $65,882, it's an above-average county on economic indicators.

Is Niagara County affordable?

The median home value in Niagara County is $163,100 with median rent at $823/month. The income-to-home-value ratio is 0.4039, which is more affordable than the national average.

Is Niagara County growing or shrinking?

Population growth: -0.3% year-over-year. Job growth: +0.7%. Home values changed +5.6% in the past 12 months.

Are people moving to Niagara County?

Yes — 2.34% of Niagara County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Winnebago County, IL 100 Madison County, NY 100 Oswego County, NY 100 Valencia County, NM 100 Taylor County, TX 100 Allen County, OH 100 Newton County, MO 99 Dodge County, WI 99