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Niagara County, NY

RANK #127 / 1001 NAT  ·  #11 / 45 NY  ·  POP 210,721

1YR FORECAST: +3.1%

5YR OUTLOOK: +35%

Our model projects Niagara County's housing market to grow +3.1% over the next year, significantly outpacing the national average.

[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.

MARKET PROFILE

Heartland Steady Growth

Niagara County is one of 145 U.S. counties in this market profile — near the profile average on the BoomTown Index. Within this cohort, its recent home-price change of +6.7% runs above the profile's typical +4.9%.

See all 145 Heartland Steady Growth counties →

[02] Market Snapshot

Housing Ratio
9.9x

Overvalued relative to economy

Home Prices
+6.7%

Outpacing national median

Climate & Terrain
-0.5

Below-average climate & terrain

Price/Rent
14x

Below national median (15x)

Housing looks overvalued at 9.9x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Niagara Falls Air Reserve Station Military
    2,500+
  2. 2
    Seneca Niagara Resort & Casino Hospitality
  3. 3
    Fashion Outlets of Niagara Falls USA Retail
    1,000+
  4. 4
    General Motors Components Holdings, LLC Manufacturing
  5. 5
    Niagara County Government
  6. 6
    Niagara Falls Memorial Medical Center Healthcare
  7. 7
    Niagara County Community College Education
    500+
  8. 8
    City of Niagara Falls Government
  9. 9
    Niagara University Education
  10. 10
    Mount St. Mary's Hospital Healthcare

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Niagara County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
210,721
-0.29% YoY
Median Household Income
$69,633
Median Home Value
$189,800
+6.7% 12mo
Median Rent
$899
Average Annual Pay
$58,591
+5.2% YoY
Employment
68,606
+0.8% YoY
Income-to-Home-Value
0.3669
More affordable than average
Migration Inflow
3.01%
of pop. from another state
Bachelor's Degree+
28.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$224,900
Days on Market
14
Very hot — homes selling fast
Months of Supply
3.2
Balanced market
Sale-to-List Ratio
102.8%
Homes selling above asking
Sold Above List
53.5%
Listings w/ Price Drops
25.2%
Building Permits (2025)
271
Single-Family Permits
236

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

[05] Crime & Safety

C+
SAFETY
GRADE
Homicide Rate
5.1
per 100K · nat avg 6.3
Firearm Fatalities
8.9
per 100K · nat avg 14.8
Injury Deaths
84.1
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B+
AIR QUALITY
GRADE
Median AQI (3yr)
34.0
Good
Good Air Days
94%
1,004 of 1,071 days
Unhealthy+ Days (3yr)
2
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
34
2022
35
2023
33
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] Score Breakdown

Population Growth -0.3% 11 percentile
Income Growth +2.7% 48 percentile
Vacancy Rate 0.9% 61 percentile
Home Price Change +6.7% 95 percentile
Rent Growth +6.2% 87 percentile
Price/Rent 14x 67 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

Niagara County ranks #127 out of 1001 U.S. counties on the Boom Town Index with a score of 87/100, putting it in the top tier nationally. Job growth of +0.8% and a median household income of $69,633 point to a county with active economic momentum.

Is Niagara County affordable?

By national standards, Niagara County is quite affordable. Homes here have a median value of $189,800, and the income-to-home-value ratio of 0.37 is well above the U.S. average — especially with median rent at just $899/month. Residents can generally buy a home without being cost-burdened.

Is Niagara County growing or shrinking?

Population and employment in Niagara County are both close to flat — population -0.3% YoY and jobs +0.8%. Home values shifted +6.7% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Niagara County?

There's a moderate stream of newcomers. About 3.01% of residents moved from another state, which is above average and suggests Niagara County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

How is the housing market in Niagara County?

Home values climbed +6.7% year-over-year, which is a solid pace of appreciation. The median home in Niagara County is now valued at $189,800. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[10] Similar Counties by Size & Score

Otsego County, NY 88 Warren County, NY 86 Wayne County, NY 86 Sullivan County, NY 89 Broome County, NY 90 Jefferson County, NY 90 Muskegon County, MI 87 Berrien County, MI 87