Buffalo, NY — income, home value, property tax, and sales tax.
In ZIP code 14037, near Buffalo, homes carry a median value of $277,600, and the county-level effective property tax rate of 2.25% translates into roughly $6,246 a year in taxes on such a home. With median household income at $93,594 and per-capita income at $48,689, that annual bill amounts to about 6.7% of household earnings. The combined sales tax rate of 8.00% adds further cost to everyday purchases, so buyers weighing a move here should account for both the property tax load and ongoing sales taxes alongside their mortgage.
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