Buffalo, NY — income, home value, property tax, and sales tax.
In ZIP code 14061, near Buffalo, homes carry a median value of $171,900, and the county's 1.98% effective property tax rate translates into roughly $3,400 in annual taxes on such a home. With median household income at $111,250, that bill absorbs about three percent of yearly earnings, a share many households can absorb without strain. Per-capita income, by contrast, sits at $33,485, so individual resources vary widely across the area. Sales taxes add 8.75% to most purchases. Buyers weighing a move here should note how the property tax interacts with income: higher earners fare well, while those on fixed or single incomes feel the bite more sharply.