14303, Niagara Falls, NY

The 14303 zip code of Niagara Falls, NY has a median home value of $158,000 and a median home equity value of $102,000. The 14303 zip code is one of the most affordable zip codes in the area with a median home value below the statewide median home value. The 14303 zip code also has one of the lowest rates of homeownership in the area at just 54%. This low rate of homeownership may be due to the high rates of unemployment and poverty in this area.

Despite these challenges, there are some positive indicators for homeownership in this area. The 14303 zip code has one of the highest rates of owner-occupied housing units in the county at 68%. Additionally, there is a high rate of household income relative to rent in this area which suggests that many households are able to afford to purchase their homes. Finally, there is a low rate of foreclosure activity in this area which suggests that many households are able to maintain their homes despite challenging economic conditions.