With the renewed popularity of urban living, along with substantial public and private investment in the city, the value of property throughout Buffalo is on the rise. Certain neighborhoods, including Downtown, Allentown, Hertel/Parkside and areas on the West and East sides, are becoming hot markets – with many homes worth double or triple what owners paid for them. As property values rise in cities, rents do too.
WNY Women's Foundation — Nov 27, 2017
Rachel Swyers — Apr 1, 2012
Created in 2004, Creating Assets, Saving & Hope (CASH) Buffalo works to increase the financial stability of low-to-moderate income families in Buffalo and Erie County. CASH’s mission is to increase the financial stability of low-income families by increasing access to tax credits, refunds, and needed income supports; improving financial literacy, and providing opportunities for homeownership, education, or other types of asset building.
Christopher Szczygiel — Mar 16, 2012
The local economy is often discussed in terms of the
Buffalo-Niagara Metropolitan Statistical Area (MSA), a multi-county
area with a population of over one million. While it is
useful to take a regional perspective, it is also useful to
consider individual cities, towns or villages. The economic
picture in the city of Buffalo (population 266,012) is so quite
different than that of the town of Holland (population
3,430). The poverty rates in the cities of Buffalo (29.6%)
Robert Grimaldi — Mar 16, 2012
Between 2000 and 2010, several census tracts on the East and West
Sides fell deeper into poverty. Broadway-Fillmore’s poverty
rate rose from 45.9% to 51.9%, the Niagara Street neighborhood
immediately west of Downtown rose from 45.6% to 62.5%, and two
tracts in Black Rock rose from 39.2% and 36.3% to 46.0%.
Also, several North Buffalo neighborhoods experienced significant
drops in poverty rates, including Parkside falling from 28.2% to
15.8%, Central Park falling from 16.0% to …
Jonathan Baird Aug 31, 2011
Examines demographic, population, and economic markers between Buffalo, Amherst, and Erie County.
Chris Berardi — Nov 20, 2008
The informal economy comprises the parts of the economy that are
not regulated. These parts include illicit activity like the
sale of drugs, architects doing work under the table, hairdressers
who operate in cash and don’t report their income, businesses
employing illegal workers, and businesses operating without
government required licenses. Informal economic actors are
often self-employed, or are employed elsewhere and operating an
informal business on the side as a means …