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Regional Economic Development Research, Marketing & Business Attraction Contact Us. 1.800.916.9073 |
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Home > Research Center > Demographics
500 miles from 41% of the US population and 59% of Canada's = one big market. 750,000 workforce + 25,000 new grads = one mighty labor pool. Buffalo Niagara by the numbers. Do the Math! And when you apply the multiplier factor - hassle-free living - you can see that we're a region where it all adds up for businesses starting out, growing, and locating in Buffalo Niagara::Where Business Works. We're educated. Western New York is home to 15 four-year colleges and universities and 20 two-year schools, annually graduating more than 25,000. We're affordable. With median regional housing prices slightly above $118,000, median household income of $47,480, and health insurance costs 25% below the national average, our workforce is affordable. We're formidable. Our workforce is 750,000 strong, with the skills and education for 21st century jobs - and an old-fashioned work ethic: our absenteeism and turnover rates are among the lowest in the country. We're growing. Employment in Buffalo Niagara has grown 1.0% since June 2010. |