This data is based on 20 ZIP codes, which covers Buffalo and Depew and Kenmore and Lackawanna and Sloan and Williamsville.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined 20 ZIP codes area shared across these towns.
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Buffalo ZIP Area Economy · 2023
Wages +6% vs. avg. Erie Co. town
Buffalo's ZIP area supports 170,287 jobs across 7,797 businesses, with workers earning an average of $62K per year, 6% above the Erie County average. The economy is well-diversified (0.91 index), led by retail trade and food & accommodation. 82% of businesses have fewer than 20 employees, and each business employs an average of 21.8 people. Jobs grew 7.7% from the prior year while business count grew 0.2%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Erie Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
7,797 businesses by employee count. 82% are small businesses (under 20 employees).
Medium (20-49)
Micro (<5)
Small (5-9)
Small (10-19)
Medium (50-99)
Large (100-249)
Major (250-499)
Major (500-999)
Economic Densityi
0.62
jobs per resident
21.8
employees per business
County avg: 19.2+14%
$38K
payroll per resident
$1.3M
payroll per business
Buffalo ZIP Area vs. Avg. Erie Co. Towni
All Industries in ZIP Areai
| Sector | Buffalo ZIP | Avg. Erie Co. | Spec. |
|---|---|---|---|
| Retail Trade | 1,234 | 192 | 1.0x |
| Food & Accommodation | 909 | 133 | 1.1x |
| Professional Services | 859 | 109 | 1.2x |
| Healthcare | 845 | 131 | 1.0x |
| Other Services | 805 | 125 | 1.0x |
| Construction | 517 | 107 | 0.8x |
| Admin Services | 481 | 80 | 0.9x |
| Wholesale Trade | 363 | 61 | 0.9x |
| Real Estate | 349 | 51 | 1.1x |
| Manufacturing | 342 | 53 | 1.0x |
| Finance & Insurance | 312 | 60 | 0.8x |
| Transportation | 279 | 44 | 1.0x |
| Arts & Entertainment | 156 | 23 | 1.1x |
| Information | 120 | 16 | 1.2x |
| Education | 113 | 18 | 1.0x |
| Management | 70 | 15 | 0.7x |