This data is based on ZIP codes 14301, 14302, 14303, 14304, 14305.
The U.S. Census reports business data by ZIP code, not city boundaries. Some businesses just outside city limits may be included, and vice versa.
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Niagara Falls ZIP Area Economy · 2023
Wages +3% vs. avg. Niagara Co. town
Niagara Falls's ZIP area supports 23,630 jobs across 1,555 businesses, with workers earning an average of $49K per year, 3% above the Niagara County average. The economy is well-diversified (0.85 index), led by retail trade and food & accommodation. 83.8% of businesses have fewer than 20 employees, and each business employs an average of 15.2 people. Jobs declined 4.4% from the prior year while business count declined 0.6%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Niagara Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
1,555 businesses by employee count. 83.8% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Medium (50-99)
Large (100-249)
Economic Densityi
0.49
jobs per resident
15.2
employees per business
County avg: 12.8+18%
$24K
payroll per resident
$749K
payroll per business
Niagara Falls ZIP Area vs. Avg. Niagara Co. Towni
All Industries in ZIP Areai
| Sector | Niagara Falls ZIP | Avg. Niagara Co. | Spec. |
|---|---|---|---|
| Retail Trade | 318 | 83 | 1.2x |
| Food & Accommodation | 225 | 58 | 1.2x |
| Healthcare | 187 | 56 | 1.1x |
| Other Services | 152 | 49 | 1.0x |
| Construction | 123 | 56 | 0.7x |
| Professional Services | 102 | 38 | 0.9x |
| Admin Services | 77 | 33 | 0.7x |
| Wholesale Trade | 68 | 19 | 1.1x |
| Transportation | 65 | 17 | 1.2x |
| Manufacturing | 64 | 27 | 0.8x |
| Real Estate | 61 | 18 | 1.1x |
| Finance & Insurance | 47 | 18 | 0.8x |
| Arts & Entertainment | 25 | 10 | 0.8x |
| Information | 15 | 4 | 1.2x |
| Education | 7 | 4 | 0.6x |
| Management | 4 | 2 | 0.6x |
| Utilities | 3 | 1 | 1.0x |