Niagara Falls — Financial Data

48,198 Population FY 2023

12.0% Fund Balance FY 2024

$3,297 Per-Capita Spending FY 2024

3.2% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

40.0 Env. Stress FY 2024

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

23.7% Poverty Rate 2023

22.8% Bachelor's+ Rate 2023

9.7% Unemployment Rate 2023

57.5% Homeownership Rate 2023

Median Household Income

$48,535 (2023)

2010 2023

Per Capita Income

$30,033 (2023)

2010 2023

Median Home Value

$104,400 (2023)

2010 2023

Median Gross Rent

$784 (2023)

2010 2023

Median Age

40.7 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.5 (2023)

2010 2023

Financial Trends

Curated financial dashboard (1995–2024)

Fiscal Health

Available Fund Balance

$19,078,542 (2024)

2011 2024

Cash Position

$51,175,152 (2024)

1995 2024

Debt Service

$5,089,091 (2024)

1995 2024

Fund Balance %

12.0% (2024)

2011 2024

Debt Service %

3.2% (2024)

1995 2024

Per-Capita Spending

$3,297 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

0.0 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

40.0 (2024)

2012 2024

Top Revenue Sources

State Aid

$38,994,116 (2024)

1995 2024

Real Property Taxes And Assessments

$31,212,815 (2024)

1995 2024

Sales And Use Tax

$29,849,669 (2024)

1995 2024

Other Local Revenues

$59,417,751 (2024)

1995 2024

Federal Aid

$18,665,062 (2024)

1995 2024

Top Expenditures

Public Safety

$41,410,043 (2024)

1995 2024

General Government

$71,579,046 (2024)

1995 2024

Employee Benefits

$36,440,812 (2024)

1995 2024

Transportation

$12,171,349 (2024)

1995 2024

Economic Development

$8,954,272 (2024)

1995 2024

Financial Documents (56)

Year	Title	Type
2024	Niagara Falls OSC Annual Financial Report 2024	OSC_AFR
2024	Niagara Falls FSMS Report 2024	FSMS_MONITORING
2023	Niagara Falls Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Niagara Falls OSC Annual Financial Report 2023	OSC_AFR
2023	Niagara Falls FSMS Report 2023	FSMS_MONITORING

View all 56 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: City in Niagara County
OSC Code: 290235000000

School Details

Not applicable for this entity type.

Dependent Entities

Fiscally dependent entities that roll up to Niagara Falls:

Niagara Falls City School District (School district)