ZIP Code 14706 — Allegany, New York

The median home in 14706 is valued at $170,300 against a median household income of $76,029, a price-to-income ratio of 2.2. That is below the 2.9 median across the 1,572 New York ZIP codes with published housing data, and near the 3.0 ratio that marks an attainable market nationally. Within Cattaraugus County, 14706 ranks 21 of 24 ZIPs on affordability (1 = lowest ratio); the county median ratio is 1.9. Renting takes 12.5% of median household income (median rent $789 a month), under the 30% cost-burden threshold.

14706 ranks 884 of 1,572 statewide on median household income and 1,083 of 1,572 on median home value; its income is above the $61,236 Cattaraugus County median. 80% of households own their home, in line with the 80% statewide ZIP median, making this a majority-owner ZIP. 35% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 14.3%, above the 9.9% statewide ZIP median. Unemployment stands at 3.2%.

With 75 residents per square mile across 81.1 square miles of land, 14706 is far less dense than the statewide ZIP median of 197 (rank 1,032 of 1,572). This is rural or open territory where most of the land is agricultural, forest, desert or public land.