ZIP Code 14723 — Cherry Creek, New York

The median home in 14723 is valued at $101,900 against a median household income of $63,611, a price-to-income ratio of 1.6. 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 Chautauqua County, 14723 ranks 4 of 30 ZIPs on affordability (1 = lowest ratio); the county median ratio is 2.0. Renting takes 15.9% of median household income (median rent $842 a month), under the 30% cost-burden threshold.

14723 ranks 1,201 of 1,572 statewide on median household income and 1,490 of 1,572 on median home value; its income is in line with the $63,239 Chautauqua County median. 93% of households own their home, above the 80% statewide ZIP median, making this a majority-owner ZIP. 14% of adults hold a bachelor's degree or higher, far below the 31% median, and the poverty rate is 24.0%, far above the 9.9% statewide ZIP median. Unemployment stands at 10.7%.

With 23 residents per square mile across 45.4 square miles of land, 14723 is far less dense than the statewide ZIP median of 197 (rank 1,438 of 1,572). This is rural or open territory where most of the land is agricultural, forest, desert or public land.