ZIP Code 14731 — Ellicottville, New York

The median home in 14731 is valued at $255,200 against a median household income of $64,091, a price-to-income ratio of 4.0. That is above the 2.9 median across the 1,572 New York ZIP codes with published housing data, and past the 3.0 ratio that marks an attainable market nationally. Within Cattaraugus County, 14731 ranks 24 of 24 ZIPs on affordability (1 = lowest ratio); the county median ratio is 1.9. Renting takes 17.0% of median household income (median rent $908 a month), under the 30% cost-burden threshold.

14731 ranks 1,189 of 1,572 statewide on median household income and 722 of 1,572 on median home value; its income is in line with the $61,236 Cattaraugus County median. 76% of households own their home, below the 80% statewide ZIP median, making this a majority-owner ZIP. 37% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 10.3%, in line with the 9.9% statewide ZIP median. Unemployment stands at 7.6%.

With 26 residents per square mile across 45.5 square miles of land, 14731 is far less dense than the statewide ZIP median of 197 (rank 1,403 of 1,572). This is rural or open territory where most of the land is agricultural, forest, desert or public land.