Location: Cattaraugus County, NY | Metro: Cattaraugus County, NY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $830 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,560 |
| 5 Bedrooms | $1,810 |
| 6 Bedrooms | $2,027 |
| 7 Bedrooms | $2,189 |
| 8 Bedrooms | $2,298 |
U.S. Census Bureau data (2024)
ZIP code 14168, located in Cattaraugus County, New York, covers the town of Perrysburg and has a total population of 113 people. According to the latest available data from the American Community Survey (ACS) 5-Year survey, the median household income is not available, indicating limited economic information. However, the population is primarily composed of homeowners rather than renters, suggesting that the demand for Section 8 vouchers is likely to be low.
The absence of median household income data makes it challenging to determine the exact percentage of local income consumed by typical market rents. Nonetheless, the Fair Market Rent (FMR) for the metro area is set at $1,030 for FY 2026. Given the lack of detailed income data, it is difficult to provide a precise comparison to local incomes.
A landlord in ZIP 14168 should expect a tenant pool that is predominantly composed of individuals who qualify for lower-income housing assistance programs such as Section 8. These tenants will likely rely on government subsidies to cover their rent costs, with the FMR serving as a benchmark for rental rates. The scarcity of renters in this ZIP code means that landlords must be prepared to offer competitive pricing and amenities to attract tenants who can benefit from the voucher program.
In summary, ZIP 14168 is a homeowner-dominated area where the demand for Section 8 vouchers is expected to be limited due to the low number of renters. Landlords should focus on offering affordable options that align with the FMR to cater to the tenant pool that relies on housing assistance.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.