HomeNew YorkNiagara CountyNewfane
Newfane, New York: commercial real estate data.
Newfane is a Census CDP of 3,938 people across 5.30 square miles of land, in Niagara County. Median household income is $77,096, 79.6 percent of occupied homes are owned, and the SBA record carries 8 7(a) approvals to borrowers here worth $2.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Newfane
What Newfane is
- Census place typeCDP
- Land area5.3 sq mi
- Water area0 sq mi
- Population per square mile of land743
- County holding the largest share of its areaNiagara County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newfane
How many people live in Newfane
- Population3,938
- Median age37.1
- Population under 18950 plus or minus 307
- Share under 1824.1 percent plus or minus 6.5
- Population 65 and over801 plus or minus 205
- Share 65 and over20.3 percent
- Households1,487
- Family households1,047
- Share of households that are families70.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newfane
Income and work in Newfane
- Median household income$77,096
- Per capita income$31,885
- Civilian labor force1,796
- Employed1,572 plus or minus 332
- Unemployed224 plus or minus 216
- Unemployment rate12.5 percent plus or minus 11.8
- Adults 25 and over2,737
- Adults 25 and over with a high school diploma or higher91.0 percent
- Adults 25 and over with a bachelor degree or higher23.7 percent plus or minus 12.7
- Adults 25 and over with a graduate degree13.1 percent plus or minus 12.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newfane
Housing in Newfane
- Housing units1,547
- Occupied units1,487
- Vacant units60 plus or minus 92
- Vacancy rate3.9 percent plus or minus 5.9
- Owner occupied1,184
- Renter occupied303 plus or minus 176
- Ownership rate79.6 percent
- Median owner-occupied home value$151,700
- Median gross rent, monthly$828
- Annual rent as a share of median income12.9 percent
- Single family units1,156 plus or minus 235
- Share single family74.7 percent
- Units in buildings of two or more76 plus or minus 66
- Share in buildings of two or more4.9 percent plus or minus 4.2
- Mobile homes315 plus or minus 129
- Median year structure built1958
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newfane
How Newfane gets to work
- Workers 16 and over who commute1,289 plus or minus 329
- Commuting under 15 minutes405 plus or minus 182
- Share commuting under 15 minutes31.4 percent plus or minus 11.6
- Commuting 30 minutes or more382 plus or minus 189
- Share commuting 30 minutes or more29.6 percent plus or minus 12.5
- Drove alone70.1 percent
- Carpooled9.6 percent plus or minus 7.3
- Public transport0.8 percent plus or minus 1.5
- Walked1.9 percent plus or minus 2.6
- Worked from home17.2 percent plus or minus 12.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newfane
SBA loans in Newfane (7(a))
- Approvals8
- Gross approval$2,191,500
- Average approval$273,938
- Median approval$325,000
- Largest approval$606,000
- Jobs supported113
- Jobs per approval14.1
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more25.0 percent
- Share to franchises0.0 percent
- Distinct lenders5
- Distinct industries by NAICS5
Counted by borrower city: approvals to borrowers whose address is in Newfane, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Newfane
Flood risk in Newfane
- NFIP communityTown of Newfane
- NFIP community number360504
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date05/04/21
The Town of Newfane participates in the National Flood Insurance Program as community 360504 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Niagara County, not Newfane
Niagara County context, not Newfane figures
- Establishments in Niagara County4,475
- Covered employment, Niagara County68,068
- Average annual pay, Niagara County$55,707
- Housing units permitted, Niagara County167
Every figure in this section is published for Niagara County as a whole and is not a measurement of Newfane.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Newfane questions, answered from the record.
How many people live in Newfane, New York?
3,938, in 1,487 households. Newfane CDP covers 5.30 square miles of land, which is 743 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Newfane in?
Niagara County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Newfane?
$77,096. The median owner-occupied home is valued at $151,700. Median gross rent is $828 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Newfane businesses?
8 7(a) approvals totaling $2.2 m since FY2020, across 5 lenders, median approval $325,000. These count approvals to borrowers whose address is in Newfane, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Newfane borrowers get paid back?
No rate is published for Newfane. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Newfane in the National Flood Insurance Program?
Yes. Newfane appears in the FEMA Community Status Book as Newfane, town of, community 360504, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Newfane figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Niagara County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Newfane.
Is zoning published for Newfane?
No. Nothing on this page presents parcel level zoning.