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Where homes are affordable - Tonawanda, New York (3) - Money Magazine

Median family income: $51,819
Median home price (2006): $74,878

The town’s name means “Swift Running Water” not “Crazy Real Estate Bubble.” Tonawanda..

.. commonly refers to several towns in Western New York, but in this case we’re talking about the two that run along the Niagara River with attractive affordable homes. Available there: A ranch with 3 bedrooms and two baths for $119,000 - and that’s on the high end. Values are easily found for under $100,000, making this region both beautiful and budget-friendly.