Senior home equity hits all-time high in Q1 Senior home equity increased in the first quarter of 2017 to $6.3 trillion, an all new high since the National Reverse Mortgage Lenders Association began tracking the figure in 2000. Experts pointed out this will benefit seniors who want to modify their homes after becoming empty nesters.
Cheektowaga is a town (also a census-designated place) in Erie County, New York, United States. The Town of Cheektowaga is in the north-central part of the county. It is the second largest suburb of Buffalo, New York next to Amherst. The town contains a census-designated place also named Cheektowaga. Cheektowaga CDP and Cheektowaga Town contain the site of the Buffalo Niagara International Airport, the principal airport of Erie County. Villa Maria College, Empire State College, and the Walden Galleria are located in Cheektowaga. According to the United States Census Bureau, the town has a total area of 29.5 square miles, all land. The town borders Lancaster on the east, West Seneca on the south, the city of Buffalo on the west, and on the north by Amherst. The town includes the waterways of Scajaquada Creek, Cayuga Creek and Ellicott Creek.
Other small plazas and malls like Como Mall and Thruway Mall were closed and turned into smaller business plazas with the growing popularity of large shopping malls. The Walden Galleria opened in 1989 in Cheektowaga, the largest mall in the Buffalo Niagara region. In August of 2014, Cabela’s opened their first store in New York across from Walden Galleria Mall. Garrison Cemetery, Our Lady Help of Christians Chapel, and Villa Maria Motherhouse Complex are listed on the National Register of Historic Places.
The median income for a household in the town was $38,121, and the median income for a family was $46,646. Males had a median income of $34,538 versus $25,434 for females. The per capita income for the town was $19,627. About 4.6% of families and 6.5% of the population were below the poverty line, including 8.7% of those under age 18 and 6.4% of those age 65 or over.