US ZIP Code
55314

Buffalo Lake, MN

Renville County  ·  Minnesota

● Active
👥 1,148 Population ↑ 6% since 2019
💰 $72,656 Median HH Income
≈ Avg ↑ 51% since 2019
🎂 45.3 Median Age ↓ 10% since 2019
🏠 $167,700 Median Home Value
▼ 40% below avg ↑ 36% since 2019
🎓 38.8% College Grads
≈ Avg
📊 3.8% Unemployment
▼ 23% below avg ↑ 563% since 2019
ZIP Code Details
ZIP Code55314
CityBuffalo Lake
StateMinnesota (MN)
CountyRenville County
Area Code320
Elevation1,055 ft
Latitude44.776384
Longitude-94.607125
TimezoneChicago (DST)
FIPS27129
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 51.1% (586) Female 49.0% (562) ♀

Race & Ethnicity

White: 81.1%Hispanic: 16.1%Other: 1.7%Race
White81.1%
Hispanic16.1%
Other1.7%

Age Breakdown

Under 5
7%
5–17
17%
18–24
6%
25–44
19%
45–64
26%
65+
9%

Key Indicators

Median Age45.3 yrs ↓ 10% since 2019
Avg Household Size2.44
Below Poverty10.0% ≈ Avg
College Grads38.8% ≈ Avg
Unemployment3.8% ▼ 23% below avg
No HS Diploma3 (0.4%)
HS Graduate268 (36.1%)
Some College60 (8.1%)
Associates123 (16.6%)
Bachelors120 (16.2%)
Graduate Degree168 (22.6%)

Education

No HS: 0.4%HS Grad: 36.1%Some College: 8.1%Associates: 16.6%Bachelors: 16.2%Graduate: 22.6%Edu
No HS0.4%
HS Grad36.1%
Some College8.1%
Associates16.6%
Bachelors16.2%
Graduate22.6%
Housing & Income

Housing Tenure

Owner: 80.2%Renter: 19.8%Tenure
Owner80.2%
Renter19.8%

Home Value Distribution

Under $50k
5%
$50k–100k
21%
$100k–150k
15%
$150k–200k
17%
$200k–300k
14%
$300k–500k
22%
Over $500k
6%

Financials

Median HH Income$72,656 ≈ Avg ↑ 51% since 2019
Median Home Value$167,700 ▼ 40% below avg ↑ 36% since 2019
Home/Income Ratio2.3x (nat avg ~3.5x)
Median Rent$739/mo ↑ 37% since 2019
Total Units530
Vacant Units90
Avg HH Size2.44

Income Distribution

Under $25k
14%
$25k–50k
13%
$50k–75k
26%
$75k–100k
17%
$100k–150k
17%
$150k–200k
7%
Over $200k
7%
Employment & Commute

How People Get to Work

Drove Alone
90%
Walked
2%
Work From Home
8%

Commute Time

Under 15 min
22%
15–30 min
33%
30–45 min
32%
Over 45 min
14%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
15%
1960s–1970s
12%
1980s–1990s
11%
2000+
59%

Summary

Total Units530
Vacant90
Owner Occupied80.2%
Renter Occupied19.8%
Avg HH Size2.44
Frequently Asked Questions
ZIP code 55314 is in Buffalo Lake, MN, in Renville County.
ZIP code 55314 is located in Minnesota (MN).
ZIP code 55314 is in Renville County, MN.
ZIP 55314 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 55314 is 1,148 people (ACS 2023).
The median household income in ZIP code 55314 is $72,656 (ACS 2023).
The median home value in ZIP 55314 is $167,700 (ACS 2023).
About ZIP Code 55314

ZIP code 55314 is located in Buffalo Lake, Minnesota, within Renville County. With a population of 1,148, this is a sparsely populated ZIP code with a mature community — the median age is 45.3 years. Economically, 55314 is a solidly middle-class ZIP code: the median household income of $72,656 is near the national average.

Real estate in ZIP code 55314 represents an affordable housing market. The median home value of $167,700 is below the national average. Renters can expect to pay around $739 per month in median rent. Homeownership is strong here — 80.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 36% since 2019.

The population of 55314 is primarily White (81.10%). Residents are moderately educated — 38.8% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 10.0%. Household income has grown by 51% since 2019.

The unemployment rate in 55314 stands at 3.8%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 85%.

Overall, ZIP code 55314 in Buffalo Lake, MN is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 1,148 residents, a median household income of $72,656, and a median home value of $167,700, it offers a clear picture of life in this part of Minnesota.