Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.3 yrs |
|---|---|
| Avg HH Size | 2.44 |
| Below Poverty | 10.0% ≈ Avg |
| College Grads | 38.8% ≈ Avg |
| Unemployment | 3.8% ▼ 23% below avg |
| No HS Diploma | 3 (0.4%) |
| HS Graduate | 268 (36.1%) |
| Some College | 60 (8.1%) |
| Associates | 123 (16.6%) |
| Bachelors | 120 (16.2%) |
| Graduate Degree | 168 (22.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $72,656 ≈ Avg |
|---|---|
| Median Home Value | $167,700 ▼ 40% below avg |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $739/mo |
| Total Housing Units | 530 |
| Vacant Units | 90 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Buffalo Lake is a city in Minnesota, located in Renville County. The city spans 1 ZIP code and is home to approximately 1,148 residents. It is a mature city, with a median age of 45.3 years.
Economically, Buffalo Lake is a solidly middle-class community. The median household income of $72,656 is near the national average. Approximately 10.0% of residents live below the poverty line. The unemployment rate is 3.8%, below the national average.
The real estate market in Buffalo Lake is an affordable housing market. Median home values stand at $167,700, which is below the national average. Renters typically pay around $739 per month. Homeownership is high at 80.2%, typical of suburban and family-oriented communities.
The population of Buffalo Lake is moderately educated. 38.8% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (81.1%).
Buffalo Lake, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55314 | 1,148 | $72,656 | $167,700 | $739 | 3.8% | 38.8% | 80.2% |