Minnesota · Census place 08488
Buffalo Lake city, MN
Quick answer
Buffalo Lake city has 664 residents, ranking #437 of 914 places in Minnesota. Median household income is $56,719, the median home is worth $106,000 and median gross rent runs $763 a month.
- Population
- 664Buffalo Lake city residents
- Median household income
- $56,719Past 12 months, inflation adjusted
- Median home value
- $106,000Owner-occupied units
- Median gross rent
- $763Rent plus utilities, monthly
- Median age
- 41.2 yrsAll residents
- Homeownership rate
- 73.4%Owner-occupied households
What the numbers mean in Buffalo Lake city
Housing cost measured against local earnings.
A household earning the Buffalo Lake city median would spend about 16.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.4% of residents and 73.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- St. Stephen city 672
- Center City city 668
- The Lakes CDP 666
- Elysian city 663
- Emily city 659
- Alden city 658
- Trimont city 658
Keep going
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