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ZipNumbers

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

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