
Minnesota · Census place 08488
Buffalo Lake, MN population, income and ZIP codes
Quick answer
The population of the city of Buffalo Lake, Minnesota (Buffalo Lake, MN — Census place “Buffalo Lake city”) is 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. Looking for the Buffalo Lake Minnesota ZIP code list? 1 ZIP codes serve Buffalo Lake, MN: 55314.
- 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
Buffalo Lake ZIP codes (Minnesota)
Census ZCTAs whose delivery area overlaps Buffalo Lake.
The Buffalo Lake MN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.
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
Buffalo Lake city, MN in context
How this area compares with national benchmarks.
Buffalo Lake city is a very small community in Minnesota, with 664 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #437 of 914 ranked by population — larger than 52% of them. The median age here is 41.2 years against 39.1 nationally, a slightly older profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.
Households in Buffalo Lake city earn a median of $56,719 a year, 27.8% below the national figure of $78,538 and 25% below the $75,469 median for the 361 Minnesota cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 17.4% of residents here, above the 12.4% national rate.
The typical owner-occupied home in Buffalo Lake city is valued at $106,000, 65.1% below the national figure and 56% below the $240,400 peer median, while median gross rent runs $763 a month, 45.7% below the national figure, or roughly $9,156 across a full year. A household on the local median income would put about 16.1% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 1.9×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 73.4% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.
With 664 residents, a handful of survey responses moves every median on this page. Compare Buffalo Lake city against its county rather than against national figures.
No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Compare with nearby places
Places of similar size in Minnesota.
- Mantorville city 1,003
- Buhl city 1,013
- Tyler city 1,019
- Nashwauk city 1,035
- Hilltop city 1,056
- New Richland city 1,068
- Little Rock CDP 1,075
- Eden Valley city 1,077
Keep going
More Minnesota coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Buffalo Lake city?
- Buffalo Lake city has 664 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #437 of 914 in Minnesota.
- What is the median household income in Buffalo Lake city?
- Median household income in Buffalo Lake city is $56,719 a year, 27.8% below the national figure of $78,538.
- How much does it cost to rent or buy in Buffalo Lake city?
- Median gross rent is $763 a month and the median home value is $106,000, so rent absorbs about 16.1% of median household income.
- Is Buffalo Lake city affordable compared with the rest of the US?
- Homes cost about 1.9× the local median income here versus roughly 3.9× nationally, so Buffalo Lake city is more affordable to buy in than the typical US market, and rent takes 16.1% of median income against the 30% cost-burden line.
- How current is this Buffalo Lake city data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.