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Buffalo Lake, MN

Full City Profile · Minnesota · Renville County County

3.1 /5.0
B Good
664 Population 976/sq mi density
$56,719 Median Income $24,885 per capita
$106,000 Home Value $198,314 Zillow
$763 Median Rent 31.9% income on rent
43°F Avg Temperature 276 sunny days/yr
147 Violent Crime/100K 1,176 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$56,719 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$106,000 home value, $763/mo rent
F
Safety
1.0 / 5.0
147 violent crimes/100K
C+
Education
2.6 / 5.0
20.1% bachelor's degree or higher

Income Overview

Median Household Income
$56,719
25% below
US avg: $75,149
Per Capita Income
$24,885
36% below
US avg: $39,052
Unemployment Rate
2.8%
22% below
US avg: 3.6%
Poverty Rate
7.9%
36% below
US avg: 12.4%

Income Comparison: Buffalo Lake vs. U.S. Average

Each bar shows Buffalo Lake’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$56,719
75%
Per Capita
US: $39,052
$24,885
64%
IRS Avg AGI
US: $72,000
$75,740
105%
Avg Weekly Wage
US: $1,432
$1,062
74%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,062
26% below US avg ($1,432)
Mean Commute Time
27 min
1% below US avg (28 min)
Work From Home
10.3%
32% below US avg (15.2%)
Drive Alone
84.7%
16% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,190M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 84.7%
Public Transit 0%
Work From Home 10.3%
Other 5%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
594
Restaurants
21
Healthcare
44
Retail
56
Manufacturing
20

Tax & Financial

IRS Avg Adjusted Gross Income
$75,740
5% above US avg ($72,000)
Avg Property Tax
$2,983
15% below US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$56,719
Per Capita Income$24,885
IRS Avg Adjusted Gross Income$75,740
Avg Weekly Wage$1,062
County GDP$1,190M

Hardship Indicators

Unemployment Rate2.8%
Poverty Rate7.9%
Gini Coefficient0.412
Cost of Living Index98.6

Commute

Mean Commute27 minutes
Drive Alone84.7%
Public Transit0.0%
Work From Home10.3%

Businesses

Total Establishments594
Restaurants21
Healthcare44
Retail56
Manufacturing20

Tax

IRS Avg AGI$75,740
Avg Property Tax$2,983