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 Rate | 2.8% |
| Poverty Rate | 7.9% |
| Gini Coefficient | 0.412 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 27 minutes |
| Drive Alone | 84.7% |
| Public Transit | 0.0% |
| Work From Home | 10.3% |
Businesses
| Total Establishments | 594 |
| Restaurants | 21 |
| Healthcare | 44 |
| Retail | 56 |
| Manufacturing | 20 |
Tax
| IRS Avg AGI | $75,740 |
| Avg Property Tax | $2,983 |
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