Buffalo Lake, Minnesota Population

Buffalo Lake, Minnesota has a population of 685, with a median household income of $51,400.

Current population data for Buffalo Lake.

685

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Population

685

💰

Median Income

$51,400

📉

Unemployment

4.40%

🏠

Housing Price

$145,000

🚨

Crime Rate

19.10

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Internet Speed

100.00 Mbps

Buffalo Lake is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Minnesota, Buffalo Lake provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Buffalo Lake has a population of 685, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Buffalo Lake is $51,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Buffalo Lake is about $145,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Buffalo Lake is 4.40%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Buffalo Lake are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Buffalo Lake shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Buffalo Lake offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.

Frequently Asked Questions about Buffalo Lake

What is the population of Buffalo Lake?

The population of Buffalo Lake is approximately 685.

Is Buffalo Lake a good place to live?

Buffalo Lake offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Buffalo Lake?

The median household income in Buffalo Lake is around $51,400.

How expensive is housing in Buffalo Lake?

The average housing price in Buffalo Lake is approximately $145,000.