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Buffalo village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.8x is exceptionally low

As of 2026, Buffalo village, Illinois has a total population of 405, the 999th largest city in Illinois, with a median household income of $67,321, which is 18% lower than the state average. The poverty rate is 13.1%.

Key Takeaways

Buffalo village Quick Facts

Population 405
Median Household Income $67,321
Median Home Value $122,400
Poverty Rate 13.1%
Unemployment Rate 2.7%
Median Age 48.6 years
Homeownership Rate 71.9%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 30.2%
High School Graduation Rate 93.0%
Diversity Index 21/100
Population 405 999th of 1,445
Median Income $67,321 average
Poverty Rate 13.1% 5% higher national
Median Home Value $122,400 average

How Buffalo village Compares

Economy & Housing

Employment

2.7% Unemployment Rate State: 5.8% | National: 5.2%
54.3% Labor Force Participation

Housing Overview

Owner 71.9%
Renter 28.1%
Affordability Index Very Affordable
1.8x home value to income ratio

People & Demographics

Diversity Index

21out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Buffalo village Rankings in Illinois

#999 Population of 1,445
#687 Median Income of 1,445
#313 Education of 1,445
#649 Home Value of 1,445

Cities Similar to Buffalo village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Saunemin village407$65,625$88,40010.6%19.9%
Lostant village402$68,750$99,60014.7%8.0%
Good Hope village397$69,063$95,90025.3%6.6%
Andover village425$68,281$139,60020.3%4.7%
Cornell village419$64,286$83,80016.7%20.1%

Population Overview

Buffalo village is a small community located in Illinois. The total population is 405. It ranks as the 999th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Buffalo village is 48.6 years. This is 25% higher than the state median of 38.9 years. 11.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Buffalo village is $67,321. This is 18% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 14% lower. The poverty rate stands at 13.1%. This is 12% higher than the state poverty rate of 11.7%. The unemployment rate is 2.7%. This is 53% lower than the state rate of 5.8%. The median home value is $122,400. Housing costs are 51% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.8x, Buffalo village is one of the most affordable housing markets in the area. 71.9% of occupied housing units are owner-occupied. This homeownership rate is 8% higher than the state average of 66.8%.

Race & Ethnicity

Buffalo village has a predominantly White (non-Hispanic) population, comprising 87.6% of all residents. Hispanic or Latino residents account for 1.5%. The Hispanic or Latino population (1.5%) is well below the state average of 18.5%. The Asian population (0.5%) is well below the state average of 5.8%.

Education

30.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 19% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.0%.

Data Sources & Methodology

All demographic data for Buffalo village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Buffalo village, Illinois?

Buffalo village, Illinois has a population of 405 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Buffalo village, IL?

The median household income in Buffalo village is $67,321, which is 14% lower the national median of $78,538.

What is the poverty rate in Buffalo village, IL?

The poverty rate in Buffalo village is 13.1%. This means approximately 53 residents live below the federal poverty line.

What is the racial makeup of Buffalo village, Illinois?

Buffalo village's population is 87.6% White, 0.0% Black, 1.5% Hispanic/Latino, and 0.5% Asian.

What is the median home value in Buffalo village, IL?

The median home value in Buffalo village is $122,400. The home-value-to-income ratio is 1.8x.

How educated is Buffalo village, Illinois?

30.2% of adults (25+) in Buffalo village hold a bachelor's degree or higher, and 13.1% hold a graduate or professional degree.