Skip to main content

Buffalo, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Buffalo, Illinois had a total population of 482, the 947th largest village in Illinois, with a median household income of $56,250, which is 33% lower than the state average. The poverty rate is 16.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Buffalo Quick Facts

Population 482
Median Household Income $56,250
Median Home Value $112,100
Poverty Rate 16.6%
Unemployment Rate 6.1%
Median Age 45.9 years
Homeownership Rate 69.5%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 25.6%
High School Graduation Rate 89.5%
Diversity Index 23/100
Population 482 947th of 1,445
Median Income $56,250 bottom 30%
Poverty Rate 16.6% 33% higher than national
Median Home Value $112,100 average

How Buffalo Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population405482+19.0%
Median household income$67,321$56,250-16.4%
Median home value$122,400$112,100-8.4%

How Buffalo Compares

Economy & Housing

Household Income Distribution

Under $25K 33.0%
$25K-$50K 14.7%
$50K-$100K 25.4%
$100K+ 26.9%
Detailed income brackets
Under $10K
11.7%
$10K-$15K
10.2%
$15K-$20K
5.6%
$20K-$25K
5.6%
$25K-$30K
4.6%
$30K-$35K
1.0%
$35K-$40K
4.1%
$40K-$45K
3.0%
$45K-$50K
2.0%
$50K-$60K
3.5%
$60K-$75K
14.2%
$75K-$100K
7.6%
$100K-$125K
5.1%
$125K-$150K
8.1%
$150K-$200K
10.7%
$200K+
3.0%

Employment

6.1% Unemployment Rate State: 5.8%|National: 5.2%
53.8% Labor Force Participation

Housing Overview

Owner 69.5%
Renter 30.5%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $533/mo 11.4% of median household income annually

People & Demographics

Diversity Index

23out of 100
Very Low Diversity

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

State average: 61 | National average: 61

Education

Buffalo Rankings in Illinois

#947 Population of 1,445
#1019 Median Income of 1,374
#420 Education of 1,444
#762 Home Value of 1,372

Other Cities in Sangamon County

CityPopulationMedian IncomePovertyHome Value
Springfield 113,330 $66,064 16.8% $162,100
Chatham 14,639 $106,773 3.3% $243,200
Sherman 4,386 $148,906 2.2% $297,800
Auburn 4,306 $81,411 8.1% $149,600
Rochester 3,766 $117,118 2.5% $238,900
Riverton 3,513 $80,920 0.9% $152,200
Virden 3,171 $80,577 10.2% $101,300
Pawnee 2,738 $81,103 14.2% $149,500
Jerome 1,807 $65,189 6.4% $127,800
Southern View 1,751 $57,270 14.9% $105,300

Cities Similar to Buffalo

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Rock Island Arsenal470N/AN/A23.8%0.0%
Olive Branch499N/A$61,5003.0%30.1%
Willisville467$55,417$57,3004.2%12.0%
Wapella480$51,818$98,50016.5%3.8%
Bluford483$51,583$94,5009.4%13.9%

A note before these figures: with a population of 482, Buffalo's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Buffalo is a small community located in Illinois, within Sangamon County. The total population is 482. It ranks as the 947th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Buffalo is 45.9 years. This is 18% higher than the state median of 39.0 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 is $56,250. This is 33% lower than the state median of $83,390. It is also 30% lower than the national median of $80,734. The poverty rate stands at 16.6%. This is 41% higher than the state poverty rate of 11.8%. The unemployment rate is 6.1%. This is 5% higher than the state rate of 5.8%. The median home value is $112,100. Housing costs are 57% lower than the state median of $263,300. With a home-value-to-income ratio of just 2.0x, Buffalo is one of the most affordable housing markets in the area. 69.5% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 67.1%.

Race & Ethnicity

Buffalo has a predominantly White (non-Hispanic) population, comprising 87.1% of all residents. Hispanic or Latino residents account for 1.5%. The White (non-Hispanic) population is significantly higher than the state average (87.1% vs 58.1%). The Hispanic or Latino population (1.5%) is well below the state average of 18.8%. The Asian population (0.2%) is well below the state average of 5.9%.

Education

25.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.5%.

Data Sources & Methodology

All demographic data for Buffalo, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Illinois city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Buffalo, Illinois?

Buffalo, Illinois has a population of 482 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Buffalo, IL?

The median household income in Buffalo is $56,250, which is 30% lower than the national median of $80,734.

What is the poverty rate in Buffalo, IL?

The poverty rate in Buffalo is 16.6%. This means approximately 80 residents live below the federal poverty line.

What is the racial makeup of Buffalo, Illinois?

Buffalo's population is 87.1% White, 0.0% Black, 1.5% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Buffalo, IL?

The median home value in Buffalo is $112,100. The home-value-to-income ratio is 2.0x.

How educated is Buffalo, Illinois?

25.6% of adults (25+) in Buffalo hold a bachelor's degree or higher, and 11.1% hold a graduate or professional degree.