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Buffalo Lake, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Buffalo Lake, Minnesota had a total population of 635, the 447th largest city in Minnesota, with a median household income of $66,167, which is 26% lower than the state average. The poverty rate is 20.1%.

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

Key Takeaways

Buffalo Lake Quick Facts

Population 635
Median Household Income $66,167
Median Home Value $113,400
Poverty Rate 20.1%
Unemployment Rate 5.7%
Median Age 42.8 years
Homeownership Rate 77.6%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 17.1%
High School Graduation Rate 90.0%
Diversity Index 47/100
Population 635 447th of 914
Median Income $66,167 average
Poverty Rate 20.1% 62% higher than national
Median Home Value $113,400 bottom 30%

How Buffalo Lake 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
Population664635-4.4%
Median household income$56,719$66,167+16.7%
Median home value$106,000$113,400+7.0%

How Buffalo Lake Compares

Economy & Housing

Household Income Distribution

Under $25K 14.8%
$25K-$50K 22.4%
$50K-$100K 32.9%
$100K+ 30.0%
Detailed income brackets
Under $10K
4.8%
$10K-$15K
2.9%
$15K-$20K
1.4%
$20K-$25K
5.7%
$25K-$30K
11.4%
$30K-$35K
2.9%
$35K-$40K
4.3%
$40K-$45K
2.9%
$45K-$50K
0.9%
$50K-$60K
5.7%
$60K-$75K
17.6%
$75K-$100K
9.5%
$100K-$125K
20.0%
$125K-$150K
1.4%
$150K-$200K
8.6%
$200K+
0.0%

Employment

5.7% Unemployment Rate State: 4.1%|National: 5.2%
46.6% Labor Force Participation

Housing Overview

Owner 77.6%
Renter 22.4%
Affordability Index Very Affordable
1.7x home value to income ratio
Median gross rent $759/mo 13.8% of median household income annually

People & Demographics

Diversity Index

47out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 41 | National average: 61

Education

Buffalo Lake Rankings in Minnesota

#447 Population of 914
#494 Median Income of 887
#565 Education of 914
#671 Home Value of 870

Other Cities in Renville County

CityPopulationMedian IncomePovertyHome Value
Olivia 2,205 $63,098 13.4% $159,200
Renville 1,503 $69,306 13.1% $126,400
Hector 1,130 $63,362 8.8% $132,000
Fairfax 1,088 $60,172 19.6% $116,300
Bird Island 930 $75,833 7.7% $142,100
Franklin 526 $51,500 16.1% $89,800
Sacred Heart 481 $70,667 11.8% $85,700
Danube 472 $61,944 2.3% $141,300
Morton 384 $53,036 11.0% $78,100

Cities Similar to Buffalo Lake

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Stewart644$65,982$125,4006.9%6.7%
Littlefork636$64,130$150,80024.7%6.8%
Bovey646$64,083$122,80015.3%18.7%
Karlstad622$64,000$126,30039.5%11.9%
Brownsville609$66,750$174,10023.2%3.9%

A note before these figures: with a population of 635, Buffalo Lake'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 Lake is a small community located in Minnesota, within Renville County. The total population is 635. It ranks as the 447th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Buffalo Lake is 42.8 years. This is 10% higher than the state median of 38.8 years. 18.9% 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 Lake is $66,167. This is 26% lower than the state median of $89,062. It is also 18% lower than the national median of $80,734. The poverty rate stands at 20.1%. This is 116% higher than the state poverty rate of 9.3%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 5.7%. This is 40% higher than the state rate of 4.1%. The median home value is $113,400. Housing costs are 66% lower than the state median of $329,300. With a home-value-to-income ratio of just 1.7x, Buffalo Lake is one of the most affordable housing markets in the area. 77.6% of occupied housing units are owner-occupied. This homeownership rate is 7% higher than the state average of 72.2%.

Race & Ethnicity

The largest racial or ethnic group in Buffalo Lake is White (non-Hispanic), making up 65.7% of the population. Hispanic or Latino residents account for 30.9%. The Hispanic or Latino population is significantly higher than the state average (30.9% vs 6.4%).

Education

17.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 57% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.0%.

Data Sources & Methodology

All demographic data for Buffalo Lake, Minnesota 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 Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Buffalo Lake, Minnesota?

Buffalo Lake, Minnesota has a population of 635 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Buffalo Lake, MN?

The median household income in Buffalo Lake is $66,167, which is 18% lower than the national median of $80,734.

What is the poverty rate in Buffalo Lake, MN?

The poverty rate in Buffalo Lake is 20.1%. This means approximately 112 residents live below the federal poverty line.

What is the racial makeup of Buffalo Lake, Minnesota?

Buffalo Lake's population is 65.7% White, 0.0% Black, 30.9% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Buffalo Lake, MN?

The median home value in Buffalo Lake is $113,400. The home-value-to-income ratio is 1.7x.

How educated is Buffalo Lake, Minnesota?

17.1% of adults (25+) in Buffalo Lake hold a bachelor's degree or higher, and 5.9% hold a graduate or professional degree.