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Buffalo, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Buffalo, Minnesota had a total population of 16,499, the 69th largest city in Minnesota, with a median household income of $88,820, which is about the same as the state average. The poverty rate is 8.9%.

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

Buffalo Quick Facts

Population 16,499
Median Household Income $88,820
Median Home Value $314,400
Poverty Rate 8.9%
Unemployment Rate 6.0%
Median Age 38.6 years
Homeownership Rate 74.3%
Affordability Ratio 3.5x
Bachelor's Degree or Higher 32.0%
High School Graduation Rate 94.8%
Diversity Index 16/100
Population 16,499 69th of 914
Median Income $88,820 top 30%
Poverty Rate 8.9% 28% lower than national
Median Home Value $314,400 top 20%

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
Population16,38816,499+0.7%
Median household income$88,306$88,820+0.6%
Median home value$281,900$314,400+11.5%

How Buffalo Compares

Economy & Housing

Household Income Distribution

Under $25K 12.0%
$25K-$50K 14.0%
$50K-$100K 31.0%
$100K+ 42.9%
Detailed income brackets
Under $10K
3.7%
$10K-$15K
0.5%
$15K-$20K
2.8%
$20K-$25K
5.0%
$25K-$30K
2.3%
$30K-$35K
4.1%
$35K-$40K
2.2%
$40K-$45K
2.7%
$45K-$50K
2.7%
$50K-$60K
6.1%
$60K-$75K
9.3%
$75K-$100K
15.6%
$100K-$125K
14.3%
$125K-$150K
7.1%
$150K-$200K
11.2%
$200K+
10.2%

Employment

6.0% Unemployment Rate State: 4.1%|National: 5.2%
67.3% Labor Force Participation

Housing Overview

Owner 74.3%
Renter 25.7%
Affordability Index Affordable
3.5x home value to income ratio
Median gross rent $1,182/mo 16.0% of median household income annually

People & Demographics

Diversity Index

16out of 100
Very Low Diversity

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

State average: 41 | National average: 61

Education

Buffalo Rankings in Minnesota

#69 Population of 914
#230 Median Income of 887
#201 Education of 914
#168 Home Value of 870

Other Cities in Wright County

CityPopulationMedian IncomePovertyHome Value
Otsego 22,245 $119,927 3.5% $396,700
St. Michael 20,010 $131,274 3.2% $390,100
Monticello 14,858 $79,534 6.8% $323,700
Albertville 8,207 $132,734 1.1% $343,700
Delano 6,942 $109,946 4.0% $375,200
Montrose 3,888 $102,625 5.3% $275,700
Annandale 3,399 $65,583 8.9% $251,800
Cokato 2,782 $70,288 14.4% $223,300
Waverly 2,285 $112,222 10.6% $323,100
Maple Lake 2,042 $93,750 4.4% $246,800

Cities Similar to Buffalo

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hugo16,340$116,228$408,90046.5%2.8%
Robbinsdale14,234$88,252$295,60041.4%11.5%
Red Wing16,758$67,192$237,30025.3%13.8%
Monticello14,858$79,534$323,70023.5%6.8%
Ham Lake16,702$120,135$442,50036.9%4.0%

Population Overview

Buffalo is a small city located in Minnesota, within Wright County. The total population is 16,499. It ranks as the 69th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Buffalo is 38.6 years. This is about the same as the state median of 38.8 years.

Economy, Income & Housing

The median household income in Buffalo is $88,820. This is about the same as the state median of $89,062. It is also 10% higher than the national median of $80,734. The poverty rate stands at 8.9%. This is 4% lower than the state poverty rate of 9.3%. The unemployment rate is 6.0%. This is 47% higher than the state rate of 4.1%. The median home value is $314,400. Housing costs are 5% lower than the state median of $329,300. The home-value-to-income ratio is 3.5x. 74.3% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 72.2%.

Race & Ethnicity

Buffalo has a predominantly White (non-Hispanic) population, comprising 91.7% of all residents. Hispanic or Latino residents account for 2.5%. The Black or African American population (0.2%) is well below the state average of 7.0%. The Hispanic or Latino population (2.5%) is well below the state average of 6.4%. The Asian population (1.9%) is well below the state average of 5.1%.

Education

32.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 19% 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 94.8%.

Data Sources & Methodology

All demographic data for Buffalo, 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.

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

Frequently Asked Questions

What is the population of Buffalo, Minnesota?

Buffalo, Minnesota has a population of 16,499 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Buffalo, MN?

The median household income in Buffalo is $88,820, which is 10% higher than the national median of $80,734.

What is the poverty rate in Buffalo, MN?

The poverty rate in Buffalo is 8.9%. This means approximately 1,441 residents live below the federal poverty line.

What is the racial makeup of Buffalo, Minnesota?

Buffalo's population is 91.7% White, 0.2% Black, 2.5% Hispanic/Latino, and 1.9% Asian.

What is the median home value in Buffalo, MN?

The median home value in Buffalo is $314,400. The home-value-to-income ratio is 3.5x.

How educated is Buffalo, Minnesota?

32.0% of adults (25+) in Buffalo hold a bachelor's degree or higher, and 13.5% hold a graduate or professional degree.