Pros and Cons of Living In Buffalo, Minnesota. Is Buffalo, MN a Nice Place To Live or Retire?

Buffalo, Minnesota

Moving to Buffalo In Minnesota ? Is Buffalo, MN a Nice Place To Live? Pros and Cons of Living in Buffalo, Minnesota. Find out the best and worst about to live, raise a family or retire in Buffalo.

Buffalo is a city in the U.S. state of Minnesota and the county seat of Wright County. It is in the Minneapolis–Saint Paul metropolitan area, about 42 miles northwest of Minneapolis on Buffalo Lake. Buffalo's population was 15,453 at the 2010 census and 18,168 at the 2020 census.

Minnesota State Highways 25 and 55 are two of the main routes into the city.

DEMOGRAPHICS

Population
16413
Unemployment
5.4%
15% NAT AVG.
Poverty
8.6%
39% NAT AVG.
Cost Of Living
104
4% NAT AVG.

ECONOMICS

Median Home Cost
$206800
10% NAT AVG.
Median Income
$68371
1% NAT AVG.
Median Rent
$1009
13% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
239
38% NAT. AVG.
40% STATE AVG.
Violent Crime
12
81% NAT. AVG.
74% STATE AVG.
Property Crime
227
30% NAT. AVG.
35% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 12
Unemployed People
1 in 19
People Earning < $10,000
1 in 23
People Earning < $50,000
38.2%
People With Any Degree
1 in 2.5

ETHNICITY

Ethnicity Buffalo USA
White 96.3% 60.1%
African American 0.7% 12.2%
American Indian 0.2% 0.6%
Asian 0.5% 5.6%
Hawaiian 0% 0.2%
Multiracial 0.9% 2.8%
Hispanic 1.5% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Buffalo USA
Less than $10,000 4.4% 5.8%
$10,000 to $14,999 3.2% 4.1%
$15,000 to $24,999 5.4% 8.5%
$25,000 to $34,999 10.2% 8.6%
$35,000 to $49,999 15% 12.0%
$50,000 to $74,999 13.8% 17.2%
$75,000 to $99,999 13.4% 12.8%
$100,000 to $149,999 19.4% 15.6%
$150,000 to $199,999 8.7% 7.1%

EDUCATION

Education Buffalo USA
< 9th Grade 3% 5.0%
9-12th Grade 4% 7.0%
High School or GED 27% 27.0%
Other College 26% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 20% 20.0%
Master's Degree 7% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Buffalo is a city in Minnesota state in USA with a population of 16413 residents.. The poverty rate of Buffalo is 8.6%, which is 39% lower than national average. The typical household in Buffalo earns $68371 a year, compared to the national median of $67,500. Nearly 38.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Buffalo remained 5.4%, which is 15% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Buffalo is 104, which is 4% higher than national average. In Buffalo, only 30% of adults have a bachelor's degree and 36% have some college but no degree. Median home value in Buffalo is $206800 , which is 10% lower than national average. While median income in Buffalo remained $68371, which is 1% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Buffalo Scorecard

Jobs80%

Housing80%

Affordability80%

Safety80%

Amenities85%

Diversity30%

Education80%

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