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AREA INFORMATION

55314 (Buffalo Lake, MN)

Explore the real estate in 55314 (Buffalo Lake, MN)

Area Highlights

55314 (Buffalo Lake, MN) residents have a median age of 45.4 years old, with employment highest in the administrative support and unclassified industries.

1,248 Population

The population has decreased by -11.3% since the year 2000.

494 Households

The annual residential turnover is 0% in this area.

$53,168 /yr
Median Household Income

$154,500
Median Home Sale Price

19m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

45.4 Median Age
4 /5
Educational Climate Score
Factors include income, educational achievement, and the occupations of residents. This may not reflect the nature of an individual school.

45%

Married
This location’s average annual expenditures compared to the national average. Index score (100=National Average)

Community Population By Education

High School Graduate 39%
Some College 25%
Associates Degree 17%
Bachelors Degree 8%
Graduate Degree 4%
Less than 9th Grade 4%
Some High School 3%
Of the 893 people surveyed, the most prevalent educational attainment level is High School Graduate by 349 people, representing 39% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
23.7% of households have children

Area Schools

PRESCHOOL-5
0.6 MILES


Buffalo Lake-hector Elementary School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$53,168 /yr
Median Household Income
58.3%
increase in household
income since the year 2000.
19 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

There are 493 households in this area. The largest income group of $75-100k is made out of 71 households.

Transportation to Work

  • Drive 76%
  • Work from Home 14%
  • Walk or Bike 10%
  • Public Transit 0%

Occupancy by Type

Owned 418 75%
Rented 77 14%
Vacant 65 12%

White vs Blue Collar Jobs







White Collar 55%
Blue Collar 45%

Employment

Employees by Industry

  • Agriculture 1
  • Mining 79
  • Manufacturing 39
  • Transportation 94
  • Sales 129
  • Finance 35
  • Personal Care 70
  • Food Service 35
  • Education 54
  • Engineering 5

Employees by Occupation

  • Agriculture 1
  • Management 57
  • Construction 79
  • Protective Services 9
  • Transportation 94
  • Labor 150
  • Education 54
  • Food Service 35
  • Computer 13
  • Arts 13
  • Legal 1

Demographics

Community Population By Age

The median age for this area is 45.4 years old. There are 98 people aged 60-64. 95 aged 15-19 and 92 aged 65-69.

Community Population By Ethnicity

White 1,163 89%
Hispanic 66 5%
Other 50 4%
Native American 11 <1%
Black 9 <1%
Asian 4 <1%
Hawaiian 0 <1%
Of the 1,303 people surveyed, the most prevalent ethnicity is White at 89%, followed by Hispanic at 5%, Other at 4%, and Native American at <1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

83° July
Hottest Average Month
9° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
9°
25°
Feb
11°
28°
Mar
23°
40°
Apr
37°
58°
May
47°
69°
Jun
58°
78°
Jul
63°
83°
Aug
59°
79°
Sep
51°
73°
Oct
39°
60°
Nov
28°
46°
Dec
14°
30°

Average Temperature in Degrees Fahrenheit

Humidity & Precipitation

Relative Humidity (%)
Precipitation data unavailable
Weather Data Source: HUTCHINSON (AWOS)

Listings in the Area

$224,500
For sale
3 beds • 2 baths

303 E Church Ave
Buffalo Lake, MN 55314

$229,500
For sale
3 beds • 3 baths • 3,176 sqft

643 W Hall Avenue
Buffalo Lake, MN 55314

$105,000
For sale
2 beds • 1 baths • 2,686 sqft

205 W Park Avenue
Buffalo Lake, MN 55314

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Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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