HomeMinnesotaRenville CountyBuffalo Lake
Buffalo Lake, Minnesota: commercial real estate data.
Buffalo Lake is a Census city of 635 people across 0.68 square miles of land, in Renville County. Median household income is $66,167, 77.6 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $5.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Buffalo Lake
What Buffalo Lake is
- Census place typecity
- Land area0.68 sq mi
- Water area0 sq mi
- Population per square mile of land931 plus or minus 192
- County holding the largest share of its areaRenville County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Buffalo Lake
How many people live in Buffalo Lake
- Population635 plus or minus 131
- Median age42.8 plus or minus 15.0
- Population under 18164 plus or minus 48
- Share under 1825.8 percent plus or minus 5.3
- Population 65 and over192 plus or minus 52
- Share 65 and over30.2 percent
- Households210
- Family households136 plus or minus 30
- Share of households that are families64.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Buffalo Lake
Income and work in Buffalo Lake
- Median household income$66,167
- Per capita income$25,361
- Civilian labor force228 plus or minus 59
- Employed215 plus or minus 58
- Unemployed13 plus or minus 8
- Unemployment rate5.7 percent plus or minus 3.2
- Adults 25 and over438
- Adults 25 and over with a high school diploma or higher90.0 percent
- Adults 25 and over with a bachelor degree or higher17.1 percent plus or minus 9.2
- Adults 25 and over with a graduate degree5.9 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Buffalo Lake
Housing in Buffalo Lake
- Housing units268
- Occupied units210
- Vacant units58 plus or minus 29
- Vacancy rate21.6 percent plus or minus 10.2
- Owner occupied163 plus or minus 34
- Renter occupied47 plus or minus 21
- Ownership rate77.6 percent
- Median owner-occupied home value$113,400 plus or minus $31,193
- Median gross rent, monthly$759 plus or minus $187
- Annual rent as a share of median income13.8 percent plus or minus 3.6
- Single family units227
- Share single family84.7 percent
- Units in buildings of two or more15 plus or minus 15
- Share in buildings of two or more5.6 percent plus or minus 5.6
- Mobile homes26 plus or minus 21
- Median year structure built1958
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Buffalo Lake
How Buffalo Lake gets to work
- Workers 16 and over who commute197 plus or minus 57
- Commuting under 15 minutes38 plus or minus 16
- Share commuting under 15 minutes19.3 percent plus or minus 5.7
- Commuting 30 minutes or more114 plus or minus 47
- Share commuting 30 minutes or more57.9 percent plus or minus 16.7
- Drove alone85.1 percent
- Carpooled1.4 percent plus or minus 1.8
- Public transport0.0 percent
- Walked5.1 percent plus or minus 3.5
- Worked from home8.4 percent plus or minus 5.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Buffalo Lake
SBA loans in Buffalo Lake (7(a))
- Approvals2
- Gross approval$5,100,000
- Average approval$2,550,000
- Median approval$2,550,000
- Largest approval$5,000,000
- Jobs supported239
- Jobs per approval119.5
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term102 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Buffalo Lake, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Renville County, not Buffalo Lake
Renville County context, not Buffalo Lake figures
- Establishments in Renville County474
- Covered employment, Renville County5,483
- Average annual pay, Renville County$55,239
- Housing units permitted, Renville County21
Every figure in this section is published for Renville County as a whole and is not a measurement of Buffalo Lake.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Buffalo Lake questions, answered from the record.
How many people live in Buffalo Lake, Minnesota?
635, in 210 households. Buffalo Lake city covers 0.68 square miles of land, which is 931 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Buffalo Lake in?
Renville County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Buffalo Lake?
$66,167. The median owner-occupied home is valued at $113,400. Median gross rent is $759 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Buffalo Lake businesses?
2 7(a) approvals totaling $5.1 m since FY2020, across 2 lenders, median approval $2,550,000. These count approvals to borrowers whose address is in Buffalo Lake, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Buffalo Lake borrowers get paid back?
No rate is published for Buffalo Lake. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Buffalo Lake figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Renville County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Buffalo Lake.
Is zoning published for Buffalo Lake?
No. Nothing on this page presents parcel level zoning.
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