HomeMinnesotaWright CountyBuffalo
Buffalo, Minnesota: commercial real estate data.
Buffalo is a Census city of 16,499 people across 7.76 square miles of land, in Wright County. Median household income is $88,820, 74.3 percent of occupied homes are owned, and the SBA record carries 50 7(a) approvals to borrowers here worth $22.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Buffalo
What Buffalo is
- Census place typecity
- Land area7.76 sq mi
- Water area2.14 sq mi
- Population per square mile of land2,126
- County holding the largest share of its areaWright 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
How many people live in Buffalo
- Population16,499
- Median age38.6
- Population under 183,968
- Share under 1824.0 percent
- Population 65 and over2,848
- Share 65 and over17.3 percent
- Households6,329
- Family households4,302
- Share of households that are families68.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Buffalo
Income and work in Buffalo
- Median household income$88,820
- Per capita income$39,807
- Civilian labor force8,713
- Employed8,193
- Unemployed520 plus or minus 272
- Unemployment rate6.0 percent plus or minus 3.1
- Adults 25 and over11,151
- Adults 25 and over with a high school diploma or higher94.8 percent
- Adults 25 and over with a bachelor degree or higher32.0 percent
- Adults 25 and over with a graduate degree13.5 percent plus or minus 3.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Buffalo
Housing in Buffalo
- Housing units6,506
- Occupied units6,329
- Vacant units177 plus or minus 104
- Vacancy rate2.7 percent plus or minus 1.6
- Owner occupied4,700
- Renter occupied1,629
- Ownership rate74.3 percent
- Median owner-occupied home value$314,400
- Median gross rent, monthly$1,182
- Annual rent as a share of median income16.0 percent
- Single family units5,135
- Share single family78.9 percent
- Units in buildings of two or more1,114 plus or minus 275
- Share in buildings of two or more17.1 percent plus or minus 4.1
- Mobile homes257 plus or minus 112
- Median year structure built1993
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Buffalo
How Buffalo gets to work
- Workers 16 and over who commute7,068
- Commuting under 15 minutes2,466
- Share commuting under 15 minutes34.9 percent
- Commuting 30 minutes or more2,967
- Share commuting 30 minutes or more42.0 percent
- Drove alone76.9 percent
- Carpooled7.6 percent plus or minus 2.5
- Public transport0.2 percent plus or minus 0.3
- Walked0.8 percent plus or minus 0.5
- Worked from home12.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Buffalo
SBA loans in Buffalo (7(a))
- Approvals50
- Gross approval$22,288,900
- Average approval$445,778
- Median approval$171,800
- Ninetieth percentile approval$943,000
- Largest approval$3,659,500
- Jobs supported609
- Jobs per approval12.2
- Loans with a final outcome13
- Paid in full13
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more10.0 percent
- Share to franchises14.0 percent
- Distinct lenders26
- Distinct industries by NAICS35
Counted by borrower city: approvals to borrowers whose address is in Buffalo, in any county, FY2020 to FY2026. Only 13 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.
Buffalo
SBA loans in Buffalo (504)
- Approvals31
- Gross approval$11,618,000
- Average approval$374,774
- Median approval$279,000
- Largest approval$989,000
- Jobs supported193
- Loans with a final outcome9
- Charged off0
- Median term240 months
- Distinct CDCs5
Counted by borrower city: approvals to borrowers whose address is in Buffalo, in any county, FY2010 to FY2026. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Buffalo
Flood risk in Buffalo
- NFIP communityCity of Buffalo
- NFIP community number270535
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/20/24
The City of Buffalo participates in the National Flood Insurance Program as community 270535 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Wright County, not Buffalo
Wright County context, not Buffalo figures
- Establishments in Wright County3,680
- Covered employment, Wright County48,758
- Average annual pay, Wright County$55,999
- Housing units permitted, Wright County1,264
Every figure in this section is published for Wright County as a whole and is not a measurement of Buffalo.
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 questions, answered from the record.
How many people live in Buffalo, Minnesota?
16,499, in 6,329 households. Buffalo city covers 7.76 square miles of land, which is 2,126 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Buffalo in?
Wright 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?
$88,820. The median owner-occupied home is valued at $314,400. Median gross rent is $1,182 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 businesses?
50 7(a) approvals totaling $22.3 m since FY2020, across 26 lenders, median approval $171,800, plus 31 504 approvals worth $11.6 m since FY2010. These count approvals to borrowers whose address is in Buffalo, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Buffalo borrowers get paid back?
No rate is published for Buffalo. Only 13 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.
Is Buffalo in the National Flood Insurance Program?
Yes. Buffalo appears in the FEMA Community Status Book as Buffalo, city of, community 270535, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Buffalo figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wright 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.
Is zoning published for Buffalo?
No. Nothing on this page presents parcel level zoning.