HomeMinnesotaWright CountyBuffalo city
Buffalo city, Minnesota: commercial real estate data.
Buffalo city 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.
77 sourced place values · tier FULL · 8 sections · 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$189,000
- Ninetieth percentile approval$1,150,000
- Largest approval$3,659,500
- Jobs supported609
- Jobs per approval12.2
- Loans with a final outcome13
- Paid in full13
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- 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
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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Wright County, not Buffalo
Wright County context, not Buffalo figures
These are Wright County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Buffalo measurements.
- Establishments in Wright County3,680
- Employment at those establishments, Wright County42,944
- Covered employment, Wright County48,758
- Average annual pay, Wright County$55,999
- Average weekly wage, Wright County$1,077
- Housing units permitted, Wright County1,264
- Of those, single family, Wright County1,032
- County product, 2024, Wright County$7,314,179,000
- County product change over the prior year, Wright County6.5 percent
- Average income of an arriving household, Wright County$79,885
Every figure in this section is published for Wright County as a whole and is not a measurement of Buffalo. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $22.3 m, across 26 lenders, median approval $189,000, plus 31 504 approvals worth $11.6 m. 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?
Of the 13 loans that have reached a final outcome, 13 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Buffalo figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.