Is Buffalo, Minnesota a Good Place To Live? - Living In Buffalo, MN

Is Buffalo, Minnesota a good place to live?
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.

A high school education is a basic prerequisite for most jobs, and in Buffalo, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. 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. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Buffalo, only 30% of adults have a bachelor's degree and 36% have some college but no degree.

Cost of living in Buffalo is 104, which is 4% higher than national average. 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.
Population
16413
Unemployment
5.4%
15% NAT AVG.
Poverty
8.6%
39% NAT AVG.
Overall Score
5
Median Home Cost
$206800
10% NAT AVG.
Median Income
$68371
1% NAT AVG.
Median Rent
$1009
13% NAT AVG.
Cost Of Living
104
4% NAT AVG.
People Living BPL
1 in 12
Unemployed People
1 in 19
People Earning < $10,000
1 in 23
People Earning < $50,000
38.2%
People with <= High School
1 in 2.9
People With Any Degree
1 in 2.5
Pros & Cons Overview

Jobs80%

Housing80%

Affordability80%

Safety80%

Amenities85%

Diversity30%

Education80%

Commute60%