Living in Buffalo Soapstone, Alaska
Cost of living, income, home prices, rent and demographics of Buffalo Soapstone · Census data 2020–2024
Buffalo Soapstone has 739 residents with a median age of 54.1. The median household income is $68,750 (26% lower than the Alaska median), the median home value is $289,300, the median rent is $791/month.
Buffalo Soapstone is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Buffalo Soapstone at a glance
- Population
- 739
- Median age
- 54.1State: 35.8
- Median household income
- $68,750State: $92,788
- Median home value
- $289,300State: $352,900
- Median rent
- $791/moState: $1,419
- Homeowners
- 85.2%
- Bachelor's degree or higher
- 19.7%
- Average commute
- 24 min
Is Buffalo Soapstone a good place to live?
Pros: Home values 18% lower than the state median.
Cons: Median household income 26% lower than the Alaska median; an average commute of 24 minutes; unemployment of 9%; a poverty rate of 13.1%.
The weather is best in May to August.
Cost of living in Buffalo Soapstone
Housing is the biggest part of the cost of living. In Buffalo Soapstone the median home value is $289,300, 13% lower than the U.S. median. Renters pay a median of $791 per month, which is 37% of household income. Homeowners with a mortgage pay $1,660 a month in housing costs.
Buffalo Soapstone median household income
The median household income in Buffalo Soapstone is $68,750 and the income per person is $38,095. 13.1% of residents live below the poverty line (Alaska: 10.1%).
Housing in Buffalo Soapstone: homes for sale and rent
- Housing units
- 414
- Owner-occupied
- 85.2%
- Renter-occupied
- 14.8%
- Vacant
- 23.2%Includes seasonal homes
- Median year built
- 1997
- Average household size
- 2.32
Buffalo Soapstone demographics
- Population
- 739
- Median age
- 54.1
- Under 18
- 16.2%
- 65 and older
- 24.1%
- Households
- 318
- Foreign-born
- 3.1%
- Veterans
- 11.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Buffalo Soapstone ›
Education in Buffalo Soapstone
19.7% of adults 25 and older in Buffalo Soapstone have a bachelor's degree or higher (Alaska: 31.7%), and 8.6% have a graduate or professional degree.
Jobs and commute in Buffalo Soapstone
- Unemployment rate
- 9%State: 5.9%
- Average commute
- 24 minState: 19 min
- Work from home
- 20.6%
- Drive alone
- 72.1%
- Public transit
- 0%
- Walk to work
- 1.7%
- Homes with broadband
- 89.6%
Buffalo Soapstone vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Buffalo Soapstone | 739 | $68,750 | $289,300 | $791 |
| Farm Loop | 2,894 | $119,375 | $431,300 | $1,991 |
| Palmer | 6,268 | $72,201 | $294,900 | $1,125 |
| Fishhook | 5,819 | $111,375 | $416,300 | $1,837 |
| Lazy Mountain | 1,459 | $101,667 | $352,800 | $980 |
| North Lakes | 10,223 | $101,679 | $357,600 | $1,441 |
| Gateway | 6,845 | $137,772 | $446,200 | $1,741 |
| Sutton-Alpine | 1,598 | $75,119 | $236,200 | $961 |
| South Lakes | 6,180 | $98,141 | $377,500 | $1,178 |
More for people moving to Buffalo Soapstone
Buffalo Soapstone ZIP code ›Weather and climate ›Living in Buffalo Soapstone: FAQ
What is the median household income in Buffalo Soapstone, AK?
The median household income in Buffalo Soapstone is $68,750, 26% lower than the Alaska median of $92,788 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Buffalo Soapstone?
The median home value in Buffalo Soapstone is $289,300, compared with $352,900 in Alaska.
How much is rent in Buffalo Soapstone?
The median gross rent in Buffalo Soapstone is $791 per month, about 37% of household income.
Is Buffalo Soapstone, AK a good place to live?
Pluses: home values 18% lower than the state median. Minuses: median household income 26% lower than the Alaska median; an average commute of 24 minutes; unemployment of 9%; a poverty rate of 13.1%.
What is the median age in Buffalo Soapstone?
The median age in Buffalo Soapstone is 54.1 years (Alaska: 35.8).
How long is the commute in Buffalo Soapstone?
The average commute to work in Buffalo Soapstone is 24 minutes; 20.6% of workers work from home.
What is the unemployment rate in Buffalo Soapstone?
The unemployment rate in Buffalo Soapstone is 9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Buffalo Soapstone?
19.7% of adults in Buffalo Soapstone have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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