Living in Buffalo, Indiana
Cost of living, income, home prices, rent and demographics of Buffalo · Census data 2020–2024
Buffalo has 947 residents with a median age of 56.5. The median household income is $89,934 (25% higher than the Indiana median), the median home value is $125,000.
Buffalo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Buffalo at a glance
- Population
- 947
- Median age
- 56.5State: 38.1
- Median household income
- $89,934State: $71,957
- Median home value
- $125,000State: $218,200
- Homeowners
- 94.6%
- Bachelor's degree or higher
- 20%
- Average commute
- 30 min
Is Buffalo a good place to live?
Pros: Median household income 25% higher than the Indiana median; home values 43% lower than the state median; a poverty rate of 8.3%.
Cons: An average commute of 30 minutes.
The weather is best in June to September.
Cost of living in Buffalo
Housing is the biggest part of the cost of living. In Buffalo the median home value is $125,000, 62% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $741 a month in housing costs.
Buffalo median household income
The median household income in Buffalo is $89,934 and the income per person is $44,977. 8.3% of residents live below the poverty line (Indiana: 12.3%).
Housing in Buffalo: homes for sale and rent
- Housing units
- 531
- Owner-occupied
- 94.6%
- Renter-occupied
- 5.4%
- Vacant
- 20%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.23
Buffalo demographics
- Population
- 947
- Median age
- 56.5
- Under 18
- 1.4%
- 65 and older
- 17.7%
- Households
- 425
- Foreign-born
- 1.8%
- Veterans
- 16%Adults 18+
Hispanic or Latino can be of any race. Population history of Buffalo ›
Education in Buffalo
20% of adults 25 and older in Buffalo have a bachelor's degree or higher (Indiana: 29.5%), and 1.1% have a graduate or professional degree.
Jobs and commute in Buffalo
- Unemployment rate
- 0%State: 4.3%
- Average commute
- 30 minState: 24 min
- Work from home
- 4.8%
- Drive alone
- 55.8%
- Public transit
- 0%
- Walk to work
- 5.1%
- Homes with broadband
- 89.6%
Buffalo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Buffalo | 947 | $89,934 | $125,000 | — |
| Monon | 2,091 | $49,286 | $96,000 | $912 |
| Norway | 282 | $39,286 | $106,000 | — |
| Idaville | 399 | $49,323 | $136,300 | — |
| Monticello | 5,496 | $52,798 | $149,600 | $927 |
| Francesville | 946 | $65,000 | $131,900 | $961 |
| Burnettsville | 307 | $63,365 | $104,700 | $925 |
| Reynolds | 718 | $58,750 | $123,900 | $1,300 |
| Royal Center | 919 | $51,818 | $83,800 | $828 |
More for people moving to Buffalo
Buffalo ZIP code ›Weather and climate ›Living in Buffalo: FAQ
What is the median household income in Buffalo, IN?
The median household income in Buffalo is $89,934, 25% higher than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Buffalo?
The median home value in Buffalo is $125,000, compared with $218,200 in Indiana.
Is Buffalo, IN a good place to live?
Pluses: median household income 25% higher than the Indiana median; home values 43% lower than the state median; a poverty rate of 8.3%. Minuses: an average commute of 30 minutes.
What is the median age in Buffalo?
The median age in Buffalo is 56.5 years (Indiana: 38.1).
How long is the commute in Buffalo?
The average commute to work in Buffalo is 30 minutes; 4.8% of workers work from home.
What is the unemployment rate in Buffalo?
The unemployment rate in Buffalo is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Buffalo?
20% of adults in Buffalo 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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