Living in Buffalo Springs Lake, Texas
Cost of living, income, home prices, rent and demographics of Buffalo Springs Lake · Census data 2020–2024
Buffalo Springs Lake has 571 residents with a median age of 42.8. The median household income is $101,667 (30% higher than the Texas median), the median home value is $239,500.
Buffalo Springs Lake is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Buffalo Springs Lake at a glance
- Population
- 571
- Median age
- 42.8State: 35.6
- Median household income
- $101,667State: $78,476
- Median home value
- $239,500State: $283,800
- Homeowners
- 99.2%
- Bachelor's degree or higher
- 32.3%
- Average commute
- 26 min
Is Buffalo Springs Lake a good place to live?
Pros: Median household income 30% higher than the Texas median; home values 16% lower than the state median; an average commute of 26 minutes; a poverty rate of 1.6%.
The weather is best in April–May and September–October.
Cost of living in Buffalo Springs Lake
Housing is the biggest part of the cost of living. In Buffalo Springs Lake the median home value is $239,500, 28% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,555 a month in housing costs.
Buffalo Springs Lake median household income
The median household income in Buffalo Springs Lake is $101,667 and the income per person is $47,444. 1.6% of residents live below the poverty line (Texas: 13.8%).
Housing in Buffalo Springs Lake: homes for sale and rent
- Housing units
- 413
- Owner-occupied
- 99.2%
- Renter-occupied
- 0.8%
- Vacant
- 40%Includes seasonal homes
- Median year built
- 1961
- Average household size
- 2.30
40% of homes are vacant most of the year, a sign that Buffalo Springs Lake has many vacation and second homes.
Buffalo Springs Lake demographics
- Population
- 571
- Median age
- 42.8
- Under 18
- 18.4%
- 65 and older
- 20.8%
- Households
- 248
- Foreign-born
- 1.6%
- Veterans
- 3%Adults 18+
Hispanic or Latino can be of any race. Population history of Buffalo Springs Lake ›
Education in Buffalo Springs Lake
32.3% of adults 25 and older in Buffalo Springs Lake have a bachelor's degree or higher (Texas: 33.8%), and 6.5% have a graduate or professional degree.
Jobs and commute in Buffalo Springs Lake
- Unemployment rate
- 0%State: 5.3%
- Average commute
- 26 minState: 27 min
- Work from home
- 7.1%
- Drive alone
- 88.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 97.2%
Buffalo Springs Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Buffalo Springs Lake | 571 | $101,667 | $239,500 | — |
| Ransom Canyon | 1,041 | $113,950 | $341,000 | — |
| Slaton | 5,761 | $56,676 | $84,600 | $994 |
| Idalou | 2,151 | $58,500 | $211,000 | $678 |
| Lubbock | 264,814 | $60,895 | $212,400 | $1,182 |
| Lorenzo | 834 | $46,389 | $100,800 | $665 |
| Wilson | 449 | $50,500 | $131,800 | $925 |
| New Deal | 668 | $96,500 | — | $718 |
| Wolfforth | 6,701 | $106,250 | $260,200 | $1,674 |
More for people moving to Buffalo Springs Lake
Buffalo Springs Lake ZIP code ›Weather and climate ›Living in Buffalo Springs Lake: FAQ
What is the median household income in Buffalo Springs Lake, TX?
The median household income in Buffalo Springs Lake is $101,667, 30% higher than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Buffalo Springs Lake?
The median home value in Buffalo Springs Lake is $239,500, compared with $283,800 in Texas.
Is Buffalo Springs Lake, TX a good place to live?
Pluses: median household income 30% higher than the Texas median; home values 16% lower than the state median; an average commute of 26 minutes; a poverty rate of 1.6%.
What is the median age in Buffalo Springs Lake?
The median age in Buffalo Springs Lake is 42.8 years (Texas: 35.6).
How long is the commute in Buffalo Springs Lake?
The average commute to work in Buffalo Springs Lake is 26 minutes; 7.1% of workers work from home.
What is the unemployment rate in Buffalo Springs Lake?
The unemployment rate in Buffalo Springs Lake is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Buffalo Springs Lake?
32.3% of adults in Buffalo Springs Lake 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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