Living in Buffalo, Wyoming
Cost of living, income, home prices, rent and demographics of Buffalo · Census data 2020–2024
Buffalo has 4,572 residents with a median age of 48. The median household income is $62,629 (18% lower than the Wyoming median), the median home value is $300,500, the median rent is $1,019/month.
Buffalo at a glance
- Population
- 4,572
- Median age
- 48State: 39.1
- Median household income
- $62,629State: $76,176
- Median home value
- $300,500State: $309,700
- Median rent
- $1,019/moState: $992
- Homeowners
- 78.6%
- Bachelor's degree or higher
- 29.9%
- Average commute
- 13 min
Is Buffalo a good place to live?
Pros: Home values about the same as the state median; an average commute of 13 minutes; a poverty rate of 9.9%.
Cons: Median household income 18% lower than the Wyoming median; unemployment of 5.3%.
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 $300,500, 10% lower than the U.S. median. Renters pay a median of $1,019 per month, which is 25.7% of household income. Homeowners with a mortgage pay $1,424 a month in housing costs.
Buffalo median household income
The median household income in Buffalo is $62,629 and the income per person is $39,388. 9.9% of residents live below the poverty line (Wyoming: 10.5%).
Housing in Buffalo: homes for sale and rent
- Housing units
- 2,435
- Owner-occupied
- 78.6%
- Renter-occupied
- 21.4%
- Vacant
- 6.7%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 1.95
Buffalo demographics
- Population
- 4,572
- Median age
- 48
- Under 18
- 17.6%
- 65 and older
- 31.4%
- Households
- 2,272
- Foreign-born
- 0.7%
- Veterans
- 11.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Buffalo ›
Education in Buffalo
29.9% of adults 25 and older in Buffalo have a bachelor's degree or higher (Wyoming: 30.6%), and 10.6% have a graduate or professional degree.
Jobs and commute in Buffalo
- Unemployment rate
- 5.3%State: 3.7%
- Average commute
- 13 minState: 19 min
- Work from home
- 17%
- Drive alone
- 68%
- Public transit
- 0.5%
- Walk to work
- 10.1%
- Homes with broadband
- 88.8%
Buffalo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Buffalo | 4,572 | $62,629 | $300,500 | $1,019 |
| Story | 1,054 | $113,590 | $437,200 | — |
| Clearmont | 104 | $75,000 | — | $1,125 |
| Big Horn | 259 | $181,121 | $1,587,800 | — |
| Powder Horn | 702 | $110,096 | $949,800 | — |
| Sheridan | 19,285 | $62,867 | $340,600 | $936 |
| Ten Sleep | 239 | $46,875 | $255,000 | $750 |
| Kaycee | 280 | $45,000 | $183,300 | $1,107 |
| Ranchester | 1,277 | $69,464 | $326,900 | $763 |
More for people moving to Buffalo
Buffalo ZIP code ›Weather and climate ›Living in Buffalo: FAQ
What is the median household income in Buffalo, WY?
The median household income in Buffalo is $62,629, 18% lower than the Wyoming median of $76,176 (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 $300,500, compared with $309,700 in Wyoming.
How much is rent in Buffalo?
The median gross rent in Buffalo is $1,019 per month, about 25.7% of household income.
Is Buffalo, WY a good place to live?
Pluses: home values about the same as the state median; an average commute of 13 minutes; a poverty rate of 9.9%. Minuses: median household income 18% lower than the Wyoming median; unemployment of 5.3%.
What is the median age in Buffalo?
The median age in Buffalo is 48 years (Wyoming: 39.1).
How long is the commute in Buffalo?
The average commute to work in Buffalo is 13 minutes; 17% of workers work from home.
What is the unemployment rate in Buffalo?
The unemployment rate in Buffalo is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Buffalo?
29.9% 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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