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Buffalo, Minnesota

city · Wright County

At a glance

16,499
Population
$314,400
Median home value (all homes)
4% above U.S. median
$384,961
Typical market value
Zillow, 2026-07
$1,182/mo
Median rent
12% below U.S. median
$88,820
Median household income
13% above U.S. median
26.5 min
Average commute
92.8%
Homes with broadband
57.02%
Locations with fiber available
6%
Unemployment

Cost of living (Clay Affordability Index)

CAI 107 — 7% above the national average. how it's computed

Housing21% above
Goods & services4% above
Utilities1% below
Taxes12% below
Insurance6% below
Commute cost5% below
For business: Minnesota is CBII band 3/5 · time to build band 4/5. See state page for the breakdown.

Living here

Nearest 4-year college21 mi
Nearest community college23 mi
Nearest technical college20 mi
High school graduates94.8%
College graduates32%

Doing business here

Economic development contacts, most local first:

city Buffalo Development Services
The City of Buffalo’s Housing & Redevelopment Authority (HRA) can provide financial assistance to businesses with projects ranging from façade improvement to interior repairs needed to remain in operation. Wright County Economic Development Partnership assists with business retention, expansion, and recruitment, and offers an Enterprise Loan Fund to encourage industrial and commercial development that contributes meaningfully to Wright County’s business environment and tax base.
county Wright County Economic Dev Partnership
The Wright County Economic Development Partnership is the primary point of contact for existing, start-up, and relocation businesses. It is the economic development arm of the County, a not-for-profit partnership of area businesses, communities, and the County working together to enhance the economic vitality of Wright County.
state Arrowhead Regional Development Commission
ARDC is a multi-disciplined planning and development organization serving the seven-county Arrowhead Region in northeast Minnesota. Its mission is to provide local units of government and citizen groups a means to work cooperatively in identifying needs, solving problems, and fostering local leadership to promote economic growth.
state Economic Dev Association of Minnesota
EDAM champions economic development through education, collaboration and advocacy. It is a state-wide association of professionals who specialize in economic development, with members in public, private, and nonprofit sectors who stay informed and connected to current economic development strategies and best practices.
state Minnesota Dept of Empl & Economic Dev
Minnesota's state agency that provides employment services, workforce development, unemployment insurance support, business financing, and economic development programs for residents and businesses.
state Minnesota Power Economic Development
Minnesota Power has the resources, connections and experience to help companies find sites and secure capital for expansion and relocation projects in our service area. It also provides private sector leadership in economic development.
state North Saint Paul Economic Development
The North St. Paul Economic Development Authority (EDA) was established to precipitate future development, increase the tax base, promote employment, and enhance the overall quality of life in North St. Paul; it sets goals, meets regularly, and can provide momentum and a vision for economic development.
State sales taxYes
State income taxYes
Right-to-work stateNo

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