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Buffalo, SD Profile: Facts & Data

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Buffalo, South Dakota - Basic Facts

The Town of Buffalo had a population of 332 as of July 1, 2020.

The primary coordinate point for Buffalo is located at latitude 45.5842 and longitude -103.546 in Harding County. The formal boundaries for the Town of Buffalo encompass a land area of 0.55 sq. miles and a water area of 0 sq. miles. Harding County is in the Mountain time zone (GMT -7). The elevation is 2,881 feet.

The Town of Buffalo (GNIS ID: 1267302) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


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Buffalo, SD Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 332 (100%)
Population in Households 324 (97.6%)
Population in Families 260 (78.3%)
Population in Group Quarters1 8 ( 2.4%)
Population Density 600
Diversity Index2 15
 
 

INCOME

Median Household Income $54,466
Average Household Income $68,586
% of Income for Mortgage4 9%
Per Capita Income $29,984
Wealth Index5 64
 

HOUSING

Total HU (Housing Units) 227 (100%)
Owner Occupied HU 116 (51.1%)
Renter Occupied HU 56 (24.7%)
Vacant Housing Units 55 (24.2%)
Median Home Value $114,583
Average Home Value $339,565
Housing Affordability Index3 286
 

HOUSEHOLDS

Total Households 172
Average Household Size 1.88
Family Households 108
Average Family Size 2
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population 0.06% -0.12%
Households 0.23% 0.12%
Families 2.25% 0.0%
Median Household Income   0.45%
Per Capita Income   1.42%
Owner Occupied HU   0.17%

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Buffalo, SD - Peer Comparisons by Rank and Percentile

The table below compares Buffalo to the other 393 incorporated cities, towns and CDPs in South Dakota by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 181 54th
Population Density # 170 57th
Median Household Income # 201 49th
Housing Affordability Index # 311 79th
Per Capita Income # 202 49th
Diversity Index # 207 47th

Additional comparisons and rankings can be made with a VERY EASY TO USE South Dakota Census Data Comparison Tool.

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