Buffalo Lake vs Franklin

A side-by-side comparison of Buffalo Lake and Franklin: population, income, housing, and more.

Buffalo Lake and Franklin are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Buffalo Lake has the higher population (664 vs 513 in Franklin). Buffalo Lake has the higher median household income ($56,719 vs $54,904 in Franklin). Buffalo Lake has the higher median home value ($106,000 vs $84,800 in Franklin).

Population, income & housing

	Buffalo Lake	Franklin
Population	664	513
Median age	41.2 yrs	38.0 yrs
Median household income	$56,719	$54,904
Median home value	$106,000	$84,800
Median gross rent	$763	$883
Housing units	285	201
Homeownership rate	73.4%	83.9%
Bachelor's degree or higher	20.1%	12.5%
Unemployment rate	5.5%	1.9%

Trends (ACS 5-year, 2019–2023)

	Buffalo Lake	Franklin
Population	621 → 664 (+6.9%)	553 → 513 (-7.2%)
Median household income	$42,574 → $56,719 (+33.2%)	$36,458 → $54,904 (+50.6%)
Median home value	$92,400 → $106,000 (+14.7%)	$74,200 → $84,800 (+14.3%)
Median gross rent	$539 → $763 (+41.6%)	$579 → $883 (+52.5%)

Buffalo Lake

Population

621664

Median household income

$42,574$56,719

Median home value

$92,400$106,000

Median gross rent

$539$763

Franklin

Population

553513

Median household income

$36,458$54,904

Median home value

$74,200$84,800

Median gross rent

$579$883

Age & race/ethnicity

Age distribution (share)

	Buffalo Lake	Franklin
Under 5	9.2%	3.5%
5 to 17	16.9%	21.8%
18 to 24	5.7%	4.3%
25 to 34	12.8%	12.1%
35 to 44	7.5%	17.0%
45 to 54	10.7%	6.4%
55 to 64	8.4%	13.6%
65 to 74	12.0%	17.7%
75 and over	16.7%	3.5%

Race & ethnicity (share)

	Buffalo Lake	Franklin
White (non-Hispanic)	68.5%	80.7%
Black or African American	0.0%	1.6%
American Indian & Alaska Native	0.3%	3.5%
Asian	0.0%	5.7%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	1.7%	0.0%
Two or more races	1.7%	2.3%
Hispanic or Latino	27.9%	6.2%

Educational attainment (age 25+)

Share of adults 25+

	Buffalo Lake	Franklin
No high school diploma	11.9%	8.6%
High school graduate	34.0%	44.6%
Some college or associate's	34.0%	34.3%
Bachelor's degree	13.5%	12.5%
Graduate or professional degree	6.6%	0.0%

Commute to work

How workers get to work (share)

	Buffalo Lake	Franklin
Drove alone	84.7%	88.4%
Carpooled	0.8%	2.7%
Public transit	0.0%	0.0%
Walked	4.1%	2.3%
Bicycle	0.0%	0.0%
Worked from home	10.3%	4.7%
Other means	0.0%	1.9%

Housing

Units in structure (share)

	Buffalo Lake	Franklin
1-unit, detached	80.4%	95.5%
1-unit, attached	0.0%	0.0%
2 to 4 units	1.4%	0.0%
5 to 19 units	6.3%	3.5%
20 or more units	2.8%	0.0%
Mobile home & other	9.1%	1.0%

Poverty & households

	Buffalo Lake	Franklin
Poverty rate	17.4%	15.1%
Average household size	2.49	2.32
Mean commute (minutes)	27	23
Median year structure built	1959	1960