55314 Zip Code (Buffalo Lake, MN) Detailed Profile

Estimated zip code population in 2022: 1,077
Zip code population in 2010: 1,337
Zip code population in 2000: 1,362

Houses and condos: 536
Renter-occupied apartments: 91
March 2022 cost of living index in zip code 55314: 85.7 (less than average, U.S. average is 100)

Land area: 74.5 sq. mi.
Water area: 3.4 sq. mi.

Population density: 14 people per square mile

(very low).

Real estate property taxes paid for housing units in 2022:
Median real estate property taxes paid for housing units with mortgages in 2022: $1,566 (0.9%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $2,162 (1.2%)

For population 25 years and over in 55314:

• High school or higher: 93.0%
• Bachelor's degree or higher: 21.7%
• Graduate or professional degree: 6.7%
• Unemployed: 2.8%
• Mean travel time to work (commute): 26.5 minutes

For population 15 years and over in 55314:

• Never married: 21.8%
• Now married: 56.7%
• Separated: 0.5%
• Widowed: 9.3%
• Divorced: 11.5%

• 
• • 92986.3%White
  • 12411.5%Hispanic or Latino
  • 161.5%Two or more races
  • 70.7%Some other race

100% rural population.

Averages for the 2020 tax year for zip code 55314, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $68,542 (Individual Income Tax Returns)

Here:	$68,542
State:	$82,178

Salary/wage: $53,671 (reported on 76.3% of returns)

Here:	$53,671
State:	$67,438

(% of AGI for various income ranges: 1295.6% for AGIs below $25k, 4367.0% for AGIs $25k-50k, 8674.0% for AGIs $50k-75k, 12083.3% for AGIs $75k-100k, 26642.5% for AGIs $100k-200k)

Taxable interest for individuals: $1,575 (reported on 40.7% of returns)

This zip code:	$1,575
Minnesota:	$1,814

(% of AGI for various income ranges: 37.8% for AGIs below $25k, 44.0% for AGIs $25k-50k, 298.0% for AGIs $50k-75k, 343.3% for AGIs $75k-100k, 120.0% for AGIs $100k-200k)

Ordinary dividends: $3,612 (reported on 27.1% of returns)

Here:	$3,612
State:	$6,928

(% of AGI for various income ranges: 117.0% for AGIs $25k-50k, 182.0% for AGIs $50k-75k, 316.7% for AGIs $75k-100k, 687.5% for AGIs $100k-200k)

Net capital gain/loss in AGI: +$13,444 (reported on 27.1% of returns)

Here:	+$13,444
State:	+$20,591

(% of AGI for various income ranges: 53.3% for AGIs below $25k, 91.0% for AGIs $25k-50k, 202.0% for AGIs $50k-75k, 413.3% for AGIs $75k-100k, 4467.5% for AGIs $100k-200k)

Profit/loss from business: +$11,483 (reported on 10.2% of returns)

Here:	+$11,483
State:	+$14,342

(% of AGI for various income ranges: 248.0% for AGIs $25k-50k, 1102.5% for AGIs $100k-200k)

Taxable individual retirement arrangement distribution: $8,038 (reported on 13.6% of returns)

55314:	$8,038
Minnesota:	$20,675

(% of AGI for various income ranges: 350.0% for AGIs $25k-50k, 976.7% for AGIs $75k-100k)

Total itemized deductions: $37,000 (reported on 3.4% of returns)

Here:	$37,000
State:	$33,311

(% of AGI for various income ranges: 1480.0% for AGIs $50k-75k)

Taxes paid: $6,800 (reported on 3.4% of returns)

55314:	$6,800
State:	$8,252

(% of AGI for various income ranges: 272.0% for AGIs $50k-75k)

Earned income credit: $2,580 (reported on 8.5% of returns)

Here:	$2,580
State:	$2,055

(% of AGI for various income ranges: 84.4% for AGIs below $25k, 53.0% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2020 taxes: 93.2%

Here:	93%
State:	94%

(% for various income ranges: 93.3% for AGIs below $25k, 93.8% for AGIs $25k-50k, 100.0% for AGIs $50k-75k, 85.7% for AGIs $75k-100k, 88.9% for AGIs $100k-200k, 100.0% for AGIs over 200k)

Averages for the 2012 tax year for zip code 55314, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $64,711 (Individual Income Tax Returns)

Here:	$64,711
State:	$67,192

Salary/wage: $40,491 (reported on 78.6% of returns)

Here:	$40,491
State:	$55,182

(% of AGI for various income ranges: 76.2% for AGIs below $25k, 73.0% for AGIs $25k-50k, 64.5% for AGIs $50k-75k, 61.2% for AGIs $75k-100k, 72.8% for AGIs $100k-200k)

Taxable interest for individuals: $1,387 (reported on 41.1% of returns)

This zip code:	$1,387
Minnesota:	$1,664

(% of AGI for various income ranges: 1.6% for AGIs below $25k, 0.5% for AGIs $25k-50k, 2.3% for AGIs $50k-75k, 0.4% for AGIs $75k-100k, 1.6% for AGIs $100k-200k)

Ordinary dividends: $2,776 (reported on 30.4% of returns)

Here:	$2,776
State:	$5,665

(% of AGI for various income ranges: 1.2% for AGIs below $25k, 0.9% for AGIs $25k-50k, 0.9% for AGIs $50k-75k, 1.4% for AGIs $75k-100k, 4.1% for AGIs $100k-200k)

Net capital gain/loss in AGI: +$9,643 (reported on 25.0% of returns)

Here:	+$9,643
State:	+$16,131

(% of AGI for various income ranges: 1.0% for AGIs $25k-50k, 1.2% for AGIs $75k-100k, 19.4% for AGIs $100k-200k)

Profit/loss from business: +$8,986 (reported on 12.5% of returns)

Here:	+$8,986
State:	+$12,430

Taxable individual retirement arrangement distribution: $7,386 (reported on 12.5% of returns)

55314:	$7,386
Minnesota:	$15,212

(% of AGI for various income ranges: 4.6% for AGIs below $25k, 2.6% for AGIs $25k-50k, 4.3% for AGIs $75k-100k)

Total itemized deductions: $21,876 (18% of AGI, reported on 30.4% of returns)

Here:	$21,876
State:	$24,665

Here:	17.9% of AGI
State:	19.6% of AGI

(% of AGI for various income ranges: 13.0% for AGIs $25k-50k, 12.1% for AGIs $50k-75k, 10.9% for AGIs $75k-100k, 26.2% for AGIs $100k-200k)

Charity contributions: $3,060 (reported on 26.8% of returns)

Here:	$3,060
State:	$3,948

(% of AGI for various income ranges: 1.2% for AGIs $25k-50k, 1.8% for AGIs $50k-75k, 1.2% for AGIs $75k-100k, 3.5% for AGIs $100k-200k)

Taxes paid: $9,176 (reported on 30.4% of returns)

55314:	$9,176
State:	$10,589

(% of AGI for various income ranges: 2.2% for AGIs $25k-50k, 3.6% for AGIs $50k-75k, 3.5% for AGIs $75k-100k, 16.1% for AGIs $100k-200k)

Earned income credit: $1,986 (reported on 12.5% of returns)

Here:	$1,986
State:	$2,037

(% of AGI for various income ranges: 5.8% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2012 taxes: 75.0%

Here:	75%
State:	55%

(% for various income ranges: 72.2% for AGIs below $25k, 73.3% for AGIs $25k-50k, 66.7% for AGIs $50k-75k, 85.7% for AGIs $75k-100k, 80.0% for AGIs $100k-200k, 100.0% for AGIs over 200k)

Averages for the 2004 tax year for zip code 55314, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $37,929 (Individual Income Tax Returns)

Here:	$37,929
State:	$53,560

Salary/wage: $30,985 (reported on 79.6% of returns)

Here:	$30,985
State:	$46,177

(% of AGI for various income ranges: 138.0% for AGIs below $10k, 62.7% for AGIs $10k-25k, 74.9% for AGIs $25k-50k, 75.2% for AGIs $50k-75k, 76.4% for AGIs $75k-100k, 23.7% for AGIs over 100k)

Taxable interest for individuals: $1,793 (reported on 53.6% of returns)

This zip code:	$1,793
Minnesota:	$1,796

(% of AGI for various income ranges: 7.2% for AGIs below $10k, 4.9% for AGIs $10k-25k, 1.5% for AGIs $25k-50k, 1.8% for AGIs $50k-75k, 1.0% for AGIs $75k-100k, 4.2% for AGIs over 100k)

Taxable dividends: $1,051 (reported on 29.3% of returns)

Here:	$1,051
State:	$3,096

(% of AGI for various income ranges: 2.7% for AGIs below $10k, 1.8% for AGIs $10k-25k, 0.4% for AGIs $25k-50k, 0.6% for AGIs $50k-75k, 1.1% for AGIs $75k-100k, 0.7% for AGIs over 100k)

Net capital gain/loss: +$2,854 (reported on 25.0% of returns)

Here:	+$2,854
State:	+$10,864

(% of AGI for various income ranges: -8.0% for AGIs below $10k, -0.5% for AGIs $10k-25k, 0.3% for AGIs $25k-50k, 1.7% for AGIs $50k-75k, 0.1% for AGIs $75k-100k, 7.9% for AGIs over 100k)

Profit/loss from business: +$6,489 (reported on 15.6% of returns)

Here:	+$6,489
State:	+$10,442

(% of AGI for various income ranges: 12.8% for AGIs below $10k, 3.7% for AGIs $10k-25k, 5.3% for AGIs $25k-50k, 2.2% for AGIs $50k-75k)

Profit/loss from farming: +$7,841 (reported on 14.6% of returns)

Here:	+$7,841
State:	-$962

(% of AGI for various income ranges: 1.6% for AGIs below $10k, 4.5% for AGIs $10k-25k, 1.5% for AGIs $25k-50k, 7.3% for AGIs $50k-75k)

IRA payment deduction: $2,188 (reported on 2.6% of returns)

55314:	$2,188
Minnesota:	$2,955

Total itemized deductions: $15,586 (24% of AGI, reported on 28.0% of returns)

Here:	$15,586
State:	$20,035

Here:	24.0% of AGI
State:	21.3% of AGI

(% of AGI for various income ranges: 14.7% for AGIs $10k-25k, 12.3% for AGIs $25k-50k, 11.4% for AGIs $50k-75k, 8.7% for AGIs $75k-100k, 11.5% for AGIs over 100k)

Charity contributions deductions: $2,104 (3% of AGI, reported on 23.8% of returns)

Here:	$2,104
State:	$3,333

Here:	3.2% of AGI
State:	3.4% of AGI

(% of AGI for various income ranges: 1.3% for AGIs $10k-25k, 1.0% for AGIs $25k-50k, 1.7% for AGIs $50k-75k, 1.5% for AGIs $75k-100k, 1.2% for AGIs over 100k)

Total tax: $4,963 (reported on 75.5% of returns)

55314:	$4,963
State:	$8,485

(% of AGI for various income ranges: 5.6% for AGIs below $10k, 4.8% for AGIs $10k-25k, 7.1% for AGIs $25k-50k, 8.5% for AGIs $50k-75k, 9.3% for AGIs $75k-100k, 19.6% for AGIs over 100k)

Earned income credit: $1,646 (reported on 13.1% of returns)

Here:	$1,646
State:	$1,523

Percentage of individuals using paid preparers for their 2004 taxes: 73.5%

Here:	74%
State:	59%

(% for various income ranges: 62.4% for AGIs below $10k, 73.9% for AGIs $10k-25k, 76.3% for AGIs $25k-50k, 71.6% for AGIs $50k-75k, 88.6% for AGIs $75k-100k, 91.7% for AGIs over 100k)

Nearest zip codes: 55385, 55342, 56228, 55350, 55312, 55335.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 20
Household did not receive Food Stamps/SNAP in the past 12 months: 415

Women who had a birth in the past 12 months: 3 (1 now married, 1 unmarried)
Women who did not have a birth in the past 12 months: 199 (102 now married, 97 unmarried)

Housing units in zip code 55314 with a mortgage: 166 (5 second mortgage, 4 both second mortgage and home equity loan)
Median monthly owner costs for units with a mortgage: $1,336
Median monthly owner costs for units without a mortgage: $611

Residents with income below the poverty level in 2022:
Residents with income below 50% of the poverty level in 2022:

• Zip code 55314 household income distribution in 2022

• 17Less than $10,000
• 11$10,000 to $14,999
• 19$15,000 to $19,999
• 23$20,000 to $24,999
• 12$25,000 to $29,999
• 21$30,000 to $34,999
• 3$35,000 to $39,999
• 19$40,000 to $44,999
• 15$45,000 to $49,999
• 44$50,000 to $59,999
• 42$60,000 to $74,999
• 71$75,000 to $99,999
• 46$100,000 to $124,999
• 29$125,000 to $149,999
• 30$150,000 to $199,999
• 28$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 55314

• 6Less than $10,000
• 4$15,000 to $19,999
• 2$20,000 to $24,999
• 2$25,000 to $29,999
• 1$30,000 to $34,999
• 4$35,000 to $39,999
• 15$50,000 to $59,999
• 18$60,000 to $69,999
• 19$70,000 to $79,999
• 7$80,000 to $89,999
• 7$90,000 to $99,999
• 26$100,000 to $124,999
• 12$125,000 to $149,999
• 43$150,000 to $174,999
• 11$175,000 to $199,999
• 31$200,000 to $249,999
• 19$250,000 to $299,999
• 50$300,000 to $399,999
• 26$400,000 to $499,999
• 11$500,000 to $749,999
• 3$750,000 to $999,999
• 1$1,500,000 to $1,999,999

• Rent paid by renters in 2022 in zip code 55314

• 4$250 to $299
• 12$350 to $399
• 14$400 to $449
• 3$450 to $499
• 5$500 to $549
• 1$550 to $599
• 5$600 to $649
• 2$650 to $699
• 2$700 to $749
• 4$900 to $999
• 1$1,000 to $1,249
• 1$2,000 to $2,499
• 17$2,500 to $2,999
• 12No cash rent

Median gross rent in 2022: $752.

Median price asked for vacant for-sale houses and condos in 2022: $191,866.

Estimated median house (or condo) value in 2022 for:

• White Non-Hispanic householders: $163,320
• Hispanic or Latino householders: $122,797

Estimated median house or condo value in 2022: $182,968 Lower value quartile - upper value quartile: $101,739 - $315,582

Mean price in 2022:

Detached houses: $351,969

Here:	$351,969
State:	$374,552

Mobile homes: $220,585

Here:	$220,585
State:	$94,605

Housing units in structures:

• One, detached: 466
• One, attached: 3
• Two: 3
• 5 to 9: 8
• 10 to 19: 7
• 20 to 49: 9
• Mobile homes: 34

Unemployment: 2.8%

• Means of transportation to work in zip code 55314

• 78.3%371Drove a car alone
• 3.6%17Carpooled
• 2.1%10Walked
• 0.2%1Other means
• 15.2%72Worked at home

• Travel time to work (commute) in zip code 55314

• 23Less than 5 minutes
• 455 to 9 minutes
• 4110 to 14 minutes
• 4915 to 19 minutes
• 4120 to 24 minutes
• 2225 to 29 minutes
• 5330 to 34 minutes
• 2235 to 39 minutes
• 3640 to 44 minutes
• 3145 to 59 minutes
• 2160 to 89 minutes
• 1090 or more minutes

Percentage of zip code residents living and working in this county: 47.3%

Household type by relationship:

Households: 1,077

• Male householders: 229 (60 living alone), Female householders: 207 (70 living alone)

• 255 spouses (255 opposite-sex spouses), 29 unmarried partners, (29 opposite-sex unmarried partners), 273 children (246 natural, 7 adopted, 19 stepchildren), 0 grandchildren, 9 brothers or sisters, 2 parents, 0 foster children, 0 other relatives, 6 non-relatives

• In group quarters: 73 (-1 institutionalized population)

Size of family households: 189 2-persons, 35 3-persons, 23 4-persons, 21 5-persons, 9 6-persons

Size of nonfamily households: 130 1-person, 26 2-persons, 1 3-persons

192 married couples with children.
37 single-parent households (34 men, 3 women).

95.3% of residents of 55314 zip code speak English at home.
4.6% of residents speak Spanish at home (98% very well, 2% not well).
0.2% of residents speak other Indo-European language at home (100% well).

Facilities with environmental interests located in this zip code:

• MINNESOTA ENERGY (777 W BORDEN AVE in BUFFALO LAKE, MN)

  AIR SYNTHETIC MINOR (AIRS/AFS)
  STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - AIRS-2712900036, AIR PROGRAM, PCS-MN0063151, NPDES NON-MAJOR, RCRAINFO-MNR000057364, SQG, AFS-2712900036, AIR SYNTHETIC MINOR, PCS-MNG960032, National Pollutant Discharge Elimination System Permit, RCRIS-MNR000057364, SQG
  CRITERIA AND HAZARDOUS AIR POLLUTANT INVENTORY (Inventory of air pollution sources)
  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
  TRI REPORTER (Tracking of toxic chemicals releasing facilities)
  Business SIC classification: INDUSTRIAL ORGANIC CHEMICALS
  Business NAICS classification: ETHYL ALCOHOL MANUFACTURING.
  

• MINNESOTA BEEF INDUSTRIES (53050 HIGHWAY 212 in BUFFALO LAKE, MN)

  AIR MINOR (AIRS/AFS)
  STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - PCS-MNG960030, National Pollutant Discharge Elimination System Permit
  Business SIC classification: MEAT PACKING PLANTS
  Alternative names: MINN BEEF INDUSTRIES

• MILLER THOMAS DDS (145 W YELLOWSTONE TR in BUFFALO LAKE, MN)

  STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MND985720853, CESQG, RCRIS-MND985720853,
  Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
  Business SIC classification: OFFICES AND CLINICS OF DENTISTS
  Business NAICS classification: OFFICES OF DENTISTS.
  Organizations: MILLER THOMAS M DDS (CONTACT/OWNER)
  Alternative names: MILLER THOMAS M DDS

• HILLSIDE CHEMICALS (85445 COUNTY ROAD 24 in BUFFALO LAKE, MN)

  ENFORCEMENT/COMPLIANCE ACTIVITY (Integrated Compliance Information System)
  COMPLIANCE ACTIVITY (Tracking inspections of insecticide, fungicide, and rodenticide, and toxic substances)
  Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste))
  Business NAICS classification: ALL OTHER MISCELLANEOUS CHEMICAL PRODUCT AND PREPARATION MANUFACTURING.
  Organizations: DUANE HOUERSTEN (CONTACT/OWNER)
  

• FARMERS COOP - BUFFALO LAKE (514 W YELLOWSTONE TRL in BUFFALO LAKE, MN)

  AIR MINOR (AIRS/AFS)
  COMPLIANCE ACTIVITY (Tracking inspections of insecticide, fungicide, and rodenticide, and toxic substances)
  Business SIC classification: GRAIN AND FIELD BEANS
  Alternative names: BUFFALO LAKE FARM CO, FARMERS CO-OP ELEVATOR & MILL BUFFALO LAKE BRANCH, FARMERS COOP ELEVATOR

• FARMERS COOPERATIVE ELEVATOR (514 W YELLOWSTONE TRAIL in BUFFALO LAKEMN, MN)

  COMPLIANCE ACTIVITY (Tracking inspections of insecticide, fungicide, and rodenticide, and toxic substances)
  

Housing units lacking complete plumbing facilities: 1.2%
Housing units lacking complete kitchen facilities: 2.9%

Population in 1990: 1,431.

Place of birth for U.S.-born residents:

• This state: 875
• Northeast: 3
• Midwest: 95
• South: 17
• West: 48

70% of the 55314 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 38% lived in this county.
   Out of people who lived in different counties, 50% lived in Minnesota.

94% of the 55314 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 6% moved from this county.
   Out of people who lived in different houses, 82% moved from different county within same state.
   Out of people who lived in different houses, 18% moved from different state.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school):
Students in private schools in grades 9 to 12 (high school): Students in private undergraduate colleges:

Top industries in this zip code by the number of employees in 2005:

• Health Care and Social Assistance: Continuing Care Retirement Communities (100-249 employees: 1 establishment)
• Health Care and Social Assistance: Services for the Elderly and Persons with Disabilities (50-99: 1, 10-19: 1)
• Health Care and Social Assistance: Nursing Care Facilities (50-99: 1)
• Wholesale Trade: Farm Supplies Merchant Wholesalers (20-49: 1, 1-4: 1)
• Information: Software Publishers (20-49: 1)
• Construction: Other Building Equipment Contractors (10-19: 1)
• Finance and Insurance: Commercial Banking (10-19: 1)

Most common first names in zip code 55314 among deceased individuals
Name	Count	Lived (average)
William	14	80.2 years
John	13	80.7 years
Henry	9	80.9 years
George	9	77.7 years
Edward	9	81.6 years
Herman	8	78.7 years
Albert	8	85.2 years
Ruth	8	80.7 years
Emma	8	88.1 years
Elmer	7	82.3 years

Most common last names in zip code 55314 among deceased individuals
Last name	Count	Lived (average)
Fischer	13	82.6 years
Mueller	10	82.4 years
Johnson	9	83.8 years
Schultz	8	82.1 years
Schmalz	7	84.9 years
Rath	7	80.1 years
Burgstahler	7	81.8 years
Henschke	7	79.4 years
Moritz	7	79.3 years
Ahlbrecht	6	75.9 years