Buffalo, IA is a small city located in Butler County with a population of 52728. The average rental price for a two bedroom apartment in Buffalo is $800, which is around 43% less than the national average for the same type of accommodation. Cost of living in this city is also low; The Grocery Cost Index here is 94 compared to 100 in the US. There are some small local businesses that bring life and economic activity to Buffalo such as Red Line Motors, Gustafson Construction, and Heartland Corner Grocery Store.
Buffalo (zip 52728) has an unemployment rate of 5.4%. The US average is 6.0%.
Buffalo (zip 52728) has seen the job market decrease by -7.8% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Buffalo (zip 52728)
- The Sales Tax Rate for Buffalo (zip 52728) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Buffalo (zip 52728) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Buffalo (zip 52728)
- The average income of a Buffalo (zip 52728) resident is $33,168 a year. The US average is $37,638 a year.
- The Median household income of a Buffalo (zip 52728) resident is $69,342 a year. The US average is $69,021 a year.