Buffalo Gap, TX
Population 508 · Texas
About Buffalo Gap, TX
Buffalo Gap is a small community located in Texas with a population of 508 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,750 per year, which is 15% below the national median of $75,149. The median age of 43.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Buffalo Gap features a median home value of $178,100, which is 27% below the national median of $244,900. This positions Buffalo Gap in a moderately priced market relative to the rest of the country. Median monthly rent is $1,055, 9% below the national average of $1,163/month. Of the 267 total housing units, 71% are owner-occupied (154 units) and 29% are renter-occupied (64 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Buffalo Gap shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Buffalo Gap have an average one-way commute time of 22.9 minutes.
Education & Demographics
28.6% of Buffalo Gap residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 7.7% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.4% of the population being foreign-born.
Cost of Living in Buffalo Gap, TX
Compared to national averages, Buffalo Gap has a median household income of $63,750 (15% below the national median of $75,149). Home values average $178,100, which is 27% below the national median. Monthly rent at $1,055 is 9% below the US average of $1,163. Within Texas, Buffalo Gap's income is 12% below the state average of $72,726, and home values are 16% below the state median of $211,769.
Why Live in Buffalo Gap, TX?
Buffalo Gap offers affordable housing with a median home value of $178,100, below the US average of $244,900, and rent that’s lower than the national average at $1,055/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 10.8%, better than the national average, and short commute times averaging just 22.9 minutes.
Potential considerations include median household income ($63,750) that falls below the national average. However, Buffalo Gap’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Buffalo Gap has a population of 508 with a median age of 43.6 years. Compare Buffalo Gap with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Buffalo Gap
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oakwood | 510 | $65,714 | $102,000 | Compare |
| Balmorhea | 505 | $29,375 | $56,700 | Compare |
| Bear Creek | 503 | $125,250 | $728,400 | Compare |
| Placedo | 503 | $28,000 | $46,200 | Compare |
| Pueblo Nuevo | 503 | $38,800 | $146,400 | Compare |
| Ropesville | 513 | $65,938 | $73,900 | Compare |
| Star Harbor | 503 | $95,536 | $310,700 | Compare |
| Buchanan Lake Village | 502 | $43,974 | $179,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Buffalo Gap With Other Cities
Frequently Asked Questions about Buffalo Gap
What is the population of Buffalo Gap, TX?
The population of Buffalo Gap, TX is 508 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Texas.
What is the median household income in Buffalo Gap?
The median household income in Buffalo Gap, TX is $63,750 per year, which is 15% below the national median of $75,149.
What is the median home value in Buffalo Gap?
The median home value in Buffalo Gap, TX is $178,100, which is 27% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Buffalo Gap?
The median monthly rent in Buffalo Gap, TX is $1,055, which is 9% below the national average of $1,163/month.
What is the unemployment rate in Buffalo Gap?
The unemployment rate in Buffalo Gap, TX is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Buffalo Gap, TX a good place to live?
Buffalo Gap offers a moderate cost of living, affordable housing, and a strong job market. With a population of 508 and a median age of 43.6, the city appeals to a broad range of residents.
How educated is Buffalo Gap, TX?
28.6% of residents in Buffalo Gap aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Buffalo Gap?
Key cost-of-living indicators for Buffalo Gap, TX: median home value is $178,100 (27% below national), median rent is $1,055/month, and median household income is $63,750. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Buffalo Gap?
The poverty rate in Buffalo Gap, TX is 10.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Buffalo Gap, TX?
Buffalo Gap's population is 7.7% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 2.6% two or more races. 0.4% of residents are foreign-born.