Last updated: 2024 BLS data · Page refreshed:
Buchanan has a population of 1,306 with a median age of 38.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,306 |
| Median Age | 38.3 |
| White | 91.1% |
| Black or African American | 5.5% |
| Hispanic or Latino | 0.4% |
| Other / Two or More Races | 3.0% |
The median household income in Buchanan is $52,500, which is 34.9% below the national median of $80,610. The per capita income is $23,751. The poverty rate is 17.1%.
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In Buchanan, 73.2% of residents age 25+ have a high school diploma or higher, and 6.5% hold a bachelor's degree or higher (0.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 73.2% |
| Bachelor's Degree or Higher | 6.5% |
| Graduate or Professional Degree | 0.7% |
The median home value in Buchanan is $169,400, below the national median of $303,400. The median monthly rent is $986. The homeownership rate is 48.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $169,400 |
| Median Monthly Rent | $986 |
| Homeownership Rate | 48.3% |
| Vacancy Rate | 6.7% |
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