Michigan · Census place 11400
Buchanan city, MI
Quick answer
Buchanan city has 4,259 residents, ranking #200 of 745 places in Michigan. Median household income is $54,068, the median home is worth $138,400 and median gross rent runs $952 a month.
- Population
- 4,259Buchanan city residents
- Median household income
- $54,068Past 12 months, inflation adjusted
- Median home value
- $138,400Owner-occupied units
- Median gross rent
- $952Rent plus utilities, monthly
- Median age
- 32.9 yrsAll residents
- Homeownership rate
- 56%Owner-occupied households
What the numbers mean in Buchanan city
Housing cost measured against local earnings.
A household earning the Buchanan city median would spend about 21.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.7% of residents and 56% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Gaylord city 4,307
- Caro city 4,284
- Sparta village 4,260
- Algonac city 4,152
- Linden city 4,150
- Roosevelt Park city 4,148
- Lowell city 4,133
Keep going
More Michigan coverage.