Virginia · Census place 10744
Buchanan town, VA
Quick answer
Buchanan town has 1,271 residents, ranking #348 of 688 places in Virginia. Median household income is $52,474, the median home is worth $201,900 and median gross rent runs $929 a month.
- Population
- 1,271Buchanan town residents
- Median household income
- $52,474Past 12 months, inflation adjusted
- Median home value
- $201,900Owner-occupied units
- Median gross rent
- $929Rent plus utilities, monthly
- Median age
- 43.7 yrsAll residents
- Homeownership rate
- 76.7%Owner-occupied households
What the numbers mean in Buchanan town
Housing cost measured against local earnings.
A household earning the Buchanan town median would spend about 21.2% 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 3.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.9% of residents and 76.7% 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 Virginia.
- Rustburg CDP 1,276
- Brookneal town 1,275
- Gretna town 1,275
- Glasgow town 1,253
- Penhook CDP 1,253
- Harriston CDP 1,252
- Bracey CDP 1,243
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