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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

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