Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.4 yrs |
|---|---|
| Avg HH Size | 2.43 |
| Below Poverty | 9.4% ≈ Avg |
| College Grads | 27.3% ▼ 30% below avg |
| Unemployment | 2.8% ▼ 43% below avg |
| No HS Diploma | 24 (0.7%) |
| HS Graduate | 1,684 (46.4%) |
| Some College | 377 (10.4%) |
| Associates | 556 (15.3%) |
| Bachelors | 277 (7.6%) |
| Graduate Degree | 712 (19.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,536 ▼ 18% below avg |
|---|---|
| Median Home Value | $200,100 ▼ 28% below avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $947/mo |
| Total Housing Units | 2,644 |
| Vacant Units | 495 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Buchanan is a city in Virginia, located in Botetourt County. The city spans 1 ZIP code and is home to approximately 5,234 residents. It is a mature city, with a median age of 50.4 years.
Economically, Buchanan is a solidly middle-class community. The median household income of $62,536 is below the national average. Approximately 9.4% of residents live below the poverty line. The unemployment rate is 2.8%, below the national average.
The real estate market in Buchanan is an affordable housing market. Median home values stand at $200,100, which is below the national average. Renters typically pay around $947 per month. Homeownership is high at 84.4%, typical of suburban and family-oriented communities.
The population of Buchanan is moderately educated. 27.3% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (92.57%).
Buchanan, VA offers residents a cost-conscious lifestyle within Virginia.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 24066 | 5,234 | $62,536 | $200,100 | $947 | 2.8% | 27.3% | 84.4% |