Buchanan

Population: 1,271
Median household income: $52,474
Median home value: $201,900

Buchanan is a community in Botetourt County, Virginia, home to 1,271 residents. Its median household income of $52,474 runs below the Botetourt County figure of $80,467.

Between 2019 and 2023, Buchanan's population declined 7.2% from 1,369 to 1,271, while its median home value rose 61.3% from $125,200 to $201,900.

86.9% of homes are single-family detached houses. The typical home was built around 1972.

Demographics

ACS 2019–2023

Population: 1,271
Median age: 43.7 yrs
Median household income: $52,474
Median home value: $201,900
Median gross rent: $929
Housing units: 613
Homeownership rate: 76.7%
Bachelor's degree or higher: 31.7%
Unemployment rate: 6.3%

Trends

ACS 5-year · 2019–2023

Population

1,3691,271

Median household income

$57,716$52,474

Median home value

$125,200$201,900

Median gross rent

$784$929

Year	Population	Median household income	Median home value	Median gross rent
2019	1,369	$57,716	$125,200	$784
2020	1,172	$50,278	$119,200	$747
2021	1,147	$49,479	$140,900	$856
2022	1,108	$54,167	$184,900	$860
2023	1,271	$52,474	$201,900	$929

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.3%

5 to 1715.5%

18 to 2412.5%

25 to 349.5%

35 to 449.5%

45 to 5413.1%

55 to 6417.5%

65 to 749.2%

75 and over8.8%

	Count	Share
Under 5	55	4.3%
5 to 17	197	15.5%
18 to 24	159	12.5%
25 to 34	121	9.5%
35 to 44	121	9.5%
45 to 54	166	13.1%
55 to 64	223	17.5%
65 to 74	117	9.2%
75 and over	112	8.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,188	93.5%
Black or African American	49	3.9%
American Indian & Alaska Native	0	0.0%
Asian	4	0.3%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	26	2.0%
Hispanic or Latino (any race)	4	0.3%

Educational attainment (age 25+)

No high school diploma7.8%

High school graduate35.7%

Some college or associate's24.8%

Bachelor's degree14.9%

Graduate or professional degree16.9%

	Count	Share
No high school diploma	67	7.8%
High school graduate	307	35.7%
Some college or associate's	213	24.8%
Bachelor's degree	128	14.9%
Graduate or professional degree	145	16.9%

Commute to work

Mean travel time to work: 33 min

Drove alone82.1%

Carpooled9.3%

Public transit0.0%

Walked3.7%

Bicycle0.0%

Worked from home4.9%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	449	82.1%
Carpooled	51	9.3%
Public transit	0	0.0%
Walked	20	3.7%
Bicycle	0	0.0%
Worked from home	27	4.9%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	87	16.7%
15 to 29 min	198	38.1%
30 to 44 min	184	35.4%
45 to 59 min	9	1.7%
60+ min	42	8.1%

Households

Average household size: 2.53
Poverty rate: 17.9% (228 of 1,271)

	Count	Share
Family households	307	61.0%
Nonfamily households	196	39.0%

Housing

Median year structure built: 1972

Occupancy

	Count	Share
Occupied	503	82.1%
Vacant	110	17.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	386	76.7%
Renter-occupied	117	23.3%

1-unit, detached86.9%

1-unit, attached0.0%

2 to 4 units3.8%

5 to 19 units1.5%

20 or more units0.0%

Mobile home & other7.8%

Units in structure

	Count	Share
1-unit, detached	533	86.9%
1-unit, attached	0	0.0%
2 to 4 units	23	3.8%
5 to 19 units	9	1.5%
20 or more units	0	0.0%
Mobile home & other	48	7.8%

Geography

Place GEOID: 5110744
Type (LSAD): 43
Land area: 2.17 sq mi
Water area: 0.05 sq mi
Center point: 37.5209, -79.6911