Median Income
$53,328
household / year
Median Home Value
$138,500
owner-occupied
Median Rent
$827
gross / month
Cost of Living
93
national avg = 100

Is Buchanan, MI a Good Place to Live?

Buchanan is a small town of 4,276 in Michigan, with a median household income of $53,328 and a 1.2% unemployment rate. Its cost of living index is 93 (US average = 100), which is 7% below the national average.

Strengths: Buchanan stands out for an affordable cost of living, below-average home prices, lower-than-average crime, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Buchanan is right for you depends on your priorities — the full breakdown is below.

All Buchanan city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 93.0

Buchanan's overall cost of living index is 93.0, where 100 represents the US national average. Living in Buchanan costs roughly 7% less than the average American city.

Metric Buchanan, MI National Avg
Median Home Value $138,500 $244,900
Median Monthly Rent $827 $1,163
Homeownership Rate 56.6% 65.9%
Median Household Income $53,328 $74,755

Crime & Safety

Safer than Average

Buchanan's violent crime rate is 240.6 per 100,000 residents — 37% lower than the national average of ~380 per 100,000.

Violent Crime
240.6 /100k
Property Crime
1660.3 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Buchanan is served primarily by Buchanan Community Schools. The student-to-teacher ratio is 17.9:1 (slightly above the national average of ~16:1).

Metric Buchanan, MI National Avg
School District Buchanan Community Schools
Elementary Schools 2
Middle Schools 1
High Schools 1
Student/Teacher Ratio 17.9:1 16:1
Bachelor's Degree or Higher 20.9% 35.4%
High School Diploma or Higher 93.1% 91.1%

Weather & Climate

Buchanan sees average highs of 32.9°F in January and 83.3°F in July, with 41.5 inches of annual precipitation and 62.5 inches of snow per year.

MetricBuchanan, MI
Average High — January32.9°F
Average High — July83.3°F
Annual Precipitation41.5"
Annual Snowfall62.5"

Demographics

MetricBuchanan, MINational Avg
Population4,276
Median Age39.838.9
Unemployment Rate1.2%3.7%
Avg Commute Time19.3 min26 min
White (non-Hispanic)83.0%59.3%
Black or African American5.9%13.6%
Hispanic or Latino2.8%18.9%
Asian0.6%6.3%
Under 1820.0%22.2%
65 and over19.7%16.8%

Nearby Cities

ZIP Codes in Buchanan

Buchanan, MI is covered by 1 ZIP code:

Buchanan vs Other Cities

Frequently Asked Questions

Buchanan's cost of living index is 93, where 100 is the national average. That makes Buchanan roughly 7% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $138,500 and median rent is $827/month.
Buchanan's violent crime rate is 240.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1660.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Buchanan are operated by Buchanan Community Schools. The district has 2 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 17.9:1. 20.9% of adults 25+ hold a bachelor's degree or higher.
Buchanan, MI has a population of 4,276, a median household income of $53,328, and an unemployment rate of 1.2%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Buchanan averages 32.9°F in January and 83.3°F in July. Annual rainfall is 41.5 inches with about 62.5 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Buchanan, MI is covered by 1 ZIP code: 49107.
The population of Buchanan, Michigan is 4,276 with a median age of 39.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Buchanan: cost of living index 93 (100 = US average), median home $138,500, median household income $53,328, crime index 70 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Buchanan side by side with your current city to see the trade-offs.