Median Income
$54,167
household / year
Median Home Value
$184,900
owner-occupied
Median Rent
$860
gross / month
Cost of Living
91
national avg = 100

Is Buchanan, VA a Good Place to Live?

Buchanan is a small town of 1,108 in Virginia, with a median household income of $54,167 and a 8.1% unemployment rate. Its cost of living index is 91 (US average = 100), which is 9% below the national average.

Strengths: Buchanan stands out for an affordable cost of living, below-average home prices, solid school ratings (B+).

Trade-offs: Potential downsides include an elevated unemployment rate. 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: 90.9

Buchanan's overall cost of living index is 90.9, where 100 represents the US national average. Living in Buchanan costs roughly 9% less than the average American city.

Metric Buchanan, VA National Avg
Median Home Value $184,900 $244,900
Median Monthly Rent $860 $1,163
Homeownership Rate 76.7% 65.9%
Median Household Income $54,167 $74,755

Crime & Safety

Very Safe

Buchanan's violent crime rate is 119.7 per 100,000 residents — 68% lower than the national average of ~380 per 100,000.

Violent Crime
119.7 /100k
Property Crime
613.4 /100k

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

Schools & Education

Buchanan is served primarily by Botetourt County Public Schools. The student-to-teacher ratio is 13.1:1 (better than the national average of ~16:1).

Metric Buchanan, VA National Avg
School District Botetourt County Public Schools
Elementary Schools 7
Middle Schools 2
High Schools 2
Student/Teacher Ratio 13.1:1 16:1
Bachelor's Degree or Higher 27.3% 35.4%
High School Diploma or Higher 91.4% 91.1%

Weather & Climate

Buchanan sees average highs of 44.1°F in January and 86.5°F in July, with 43.6 inches of annual precipitation and 11.4 inches of snow per year.

MetricBuchanan, VA
Average High — January44.1°F
Average High — July86.5°F
Annual Precipitation43.6"
Annual Snowfall11.4"

Demographics

MetricBuchanan, VANational Avg
Population1,108
Median Age47.738.9
Unemployment Rate8.1%3.7%
Avg Commute Time26.0 min26 min
White (non-Hispanic)92.5%59.3%
Black or African American4.3%13.6%
Hispanic or Latino0.0%18.9%
Asian0.5%6.3%
Under 1817.1%22.2%
65 and over20.7%16.8%

Nearby Cities

ZIP Codes in Buchanan

Buchanan, VA is covered by 1 ZIP code:

Buchanan vs Other Cities

Frequently Asked Questions

Buchanan's cost of living index is 91, where 100 is the national average. That makes Buchanan roughly 9% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $184,900 and median rent is $860/month.
Buchanan's violent crime rate is 119.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 613.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Buchanan are operated by Botetourt County Public Schools. The district has 7 elementary, 2 middle, and 2 high schools. The student-to-teacher ratio is 13.1:1. 27.3% of adults 25+ hold a bachelor's degree or higher.
Buchanan, VA has a population of 1,108, a median household income of $54,167, and an unemployment rate of 8.1%. 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 44.1°F in January and 86.5°F in July. Annual rainfall is 43.6 inches with about 11.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Buchanan, VA is covered by 1 ZIP code: 24066.
The population of Buchanan, Virginia is 1,108 with a median age of 47.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Buchanan: cost of living index 91 (100 = US average), median home $184,900, median household income $54,167, crime index 31 (100 = US average, lower is safer), schools rated B+. 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.