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Buchanan village, New York Demographics & Population 2026

As of 2026, Buchanan village, New York has a total population of 2,296, the 577th largest city in New York, with a median household income of $127,375, which is 51% higher than the state average. The poverty rate is 3.8%.

Key Takeaways

Buchanan village Quick Facts

Population 2,296
Median Household Income $127,375
Median Home Value $492,000
Poverty Rate 3.8%
Unemployment Rate 0.9%
Median Age 40.9 years
Homeownership Rate 87.5%
Affordability Ratio 3.9x
Bachelor's Degree or Higher 45.8%
High School Graduation Rate 95.4%
Diversity Index 60/100
Population 2,296 577th of 1,287
Median Income $127,375 top 30%
Poverty Rate 3.8% 70% lower national
Median Home Value $492,000 top 30%

How Buchanan village Compares

Economy & Housing

Employment

0.9% Unemployment Rate State: 6.2% | National: 5.2%
67.2% Labor Force Participation

Housing Overview

Owner 87.5%
Renter 12.5%
Affordability Index Affordable
3.9x home value to income ratio

People & Demographics

Diversity Index

60out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 65 | National average: 60

Education

Buchanan village Rankings in New York

#577 Population of 1,287
#286 Median Income of 1,287
#392 Education of 1,287
#319 Home Value of 1,287

Cities Similar to Buchanan village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Marist College CDP2,300N/AN/A0.0%N/A
Shelter Island CDP2,281$129,410$1,019,00055.0%1.2%
Eastport CDP2,259$129,034$632,20039.0%5.4%
Siena College CDP2,349N/AN/A68.8%16.7%
Tioga Terrace CDP2,206$126,250$209,70049.9%0.5%

Population Overview

Buchanan village is a small community located in New York. The total population is 2,296. It ranks as the 577th most populous out of 1,287 cities and towns in New York.

Age Demographics

The median age in Buchanan village is 40.9 years. This is 3% higher than the state median of 39.6 years. 10.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Buchanan village is $127,375. This is 51% higher than the state median of $84,578. Compared to the national median of $78,538, household income here is 62% higher. The poverty rate stands at 3.8%. This is 73% lower than the state poverty rate of 13.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.9%. This is 85% lower than the state rate of 6.2%. The median home value is $492,000. Housing costs are 22% higher than the state median of $403,000. The home-value-to-income ratio is 3.9x. 87.5% of occupied housing units are owner-occupied. This homeownership rate is 61% higher than the state average of 54.3%.

Race & Ethnicity

The largest racial or ethnic group in Buchanan village is White (non-Hispanic), making up 57.9% of the population. Hispanic or Latino residents account for 21.8%.

Education

45.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 16% higher than the state rate of 39.6%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.4%. Notably, 17.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Buchanan village, New York is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,287 Census-designated places in New York. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Buchanan village, New York?

Buchanan village, New York has a population of 2,296 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Buchanan village, NY?

The median household income in Buchanan village is $127,375, which is 62% higher the national median of $78,538.

What is the poverty rate in Buchanan village, NY?

The poverty rate in Buchanan village is 3.8%. This means approximately 86 residents live below the federal poverty line.

What is the racial makeup of Buchanan village, New York?

Buchanan village's population is 57.9% White, 7.5% Black, 21.8% Hispanic/Latino, and 5.8% Asian.

What is the median home value in Buchanan village, NY?

The median home value in Buchanan village is $492,000. The home-value-to-income ratio is 3.9x.

How educated is Buchanan village, New York?

45.8% of adults (25+) in Buchanan village hold a bachelor's degree or higher, and 17.9% hold a graduate or professional degree.