Buchanan town, Virginia Demographics & Population 2026

Population Overview

Buchanan town is a small community located in Virginia. The total population is 1,271. It ranks as the 348th most populous out of 681 cities and towns in Virginia.

Age Demographics

The median age in Buchanan town is 43.7 years. This is 13% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Buchanan town is $52,474. This is 42% lower than the state median of $90,974. Compared to the national median of $78,538, household income here is 33% lower. The poverty rate stands at 17.9%. This is 81% higher than the state poverty rate of 9.9%. The unemployment rate is 6.3%. This is 46% higher than the state rate of 4.3%. The median home value is $201,900. Housing costs are 44% lower than the state median of $360,700. The home-value-to-income ratio is 3.8x. 76.7% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 67.2%.

Race & Ethnicity

Buchanan town has a predominantly White (non-Hispanic) population, comprising 93.5% of all residents. Black or African American residents account for 3.9%. The White (non-Hispanic) population is significantly higher than the state average (93.5% vs 59.0%). The Black or African American population (3.9%) is well below the state average of 18.4%. The Hispanic or Latino population (0.3%) is well below the state average of 10.7%. The Asian population (0.3%) is well below the state average of 6.8%.

Education

31.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 23% lower than the state rate of 41.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.2%. Notably, 16.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Buchanan town, Virginia 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 Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. For official data, visit data.census.gov.