Buchanan, VA
Full City Profile · Virginia · Botetourt County County
3.1
/5.0
B
Good
1,271
Population
586/sq mi density
$52,474
Median Income
$29,588 per capita
$201,900
Home Value
$208,353 Zillow
$929
Median Rent
26.7% income on rent
57°F
Avg Temperature
305 sunny days/yr
204
Violent Crime/100K
6,001 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$52,474 median income, 3.5% unemployment
A+
Affordability
4.5 / 5.0
$201,900 home value, $929/mo rent
F
Safety
1.0 / 5.0
204 violent crimes/100K
B+
Education
3.5 / 5.0
31.7% bachelor's degree or higher
Income Overview
Median Household Income
$52,474
30% below
US avg: $75,149
Per Capita Income
$29,588
24% below
US avg: $39,052
Unemployment Rate
3.5%
3% below
US avg: 3.6%
Poverty Rate
14.3%
15% above
US avg: 12.4%
Income Comparison: Buchanan vs. U.S. Average
Each bar shows Buchanan’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$52,474
70%
Per Capita
US: $39,052
$29,588
76%
IRS Avg AGI
US: $72,000
$84,483
117%
Avg Weekly Wage
US: $1,432
$1,122
78%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,122
22% below US avg ($1,432)
Mean Commute Time
33 min
20% above US avg (28 min)
Work From Home
4.9%
68% below US avg (15.2%)
Drive Alone
82.1%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,882M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
82.1%
Public Transit
0%
Work From Home
4.9%
Other
13%
Average commute time
33 minutes
US avg: 28 min
Business Landscape
Total Establishments
982
Restaurants
55
Healthcare
70
Retail
79
Manufacturing
28
Tax & Financial
IRS Avg Adjusted Gross Income
$84,483
17% above US avg ($72,000)
Avg Property Tax
$3,328
5% below US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $52,474 |
| Per Capita Income | $29,588 |
| IRS Avg Adjusted Gross Income | $84,483 |
| Avg Weekly Wage | $1,122 |
| County GDP | $1,882M |
Hardship Indicators
| Unemployment Rate | 3.5% |
| Poverty Rate | 14.3% |
| Gini Coefficient | 0.430 |
| Cost of Living Index | 101.1 |
Commute
| Mean Commute | 33 minutes |
| Drive Alone | 82.1% |
| Public Transit | 0.0% |
| Work From Home | 4.9% |
Businesses
| Total Establishments | 982 |
| Restaurants | 55 |
| Healthcare | 70 |
| Retail | 79 |
| Manufacturing | 28 |
Tax
| IRS Avg AGI | $84,483 |
| Avg Property Tax | $3,328 |
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