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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 Rate3.5%
Poverty Rate14.3%
Gini Coefficient0.430
Cost of Living Index101.1

Commute

Mean Commute33 minutes
Drive Alone82.1%
Public Transit0.0%
Work From Home4.9%

Businesses

Total Establishments982
Restaurants55
Healthcare70
Retail79
Manufacturing28

Tax

IRS Avg AGI$84,483
Avg Property Tax$3,328