Buchans, NL

Newfoundland and Labrador

Buchans is a small town in Newfoundland and Labrador with a population of 590. Residents earn $48,000 per year, which is 36% below the national average.

2.7 /5.0
C+ Fair
590 Population 331/sq mi density
$48,000 Median Income $35,000 per capita
$50,000 Home Value
$755 Median Rent 14.9% income on rent
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.9 / 5.0
$48,000 median income, 28.3% unemployment
A+
Affordability
5.0 / 5.0
$50,000 home value, $755/mo rent
F
Education
1.3 / 5.0
3.5% bachelor's degree or higher
Median Income $48,000
36% lower than US avg
Home Value $50,000
82% lower than US avg
Bachelor's+ 3.5%
90% lower than US avg
Median Rent $755
35% lower than US avg
Unemployment 28.3%
686% higher than US avg
Poverty Rate 23.2%
87% higher than US avg

How Buchans Compares to the U.S. Average (100% = U.S. avg)

People

Population590
Median Age58.8 yrs
Density331/mi²
Male / Female47% / 53%
Largest GroupWhite 99%

Economy

D
Median Income$48,000
Per Capita$35,000
Unemployment28.3%
Poverty23.2%
Commute15 min

Housing

A+
Home Value$50,000
Rent$755
OwnershipN/A
Housing Units330
Rent Burden14.9%

Climate

Avg TempN/A
Elevation899 ft (274 m)

Education

F
Bachelor's+3.5%
High School+37.9%
Graduate+1.7%

Community

Commute15 min

Is Buchans a Good Place to Live?

Based on current data, Buchans receives an overall livability score of 2.7 out of 5.0, earning a grade of C+. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, an elevated poverty rate, below-average incomes. Buchans has some notable strengths but also faces challenges that prospective residents should consider.

Economy & Jobs

The median household income in Buchans is $48,000, 36% below the national average of $75,149. At 28.3%, unemployment is notably high. The poverty rate of 23.2% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 15 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Buchans is $50,000, 82% below the national median — offering relatively affordable homeownership. Renters pay a median of $755 per month, below the national average — a plus for affordability. At just 1x median income, home prices are very affordable relative to local earnings.

Education

3.5% of residents hold a bachelor's degree, below the national average of 33.7%. 37.9% have completed high school.

Buchans has a population of 590 with a density of 331 people per square mile. The median age is 58.8 years, 51% older than the national median of 38.9. The city is predominantly White (99.2%).

Population

590
Total Population
2021 Census
331
People / sq mi
58.8yrs
Median Age
51% above US avg
1.8mi²
Land Area

Gender Distribution

Male 46.6%
Female 53.4%

Race & Ethnicity

Buchans vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Buchans vs U.S. Average

The median household income in Buchans is $48,000, which is 36% below the national average of $75,149. The unemployment rate is 28.3% (above the 3.6% US average). 23.2% of residents live below the poverty line. Workers commute an average of 15 minutes.

Income: Buchans vs U.S.

Commute Mode

Income

Median HH Income$48,000
36% below US avg
Per Capita Income$35,000

Employment & Poverty

Unemployment28.3%
686% above US avg
Poverty Rate23.2%
87% above US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time15.3 min
Drive Alone55.6%
Public Transit0.0%
Work from Home5.6%

Walkability

The median home value in Buchans is $50,000, 82% below the national average. Monthly rent averages $755 (35% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$50,000
82% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$755
35% below US avg
Rent Burden14.9%

Ownership & Property

Owner-Occupied87.9%
Renter-Occupied13.6%
Housing Units330

Property Tax

3.5% of residents hold a bachelor's degree or higher (90% below US avg).

Education

Bachelor's Degree+3.5%
90% below US avg
High School+37.9%
Graduate Degree+1.7%
F Education Grade (1.3/5.0)

Urban-Rural Classification

Population Density331/sq mi
Total Area1.8 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute15.3 min
Drive Alone55.6%
Public Transit0.0%
Work from Home5.6%

Nearby Cities

Compare Buchans with another city: