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%
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
58.8yrs
Median Age
51% above US avg
Language Spoken at Home
| English Only | 100.0% |
| 27% above US avg |
| Spanish | 0.0% |
| 100% below US avg |
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
| Median HH Income | $48,000 |
| 36% below US avg |
| Per Capita Income | $35,000 |
Employment & Poverty
| Unemployment | 28.3% |
| 686% above US avg |
| Poverty Rate | 23.2% |
| 87% above US avg |
Commute & Transportation
| Commute Time | 15.3 min |
| Drive Alone | 55.6% |
| Public Transit | 0.0% |
| Work from Home | 5.6% |
The median home value in Buchans is $50,000, 82% below the national average. Monthly rent averages $755 (35% below US avg).
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 Burden | 14.9% |
Ownership & Property
| Owner-Occupied | 87.9% |
| Renter-Occupied | 13.6% |
| Housing Units | 330 |
Property Tax