Living in Buchanan, New York
Cost of living, income, home prices, rent and demographics of Buchanan · Census data 2020–2024
Buchanan has 2,397 residents with a median age of 38.5. The median household income is $128,218 (49% higher than the New York median), the median home value is $525,500, the median rent is $1,953/month.
Buchanan at a glance
- Population
- 2,397
- Median age
- 38.5State: 39.8
- Median household income
- $128,218State: $85,974
- Median home value
- $525,500State: $423,800
- Median rent
- $1,953/moState: $1,621
- Homeowners
- 87%
- Bachelor's degree or higher
- 48.1%
- Average commute
- 33 min
Is Buchanan a good place to live?
Pros: Median household income 49% higher than the New York median; unemployment of 1.1%; a poverty rate of 5.7%.
Cons: Home values 24% higher than the state median; an average commute of 33 minutes.
The weather is best in May–June and August–September.
Cost of living in Buchanan
Housing is the biggest part of the cost of living. In Buchanan the median home value is $525,500, 58% higher than the U.S. median. Renters pay a median of $1,953 per month, which is 27.9% of household income. Homeowners with a mortgage pay $3,220 a month in housing costs.
Buchanan median household income
The median household income in Buchanan is $128,218 and the income per person is $66,233. 5.7% of residents live below the poverty line (New York: 14%).
Housing in Buchanan: homes for sale and rent
- Housing units
- 859
- Owner-occupied
- 87%
- Renter-occupied
- 13%
- Vacant
- 3.3%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 2.85
Buchanan demographics
- Population
- 2,397
- Median age
- 38.5
- Under 18
- 23%
- 65 and older
- 18.2%
- Households
- 831
- Foreign-born
- 8.2%
- Veterans
- 1.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Buchanan ›
Education in Buchanan
48.1% of adults 25 and older in Buchanan have a bachelor's degree or higher (New York: 40.2%), and 15.9% have a graduate or professional degree.
Jobs and commute in Buchanan
- Unemployment rate
- 1.1%State: 6.4%
- Average commute
- 33 minState: 33 min
- Work from home
- 14.2%
- Drive alone
- 76.8%
- Public transit
- 2.6%
- Walk to work
- 0%
- Homes with broadband
- 93%
Buchanan vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Buchanan | 2,397 | $128,218 | $525,500 | $1,953 |
| Verplanck | 650 | $98,091 | $447,700 | $1,850 |
| Montrose | 3,717 | $145,320 | $422,700 | $2,244 |
| Peekskill | 25,625 | $85,954 | $395,600 | $2,036 |
| Crugers | 1,634 | $54,962 | $639,600 | $1,621 |
| Stony Point | 12,728 | $125,667 | $506,500 | $1,749 |
| Croton-on-Hudson | 8,202 | $191,678 | $712,900 | $2,274 |
| West Haverstraw | 10,711 | $86,301 | $377,200 | $1,803 |
| Thiells | 4,475 | $133,623 | $579,700 | $1,755 |
More for people moving to Buchanan
Buchanan ZIP code ›Weather and climate ›Living in Buchanan: FAQ
What is the median household income in Buchanan, NY?
The median household income in Buchanan is $128,218, 49% higher than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Buchanan?
The median home value in Buchanan is $525,500, compared with $423,800 in New York.
How much is rent in Buchanan?
The median gross rent in Buchanan is $1,953 per month, about 27.9% of household income.
Is Buchanan, NY a good place to live?
Pluses: median household income 49% higher than the New York median; unemployment of 1.1%; a poverty rate of 5.7%. Minuses: home values 24% higher than the state median; an average commute of 33 minutes.
What is the median age in Buchanan?
The median age in Buchanan is 38.5 years (New York: 39.8).
How long is the commute in Buchanan?
The average commute to work in Buchanan is 33 minutes; 14.2% of workers work from home.
What is the unemployment rate in Buchanan?
The unemployment rate in Buchanan is 1.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Buchanan?
48.1% of adults in Buchanan have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: