Living in Buchanan Lake Village, Texas
Cost of living, income, home prices, rent and demographics of Buchanan Lake Village · Census data 2020–2024
Buchanan Lake Village has 425 residents with a median age of 70.5. The median household income is $48,542 (38% lower than the Texas median), the median home value is $184,800.
Buchanan Lake Village is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Buchanan Lake Village at a glance
- Population
- 425
- Median age
- 70.5State: 35.6
- Median household income
- $48,542State: $78,476
- Median home value
- $184,800State: $283,800
- Homeowners
- 88.7%
- Bachelor's degree or higher
- 21.2%
- Average commute
- 40 min
Is Buchanan Lake Village a good place to live?
Pros: Home values 35% lower than the state median.
Cons: Median household income 38% lower than the Texas median; an average commute of 40 minutes; unemployment of 12.1%; a poverty rate of 26.4%.
The weather is best in March–April and October–November.
Cost of living in Buchanan Lake Village
Housing is the biggest part of the cost of living. In Buchanan Lake Village the median home value is $184,800, 44% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Buchanan Lake Village median household income
The median household income in Buchanan Lake Village is $48,542 and the income per person is $44,319. 26.4% of residents live below the poverty line (Texas: 13.8%).
Housing in Buchanan Lake Village: homes for sale and rent
- Housing units
- 612
- Owner-occupied
- 88.7%
- Renter-occupied
- 11.3%
- Vacant
- 58.2%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 1.66
58.2% of homes are vacant most of the year, a sign that Buchanan Lake Village has many vacation and second homes.
Buchanan Lake Village demographics
- Population
- 425
- Median age
- 70.5
- Under 18
- 3.5%
- 65 and older
- 59.1%
- Households
- 256
- Foreign-born
- 6.1%
- Veterans
- 10.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Buchanan Lake Village ›
Education in Buchanan Lake Village
21.2% of adults 25 and older in Buchanan Lake Village have a bachelor's degree or higher (Texas: 33.8%), and 6.3% have a graduate or professional degree.
Jobs and commute in Buchanan Lake Village
- Unemployment rate
- 12.1%State: 5.3%
- Average commute
- 40 minState: 27 min
- Work from home
- 26.6%
- Drive alone
- 73.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 65.2%
Buchanan Lake Village vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Buchanan Lake Village | 425 | $48,542 | $184,800 | — |
| Tow | 145 | $54,271 | $300,000 | — |
| Buchanan Dam | 1,513 | $56,429 | $288,900 | $1,030 |
| Kingsland | 7,330 | $57,268 | $230,700 | $892 |
| Burnet | 6,732 | $87,587 | $277,400 | $1,019 |
| Llano | 3,494 | $48,309 | $234,100 | $1,078 |
| Highland Haven | 448 | $91,250 | $492,600 | $2,250 |
| Sunrise Beach Village | 936 | $75,625 | $657,300 | $1,143 |
| Granite Shoals | 5,328 | $78,042 | $259,800 | $1,319 |
More for people moving to Buchanan Lake Village
Buchanan Lake Village ZIP code ›Weather and climate ›Living in Buchanan Lake Village: FAQ
What is the median household income in Buchanan Lake Village, TX?
The median household income in Buchanan Lake Village is $48,542, 38% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Buchanan Lake Village?
The median home value in Buchanan Lake Village is $184,800, compared with $283,800 in Texas.
Is Buchanan Lake Village, TX a good place to live?
Pluses: home values 35% lower than the state median. Minuses: median household income 38% lower than the Texas median; an average commute of 40 minutes; unemployment of 12.1%; a poverty rate of 26.4%.
What is the median age in Buchanan Lake Village?
The median age in Buchanan Lake Village is 70.5 years (Texas: 35.6).
How long is the commute in Buchanan Lake Village?
The average commute to work in Buchanan Lake Village is 40 minutes; 26.6% of workers work from home.
What is the unemployment rate in Buchanan Lake Village?
The unemployment rate in Buchanan Lake Village is 12.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Buchanan Lake Village?
21.2% of adults in Buchanan Lake Village 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.
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