Buchanan, NY
Population 2,296 · New York
About Buchanan, NY
Buchanan is a small community in New York with a population of 2,296 residents. The median household income is $127,375 per year, which is above the national average. The median age in Buchanan is 40.9 years.
Housing in Buchanan has a median home value of $492,000 and median monthly rent of $1,670. Of the 849 total housing units, the majority are owner-occupied, with 715 owner-occupied and 102 renter-occupied units.
The unemployment rate in Buchanan is 0.9% and the poverty rate is 3.7%. 45.8% of residents hold a bachelor's degree or higher. The average commute time is 35.2 minutes.
How Buchanan Ranks in New York
Cost of Living in Buchanan, NY
Compared to national averages, Buchanan has a median household income of $127,375 (69% above the national median of $75,149). Home values average $492,000, which is 101% above the national median. Monthly rent at $1,670 is 44% above the US average of $1,163. Within New York, Buchanan's income is 31% above the state average of $96,987, and home values are 27% above the state median of $387,181.
Why Live in Buchanan, NY?
Buchanan offers a strong local economy with a median household income of $127,375, well above the national average, and a strong job market with an unemployment rate of just 0.9%, and a well-educated community where 45.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $492,000. However, Buchanan’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Buchanan has a population of 2,296 with a median age of 40.9 years. Compare Buchanan with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Buchanan
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marist College | 2,300 | $0 | $0 | Compare |
| Lake Katrine | 2,284 | $64,038 | $210,700 | Compare |
| Seneca Knolls | 2,308 | $54,963 | $123,900 | Compare |
| Bedford Hills | 2,283 | $102,750 | $491,500 | Compare |
| Shelter Island | 2,281 | $129,410 | $1,019,000 | Compare |
| Glasco | 2,275 | $58,808 | $296,400 | Compare |
| Fort Plain | 2,274 | $37,600 | $78,700 | Compare |
| Granville | 2,270 | $44,940 | $140,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Buchanan
What is the population of Buchanan, NY?
The population of Buchanan, NY is 2,296 according to the latest Census data.
What is the median household income in Buchanan?
The median household income in Buchanan, NY is $127,375 per year.
What is the median home value in Buchanan?
The median home value in Buchanan, NY is $492,000.
What is the average rent in Buchanan?
The median monthly rent in Buchanan, NY is $1,670.
What is the unemployment rate in Buchanan?
The unemployment rate in Buchanan, NY is 0.9%.