Buchanan, ND
Population 92 · North Dakota
About Buchanan, ND
Buchanan is a small community located in North Dakota with a population of 92 residents according to the latest US Census Bureau American Community Survey data. The median household income is $105,357 per year, which is 40% above the national median of $75,149. The median age of 48.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Buchanan features a median home value of $225,000, which is 8% below the national median of $244,900. This positions Buchanan in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 38 total housing units, 100% are owner-occupied (38 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Buchanan shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Buchanan have an average one-way commute time of 17.2 minutes, one of the shorter commutes in the region.
Education & Demographics
30.3% of Buchanan residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 7.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Buchanan Ranks in North Dakota
Cost of Living in Buchanan, ND
Compared to national averages, Buchanan has a median household income of $105,357 (40% above the national median of $75,149). Home values average $225,000, which is 8% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within North Dakota, Buchanan's income is 45% above the state average of $72,691, and home values are 61% above the state median of $139,496.
Why Live in Buchanan, ND?
Buchanan offers a strong local economy with a median household income of $105,357, well above the national average, and affordable housing with a median home value of $225,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 17.2 minutes.
Buchanan has a population of 92 with a median age of 48.5 years. Compare Buchanan with other cities to see how it stacks up, or explore all cities in North Dakota.
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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, ND?
The population of Buchanan, ND is 92 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in North Dakota.
What is the median household income in Buchanan?
The median household income in Buchanan, ND is $105,357 per year, which is 40% above the national median of $75,149.
What is the median home value in Buchanan?
The median home value in Buchanan, ND is $225,000, which is 8% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Buchanan?
The median monthly rent in Buchanan, ND is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Buchanan?
The unemployment rate in Buchanan, ND is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Buchanan, ND a good place to live?
Buchanan offers above-average incomes, affordable housing, and a strong job market. With a population of 92 and a median age of 48.5, the city appeals to established professionals and retirees.
How educated is Buchanan, ND?
30.3% of residents in Buchanan aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Buchanan?
Key cost-of-living indicators for Buchanan, ND: median home value is $225,000 (8% below national), median rent is $0/month, and median household income is $105,357. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Buchanan?
The poverty rate in Buchanan, ND is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Buchanan, ND?
Buchanan's population is 0.0% White, 7.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.