Buchanan, TN
Population 118 · Tennessee
About Buchanan, TN
Buchanan is a small community located in Tennessee with a population of 118 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 21.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Buchanan features a median home value of $213,100, which is 13% 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 39 total housing units, 79% are owner-occupied (31 units) and 21% are renter-occupied (8 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 20.9 minutes.
Education & Demographics
0.0% of Buchanan residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Buchanan, TN
Compared to national averages, Buchanan has a median household income of $0 (100% below the national median of $75,149). Home values average $213,100, which is 13% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Tennessee, Buchanan's income is 100% below the state average of $62,849, and home values are 1% below the state median of $214,371.
Why Live in Buchanan, TN?
Buchanan offers affordable housing with a median home value of $213,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 20.9 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Buchanan’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Buchanan has a population of 118 with a median age of 21.7 years. Compare Buchanan with other cities to see how it stacks up, or explore all cities in Tennessee.
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Cities in Tennessee with a similar population size.
Demographics
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Economy & Education
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Other Cities in Tennessee
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, TN?
The population of Buchanan, TN is 118 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Tennessee.
What is the median household income in Buchanan?
The median household income in Buchanan, TN is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Buchanan?
The median home value in Buchanan, TN is $213,100, which is 13% 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, TN 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, TN 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, TN a good place to live?
Buchanan offers a moderate cost of living, affordable housing, and a strong job market. With a population of 118 and a median age of 21.7, the city appeals to young professionals and families.
How educated is Buchanan, TN?
0.0% 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, TN: median home value is $213,100 (13% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Buchanan?
The poverty rate in Buchanan, TN 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, TN?
Buchanan's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 11.9% two or more races. 0.0% of residents are foreign-born.