Buchanan Dam, TX
Population 1,359 · Texas
About Buchanan Dam, TX
Buchanan Dam is a small town located in Texas with a population of 1,359 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,250 per year, which is 25% below the national median of $75,149. The median age of 62.7 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 Dam features a median home value of $267,100, which is 9% above the national median of $244,900. This positions Buchanan Dam in a moderately priced market relative to the rest of the country. Median monthly rent is $917, 21% below the national average of $1,163/month. Of the 1,095 total housing units, 81% are owner-occupied (587 units) and 19% are renter-occupied (137 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Buchanan Dam shows an unemployment rate of 1.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 17.0%, above the national average of 12.4%. Workers in Buchanan Dam have an average one-way commute time of 36.1 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
25.0% of Buchanan Dam 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 2.6% White, 2.4% Hispanic or Latino, 0.0% Black or African American, and 1.5% Asian residents, with 2.9% of the population being foreign-born.
Cost of Living in Buchanan Dam, TX
Compared to national averages, Buchanan Dam has a median household income of $56,250 (25% below the national median of $75,149). Home values average $267,100, which is 9% above the national median. Monthly rent at $917 is 21% below the US average of $1,163. Within Texas, Buchanan Dam's income is 23% below the state average of $72,726, and home values are 26% above the state median of $211,769.
Why Live in Buchanan Dam, TX?
Buchanan Dam offers rent that’s lower than the national average at $917/month, and a strong job market with an unemployment rate of just 1.1%.
Potential considerations include median household income ($56,250) that falls below the national average. However, Buchanan Dam’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Buchanan Dam has a population of 1,359 with a median age of 62.7 years. Compare Buchanan Dam with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Buchanan Dam
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Farwell | 1,359 | $56,932 | $129,800 | Compare |
| Powderly | 1,361 | $95,742 | $207,400 | Compare |
| Carrizo Hill | 1,355 | $0 | $18,100 | Compare |
| Poetry | 1,352 | $103,333 | $408,300 | Compare |
| Rollingwood | 1,371 | $236,964 | $1,872,000 | Compare |
| Roscoe | 1,347 | $52,935 | $80,700 | Compare |
| Somerville | 1,347 | $64,013 | $143,600 | Compare |
| Coldspring | 1,372 | $41,196 | $189,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Buchanan Dam With Other Cities
Frequently Asked Questions about Buchanan Dam
What is the population of Buchanan Dam, TX?
The population of Buchanan Dam, TX is 1,359 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Buchanan Dam?
The median household income in Buchanan Dam, TX is $56,250 per year, which is 25% below the national median of $75,149.
What is the median home value in Buchanan Dam?
The median home value in Buchanan Dam, TX is $267,100, which is 9% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Buchanan Dam?
The median monthly rent in Buchanan Dam, TX is $917, which is 21% below the national average of $1,163/month.
What is the unemployment rate in Buchanan Dam?
The unemployment rate in Buchanan Dam, TX is 1.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Buchanan Dam, TX a good place to live?
Buchanan Dam offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 1,359 and a median age of 62.7, the city appeals to established professionals and retirees.
How educated is Buchanan Dam, TX?
25.0% of residents in Buchanan Dam 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 Dam?
Key cost-of-living indicators for Buchanan Dam, TX: median home value is $267,100 (9% above national), median rent is $917/month, and median household income is $56,250. The home-value-to-income ratio is 4.7x, a moderate figure by national standards.
What is the poverty rate in Buchanan Dam?
The poverty rate in Buchanan Dam, TX is 17.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Buchanan Dam, TX?
Buchanan Dam's population is 2.6% White, 2.4% Hispanic or Latino, 0.0% Black or African American, 1.5% Asian, and 2.4% two or more races. 2.9% of residents are foreign-born.