Buchanan Lake Village, TX
Population 502 · Texas
About Buchanan Lake Village, TX
Buchanan Lake Village is a small community in Texas with a population of 502 residents. The median household income is $43,974 per year, which is below the national average. The median age in Buchanan Lake Village is 72.7 years.
Housing in Buchanan Lake Village has a median home value of $179,900 and median monthly rent of $0. Of the 591 total housing units, the majority are owner-occupied, with 274 owner-occupied and 26 renter-occupied units.
The unemployment rate in Buchanan Lake Village is 8.3% and the poverty rate is 21.3%. 16.5% of residents hold a bachelor's degree or higher. The average commute time is 35.5 minutes.
Cost of Living in Buchanan Lake Village, TX
Compared to national averages, Buchanan Lake Village has a median household income of $43,974 (41% below the national median of $75,149). Home values average $179,900, which is 27% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, Buchanan Lake Village's income is 40% below the state average of $72,726, and home values are 15% below the state median of $211,769.
Why Live in Buchanan Lake Village, TX?
Buchanan Lake Village offers affordable housing with a median home value of $179,900, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($43,974) that falls below the national average. However, Buchanan Lake Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Buchanan Lake Village has a population of 502 with a median age of 72.7 years. Compare Buchanan Lake Village with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Buchanan Lake Village
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bear Creek | 503 | $125,250 | $728,400 | Compare |
| Placedo | 503 | $28,000 | $46,200 | Compare |
| Pueblo Nuevo | 503 | $38,800 | $146,400 | Compare |
| Star Harbor | 503 | $95,536 | $310,700 | Compare |
| Redfield | 500 | $0 | $0 | Compare |
| Balmorhea | 505 | $29,375 | $56,700 | Compare |
| Coyote Acres | 499 | $93,750 | $0 | Compare |
| Higgins | 499 | $56,875 | $93,600 | 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.
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Frequently Asked Questions about Buchanan Lake Village
What is the population of Buchanan Lake Village, TX?
The population of Buchanan Lake Village, TX is 502 according to the latest Census data.
What is the median household income in Buchanan Lake Village?
The median household income in Buchanan Lake Village, TX is $43,974 per year.
What is the median home value in Buchanan Lake Village?
The median home value in Buchanan Lake Village, TX is $179,900.
What is the average rent in Buchanan Lake Village?
The median monthly rent in Buchanan Lake Village, TX is $0.
What is the unemployment rate in Buchanan Lake Village?
The unemployment rate in Buchanan Lake Village, TX is 8.3%.