Buchanan, a city located in the state of Michigan (MI), is home to a population of approximately 4,276 people. Buchanan boasts a median age of 39.8, with around 26.6% of its residents aged 60 or above. 9.4% of the population identifies as US Veterans. 13.5% of Buchanan residents are disabled. The city has an average household income of $53,328, while the unemployment rate stands at 1.2%, and around 7.8% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Buchanan is $143,429, with a monthly rent averaging $827.