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The total population of Buchanan is estimated to be 2,272 with 1,125 males (49.52%) and 1,147 females (50.48%). There are 22 more females than males in Buchanan.
The median household income in Buchanan was $128,711 in 2021, which marked an an increase of 2,649(2.10%) from $126,062 in 2020. This income is 172.52% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Buchanan sees its highest median household income among householders in the age group of 25 to 44 years old, at $158,534. Overall, the median household income for the village of Buchanan stands at $128,711.
In Buchanan, the median income for all workers aged 15 years and older, regardless of work hours, was $60,233 for males and $45,774 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $88,365 for males and $65,869 for females.
In Buchanan, there are just three different racial groups among households. Among these, Two or More Races households report a median household income of $166,460, followed by Black or African American households at $159,177, and White households with a median household income of $124,735.
In 2022, the population of Buchanan was 2,231, a 1.59% decrease year-by-year from 2021. Previously, in 2021, Buchanan's population was 2,267, a decline of 1.00% compared to a population of 2,290 in 2020.
The median age in Buchanan, NY is 41.1, as per 2021 ACS 5-Year Estimates. Of the total population, 17.80% were under the age of 15, 18.47% aged 15 to 29, 48.43% aged 30 to 64, 12.92% aged 65 to 84, and 2.37% were 85 years of age and older.
Racial distribution of Buchanan population: 72.76% are White, 8.32% are Black or African American, 0.22% are American Indian and Alaska Native, 4.83% are Asian, 1.83% are some other race and 12.03% are multiracial.