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Cost of Living in Buchanan County, VA

Population 19,415 · Census ACS 2020–2024 5-year estimates

Median rent$743
Median home value$94,900
Median household income$42,886

The median rent in Buchanan County, VA is $743/month, 53% lower than the Virginia median and 47% lower than the U.S. median. The median home value is $94,900, 71% lower than the national median. Households earn a median of $42,886 a year, 54% lower than the state median.

Affordability

Rent as a share of median income: 20.8%
Income needed for median rent (30% rule): $29,720/yr
Home price-to-income ratio: 2.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $480/mo

Run your own numbers: mortgage calculator · hourly to salary

Buchanan County vs. Virginia vs. U.S.

Buchanan CountyVirginiaU.S.
Median rent$743$1,579$1,413
Median home value$94,900$383,700$332,700
Median household income$42,886$93,170$80,734
Homeownership rate83.1%67.3%65.2%
Bachelor's degree or higher11.5%42.2%35.7%
Poverty rate25.2%9.9%12.5%
Unemployment rate3.9%4.3%5.2%
Work from home6.5%18.3%15.1%
Median age47.839.038.9

FAQ

What is the average rent in Buchanan County, VA?

The median gross rent in Buchanan County, VA is $743 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Buchanan County, VA?

Using the common 30% rule, renting a median-priced home takes about $29,720 a year in gross income.

Is Buchanan County, VA expensive to live in?

Rent there is 47% lower than the U.S. median, and the median home costs about 2.2 times the median household income.

Other counties in Virginia

Fairfax County, VARent $2,276 · Income $153,637Prince William County, VARent $2,067 · Income $131,402Virginia Beach city, VARent $1,714 · Income $92,968Loudoun County, VARent $2,386 · Income $181,765Chesterfield County, VARent $1,629 · Income $101,931Henrico County, VARent $1,541 · Income $88,783

Counties with a similar cost of living

Washington County, NCRent $743 · Income $41,813Drew County, ARRent $725 · Income $42,824Lawrence County, MSRent $753 · Income $43,531Adams County, MSRent $734 · Income $43,644Macon County, ALRent $734 · Income $43,707Bacon County, GARent $743 · Income $44,694

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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