Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Health & Safety
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Crime
This area is reporting high crime rates per 100,000 people and could signify that it is a dangerous place to live. Crime rates include both violent and property crimes.
Employment
A low score in the employment category could indicate that this area struggles with high unemployment rates and low household income and income per capita levels.
Buchanan is a small city located in the state of Michigan. The city has a population of 4,270 people. If we look at the most recent Census, Buchanan is known to have a predominantly White population. The next two most common races are Black and Asian. Buchanan could be a great place for young adults and students as the average age of 33 years old is below the nation’s average. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Buchanan your home, your one-way commute time will typically last around 24 minutes, a duration that aligns with the national average commute time of 26 minutes.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Buchanan could be a positive experience compared to other cities in Michigan if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Finding the best places to live in Buchanan and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, commute, education and other important metrics.
With a livability score of 72/100, Buchanan is ranked #4,914 in the United States and #208 in Michigan. There are nine total categories that generate the livability score. Buchanan scores well for education (B-) and housing (B+) Buchanan does not rank well for the following: employment (F). It might be a smart idea to take a closer look at each category to find out why.
The impact of the cost of living on your monthly financial situation cannot be overstated. Whether it's housing expenses, grocery bills or healthcare costs, it's crucial to ensure that your chosen place of residence is not only comfortable but also affordable. Fortunately, in Buchanan, the cost of living is 21.49% below the national average, offering the assurance that after meeting your financial obligations, there may be a surplus left in your wallet. This financial advantage not only promotes financial stability but also opens up opportunities for savings and a better quality of life. In a world where expenses can be overwhelming, Buchanan stands out as a place where you can enjoy both comfort and fiscal responsibility, ensuring a brighter financial future.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Buchanan apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Buchanan is real estate affordability. Median real estate prices in Buchanan come in at $117,600, which is 8% lower than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Buchanan, the home price to income ratio is 2.7, which is 8% higher than the Michigan average.
| Statistic | Buchanan | Michigan | National |
| Average one way commute | 24min | 24min | 26min |
| Workers who drive to work | 92.0% | 82.5% | 76.4% |
| Workers who carpool | 3.4% | 8.8% | 9.3% |
| Workers who take public transit | 0.0% | 1.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.5% | 0.6% |
| Workers who walk | 1.9% | 2.2% | 2.8% |
| Working from home | 1.9% | 3.7% | 4.6% |
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