Buchanan, MI 49107 has a population of approximately 10,063 and experiences a population change rate of -5.68%. The population density is 153.9 / sq mi .
Buchanan, MI 49107 has a population of approximately 10,063 and experiences a population change rate of -5.68%. The population density is 153.9 / sq mi .
The median household income for Buchanan, MI 49107 is $58,526, with 4,187 households and an average household size of 2.51.
The median value of a home in Buchanan, MI 49107 is $186,000 with an appreciation rate of 19.50%. 64.80% of housing in the state is owned while 17.29% is rented.
The cost of living in Buchanan, MI 49107 is 86.4 %.
The unemployment rate in Buchanan, MI 49107 is 3.40%, and recent job growth is at 3.83%. Future job growth is projected at 39.42%.
The sales tax rate in Buchanan, MI 49107 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Buchanan, MI 49107 are $13,052, and the school ratio is 18.3:1.
The average high temperature in July is 83 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 39.9 inches per year, with 64 inches of snow per year.