Buchanan County, IA

Comprehensive housing, income, and cost of living data for Buchanan County, Iowa. Population: 20.6K.

Median Home Price
$231.1K

Based on 10 cities

Median Household Income
$78.4K

Annual household income

Price-to-Income Ratio
2.9x

Highly affordable

Salary Needed to Buy
$62.4K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$2,286

Average annual amount

Effective Tax Rate
0.99%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,168
Property Tax$191
Insurance$96.28
Total Monthly$1,455
Historical Home Prices
2015
$124.6K
2016
$126.9K
+1.9%%
2017
$128.5K
+1.3%%
2018
$131.8K
+2.5%%
2019
$140.7K
+6.7%%
2020
$150.2K
+6.8%%
2021
$166.5K
+10.8%%
2022
$187.0K
+12.3%%
2023
$188.2K
+0.7%%
2024
$197.8K
+5.1%%
2025
$212.0K
+7.2%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
2.0%%

Below national average

Population Density
36

People per square mile

Homicide Rate
10.4

Medium (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
95.2%
Black
0.7%
Hispanic
1.8%
Asian
0.2%
Two or More Races
1.8%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
47°F

Annual average

Sunny Days
193

Days per year

Annual Rainfall
37.5"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 24/100

Frequently Asked Questions

What is the median home price in Buchanan County, IA?

The median home price in Buchanan County, Iowa is $231.1K. The price-to-income ratio is 2.9x, meaning the median home costs 2.9 times the median household income.

What salary do you need to buy a home in Buchanan County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $62.4K per year to buy the median home in Buchanan County, IA. Monthly housing costs break down to $1,168 for mortgage, $191 for property tax, and $96.28 for insurance.

What is the property tax rate in Buchanan County?

The effective property tax rate in Buchanan County is 0.99%, which comes to approximately $2,286 per year on the median home.

What is the median household income in Buchanan County?

The median household income in Buchanan County, Iowa is $78.4K per year, based on Census Bureau American Community Survey data. The unemployment rate is 2.0%%.

Is Buchanan County a good place to live?

Buchanan County, Iowa has a population of 20.6K. Housing affordability is strong with a price-to-income ratio of 2.9x. The climate averages 47 degrees F with 193 sunny days per year. Compare Buchanan County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.