Buchanan Dam, Texas is a small town with a population of approximately 1,000. Middle-aged professionals should feel welcome, as they make up an above-average percentage of the population, while young adults are less well-represented. With an average age of just over 57, Buchanan Dam ranks as the ninth-oldest city in the state. Most residents own their homes in Buchanan Dam, and 22% of residents rent. With a relatively low average rent of $726 a month in the town, renting remains an affordable option, particularly compared to other cities in Texas. Over the course of a year, renters in Buchanan Dam will save around $3,600 compared to the state average.
Buchanan Dam has an average commute time of about 28 minutes. Many residents (27%) commute to work by car, while public transportation isn't used. Walking (2%) isn't a common way to get to work, though the number is higher than the national average.
Management is the most common career field in Buchanan Dam, representing 6% of the population. With an average annual income of almost $58,000, Buchanan Dam workers bring in about $15,000 less than their peers elsewhere in the state. Buchanan Dam's average income also trails the national average ($73,345). Compared to the state average, Buchanan Dam has a relatively high percentage of residents older than 25 who have completed some level of post-secondary education, as 21% possess a Bachelor's or Associate's degree. Further, 4% possess a Master's or Doctoral degree.
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