Buchanan County, Missouri
Income Data
At a Glance
How Buchanan County Compares
Detailed Income Statistics
Data Story
About Household Income in Buchanan County, Missouri
Buchanan trails national income standard
Buchanan County's median household income of $59,423 falls about $15,300 below the national median of $74,755, representing a 20% income gap. The county ranks below the national average, indicating lower earning capacity than the typical U.S. community.
Slightly above Missouri average
At $59,423, Buchanan's median household income nearly matches Missouri's state average of $59,503—placing the county close to the state middle. The county's per capita income of $32,930 exceeds the state average of $31,011, suggesting broader wealth distribution.
Midrange earner in region
Buchanan's $59,423 income positions it between higher-earning Boone County ($69,913) and lower-earning Butler County ($49,213). The county's economy reflects its role as a manufacturing and regional services hub in northwest Missouri.
Reasonable housing affordability
With a rent-to-income ratio of 17.9%, Buchanan households spend a manageable share of earnings on rent, leaving room for savings and discretionary spending. The median home value of $156,600 aligns well with local income levels, making homeownership achievable.
Capture employer retirement benefits
Buchanan residents should prioritize claiming any employer 401(k) match—essentially free money—before funding other savings goals. Consistent contributions to retirement and emergency accounts build resilience against economic downturns common in manufacturing-dependent regions.
Frequently Asked Questions
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.