The Buchanan Lake Village Census Designated Place had a population of 788 as of July 1, 2019. Buchanan Lake Village ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.
The primary coordinate point for Buchanan Lake Village is located at latitude 30.8507 and longitude -98.4495 in Llano County. The formal boundaries for the Buchanan Lake Village Census Designated Place encompass a land area of 1.49 sq. miles and a water area of 1.84 sq. miles. Llano County is in the Central time zone (GMT -6). The elevation is 1,053 feet.
The Buchanan Lake Village Census Designated Place (GNIS ID: 2586913) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.
Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Buchanan Lake Village Census Designated Place is located within Llano North Division of Llano County.
HOUSING AFFORDABILITY INDEX
|Buchanan Lake Village, TX Housing Affordability Index is 157 |
State of Texas Housing Affordability Index is 132
|The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.|
|Buchanan Lake Village, TX Wealth Index is 59 |
State of Texas Wealth Index is 94
|The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.|
These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.
More Tools and Resources:
|Total Population||788 (100%)|
|Population in Households||788 (100.0%)|
|Population in Families||589 (74.7%)|
|Population in Group Quarters1||0|
|Median Household Income||$40,766|
|Average Household Income||$53,667|
|Per Capita Income||$27,382|
|Total Housing Units||741 (100%)|
|Owner Occupied HU||339 (45.7%)|
|Renter Occupied HU||60 ( 8.1%)|
|Vacant Housing Units||342 (46.2%)|
|Median Home Value||$133,000|
|Housing Affordability Index3||157|
|Average Household Size||1.97|
|Average Family Size||2|
GROWTH RATE / YEAR
|Median Household Income||2.53%|
|Per Capita Income||3.14%|
The table below compares Buchanan Lake Village to the other 1,746 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 1090||38th|
|Population Density||# 1149||34th|
|Diversity Index||# 1615||8th|
|Median Household Income||# 1240||29th|
|Per Capita Income||# 655||63rd|
Additional comparisons and rankings can be made with a VERY EASY TO USE Texas Census Data Comparison Tool.