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These days, finding an affordable place to live in the Binford area can be challenging. Home prices in Binford are now at a median cost of $84,553, lower than the Mississippi average of $183,008.
The average cost of rent is $754/mo in Binford, primarily driven by the current value of real estate in the Binford area. In Binford, 39.36% of households rent, and 69.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Binford is $4,263 per month. Households that rent pay about 17.68% of their income on rent here. Binford’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- East Aberdeen, MS: equally priced homes
- Aberdeen, MS: higher priced homes
- Darracott, MS: higher priced homes
- Muldon, MS: equally priced homes
- Whites, MS: higher priced homes
- Gibson, MS: higher priced homes
- Lackey, MS: higher priced homes
- Prairie, MS: equally priced homes
- Hamilton, MS: higher priced homes
- West Point, MS: higher priced homes
Cities with Similar Populations
- Greenwater, WA: higher priced homes
- Canones, NM: higher priced homes
- Espanola, FL: higher priced homes
- Mule Creek, NM: higher priced homes
- Nashaquitsa, MA: higher priced homes
- Enterline, PA: higher priced homes
- Grace City, ND: higher priced homes
- Grand Ronde Agency, OR: higher priced homes
- Centennial, IN: higher priced homes
- Cameron, OH: higher priced homes
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