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These days, finding an affordable place to live in the Blackwood area can be challenging. Home prices in Blackwood are now at a median cost of $186,123, lower than the Alabama average of $228,911.
The average cost of rent is $845/mo in Blackwood, primarily driven by the current value of real estate in the Blackwood area. In Blackwood, 23.55% of households rent, and 41.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Blackwood is $6,603 per month. Households that rent pay about 12.80% of their income on rent here. Blackwood’s most expensive areas are in the central 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
- Napier Field, AL: less expensive homes
- Grimes, AL: less expensive homes
- Midland City, AL: equally priced homes
- Headland, AL: higher priced homes
- Browns Crossroads, AL: less expensive homes
- Kirklands Crossroads, AL: higher priced homes
- Kinsey, AL: less expensive homes
- Newville, AL: less expensive homes
- Pinckard, AL: less expensive homes
- Tumbleton, AL: equally priced homes
Cities with Similar Populations
- McIntyre, LA: less expensive homes
- Myrtle, MO: less expensive homes
- Murray Store, TN: equally priced homes
- Muir Beach, CA: higher priced homes
- Moss Run, OH: equally priced homes
- Moon, KY: less expensive homes
- Mobeetie, TX: less expensive homes
- Minnewawa, MN: higher priced homes
- Midway Corner, AR: less expensive homes
- Middlepoint, MD: higher priced homes
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