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Affordable
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These days, finding an affordable place to live in the Carmichaels area can be challenging. Home prices in Carmichaels are now at a median cost of $146,499, lower than the Pennsylvania average of $288,156.
The average cost of rent is $799/mo in Carmichaels, primarily driven by the current value of real estate in the Carmichaels area. In Carmichaels, 25.73% of households rent, and 40.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Carmichaels is $6,563 per month. Households that rent pay about 12.17% of their income on rent here. Carmichaels’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ceylon, PA: less expensive homes
- Stringtown, PA: higher priced homes
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- Mount Sterling, PA: equally priced homes
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Cities with Similar Populations
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- Covington, IN: higher priced homes
- Covington, OH: higher priced homes
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