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Affordable
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These days, finding an affordable place to live in the Colgate area can be challenging. Home prices in Colgate are now at a median cost of $521,000, higher than the Wisconsin average of $280,373.
The average cost of rent is $1,329/mo in Colgate, primarily driven by the current value of real estate in the Colgate area. In Colgate, 4.05% of households rent, and 31.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Colgate is $12,395 per month. Households that rent pay about 10.72% of their income on rent here. Colgate’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hubertus, WI: equally priced homes
- Sussex, WI: less expensive homes
- Richfield, WI: less expensive homes
- Monches, WI: less expensive homes
- Merton, WI: higher priced homes
- Lannon, WI: less expensive homes
- Diefenbach Corners, WI: less expensive homes
- Germantown, WI: less expensive homes
- Hartland, WI: less expensive homes
- Menomonee Falls, WI: less expensive homes
Cities with Similar Populations
- Bristol, NH: less expensive homes
- Jarratt, VA: less expensive homes
- Tuskegee Institute, AL: less expensive homes
- Winnie, TX: less expensive homes
- Boiling Springs, NC: less expensive homes
- Brighton, IL: less expensive homes
- Cave Junction, OR: less expensive homes
- Chicora, PA: less expensive homes
- Coeburn, VA: less expensive homes
- Rye, NH: higher priced homes
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