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These days, finding an affordable place to live in the Cotton Grove area can be challenging. Home prices in Cotton Grove are now at a median cost of $185,577, lower than the North Carolina average of $323,314.
The average cost of rent is $838/mo in Cotton Grove, primarily driven by the current value of real estate in the Cotton Grove area. In Cotton Grove, 9.12% of households rent, and 56.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cotton Grove is $4,469 per month. Households that rent pay about 18.76% of their income on rent here. Cotton Grove’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Southmont, NC: higher priced homes
- Lexington, NC: higher priced homes
- Linwood, NC: equally priced homes
- Gordontown, NC: equally priced homes
- Healing Springs, NC: higher priced homes
- Spencer, NC: higher priced homes
- East Spencer, NC: less expensive homes
- High Rock, NC: higher priced homes
- Cid, NC: equally priced homes
- Denton, NC: equally priced homes
Cities with Similar Populations
- Cones, NH: equally priced homes
- Chiawuli Tak, AZ: less expensive homes
- Timewell, IL: less expensive homes
- Woodgate, NY: higher priced homes
- Choctaw Bluff, AL: less expensive homes
- Choctaw, LA: equally priced homes
- Woodenhawk, DE: higher priced homes
- Woodbury, IL: higher priced homes
- Colton, OH: higher priced homes
- Conchas Dam, NM: higher priced homes
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