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Affordable
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These days, finding an affordable place to live in the Danbury area can be challenging. Home prices in Danbury are now at a median cost of $162,596, lower than the North Carolina average of $323,314.
The average cost of rent is $734/mo in Danbury, primarily driven by the current value of real estate in the Danbury area. In Danbury, 18.08% of households rent, and 56.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Danbury is $5,066 per month. Households that rent pay about 14.50% of their income on rent here. Danbury’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
- Hartman, NC: equally priced homes
- Sandy Ridge, NC: equally priced homes
- Westfield, NC: higher priced homes
- Francisco, NC: higher priced homes
- Walnut Cove, NC: higher priced homes
- Nettleridge, VA: less expensive homes
- Lawsonville, NC: equally priced homes
- Pine Hall, NC: higher priced homes
- Mayodan, NC: less expensive homes
- Madison, NC: higher priced homes
Cities with Similar Populations
- Rucker, CA: higher priced homes
- Divernon, IL: higher priced homes
- Dixmont, ME: higher priced homes
- Dongola, IL: less expensive homes
- Dulac, LA: less expensive homes
- Edisto Island, SC: higher priced homes
- Elmwood, WI: higher priced homes
- Eure, NC: higher priced homes
- Fabius, NY: higher priced homes
- Fillmore, NY: less expensive homes
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