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These days, finding an affordable place to live in the Drummond area can be challenging. Home prices in Drummond are now at a median cost of $252,577, lower than the Wisconsin average of $280,373.
The average cost of rent is $903/mo in Drummond, primarily driven by the current value of real estate in the Drummond area. In Drummond, 14.79% of households rent, and 48.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Drummond is $5,565 per month. Households that rent pay about 16.22% of their income on rent here. Drummond’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cable, WI: higher priced homes
- Grand View, WI: less expensive homes
- Seeleys, WI: higher priced homes
- Namekagon, WI: higher priced homes
- Mason, WI: less expensive homes
- Ino, WI: equally priced homes
- Iron River, WI: equally priced homes
- Solon Springs, WI: equally priced homes
- Phipps, WI: equally priced homes
- Lake Nebagamon, WI: equally priced homes
Cities with Similar Populations
- Reily, OH: higher priced homes
- Bruno, OK: less expensive homes
- Ransom, KY: less expensive homes
- Butte Falls, OR: higher priced homes
- Redbud, GA: less expensive homes
- Cameron, OK: less expensive homes
- Camp Creek, TN: less expensive homes
- Canehill, AR: less expensive homes
- Caspar, CA: higher priced homes
- Cayuta, NY: less expensive homes
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