Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Economy area can be challenging. Home prices in Economy are now at a median cost of $106,376, lower than the Missouri average of $194,908.
The average cost of rent is $550/mo in Economy, primarily driven by the current value of real estate in the Economy area. While nearly 41.75% of residents own their homes outright in Economy, 20.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Economy is $4,355 per month. Households that rent pay about 12.63% of their income on rent here. Economy's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Atlanta, MO: equally priced homes
- Redman, MO: higher priced homes
- Ten Mile, MO: higher priced homes
- Barnesville, MO: equally priced homes
- Bloomington, MO: higher priced homes
- La Plata, MO: less expensive homes
- Hagers Grove, MO: less expensive homes
- Macon, MO: higher priced homes
- Leonard, MO: less expensive homes
- Locust Hill, MO: less expensive homes
Cities with Similar Populations
- West Stonington, ME: higher priced homes
- West Hawley, MA: higher priced homes
- Elmwood, WV: higher priced homes
- Elmer, OK: equally priced homes
- Ellsworth, NE: equally priced homes
- West Princeton, ME: higher priced homes
- Elk Valley, TN: less expensive homes
- Elk Grove, WI: higher priced homes
- Eldred, MN: higher priced homes
- Eldora, NJ: higher priced homes
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