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Affordable
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These days, finding an affordable place to live in the Elco area can be challenging. Home prices in Elco are now at a median cost of $155,000, lower than the Pennsylvania average of $288,156.
The average cost of rent is $950/mo in Elco, primarily driven by the current value of real estate in the Elco area. In Elco, 13.86% of households rent, and 43.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elco is $6,479 per month. Households that rent pay about 14.66% of their income on rent here. Elco’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
- Roscoe, PA: less expensive homes
- Newell, PA: higher priced homes
- Allenport, PA: less expensive homes
- Stockdale, PA: less expensive homes
- Long Branch, PA: equally priced homes
- California, PA: equally priced homes
- Fayette City, PA: less expensive homes
- Dunlevy, PA: less expensive homes
- Twilight, PA: equally priced homes
- Naomi, PA: less expensive homes
Cities with Similar Populations
- Charlieville, LA: equally priced homes
- Wiseburg, WV: higher priced homes
- Cedar Springs, TX: higher priced homes
- Winslow, NJ: higher priced homes
- Winslow, NE: higher priced homes
- Winona, WV: less expensive homes
- Wingard, AL: less expensive homes
- Winfield, GA: higher priced homes
- Ceres, NY: less expensive homes
- Chambers, NY: equally priced homes
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