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Affordable
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These days, finding an affordable place to live in the Eminence area can be challenging. Home prices in Eminence are now at a median cost of $196,635, lower than the Indiana average of $232,932.
The average cost of rent is $996/mo in Eminence, primarily driven by the current value of real estate in the Eminence area. In Eminence, 16.43% of households rent, and 41.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Eminence is $6,419 per month. Households that rent pay about 15.52% of their income on rent here. Eminence’s most expensive areas are in the northern 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
- Plano, IN: equally priced homes
- Quincy, IN: less expensive homes
- Wakeland, IN: equally priced homes
- Stilesville, IN: higher priced homes
- Cloverdale, IN: equally priced homes
- Monrovia, IN: higher priced homes
- Hadley, IN: higher priced homes
- Paragon, IN: less expensive homes
- Hazelwood, IN: higher priced homes
- Fillmore, IN: higher priced homes
Cities with Similar Populations
- Monterey, VA: equally priced homes
- Potter Lake, WI: higher priced homes
- Poseys Crossroads, AL: higher priced homes
- Porterville, MS: less expensive homes
- Needmore, TN: higher priced homes
- Murdock, NE: higher priced homes
- Mount Meridian, IN: higher priced homes
- Mount Hope, WI: equally priced homes
- Moscow, KS: less expensive homes
- Morrisonville, WI: higher priced homes
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