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Affordable
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These days, finding an affordable place to live in the Ephraim area can be challenging. Home prices in Ephraim are now at a median cost of $479,280, higher than the Wisconsin average of $280,373.
The average cost of rent is $960/mo in Ephraim, primarily driven by the current value of real estate in the Ephraim area. In Ephraim, 11.60% of households rent, and 52.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ephraim is $8,399 per month. Households that rent pay about 11.42% of their income on rent here. Ephraim’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sister Bay, WI: less expensive homes
- Fish Creek, WI: equally priced homes
- Baileys Harbor, WI: less expensive homes
- Rowleys Bay, WI: equally priced homes
- Ellison Bay, WI: equally priced homes
- Egg Harbor, WI: less expensive homes
- Gills Rock, WI: equally priced homes
- Jacksonport, WI: less expensive homes
- Valmy, WI: equally priced homes
- Institute, WI: less expensive homes
Cities with Similar Populations
- New River, FL: less expensive homes
- Naubinway, MI: less expensive homes
- Neche, ND: less expensive homes
- Nelson, MO: less expensive homes
- Neptune, TN: less expensive homes
- Nevada, MS: less expensive homes
- New Blaine, AR: less expensive homes
- New Buffalo, OH: less expensive homes
- New Canton, IL: less expensive homes
- New Preston, CT: equally priced homes
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