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These days, finding an affordable place to live in the Galen area can be challenging. Home prices in Galen are now at a median cost of $315,806, higher than the Tennessee average of $315,131.
The average cost of rent is $881/mo in Galen, primarily driven by the current value of real estate in the Galen area. In Galen, 17.98% of households rent, and 58.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Galen is $6,476 per month. Households that rent pay about 13.60% of their income on rent here. Galen’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
- Harco, IL: less expensive homes
- Hobart, PA: equally priced homes
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- Hassell, NC: less expensive homes
- Harvey Cedars, NJ: higher priced homes
- Harvel, IL: less expensive homes
- Hartmansville, WV: less expensive homes
- Hartfield, NY: less expensive homes
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