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These days, finding an affordable place to live in the Halifax area can be challenging. Home prices in Halifax are now at a median cost of $216,662, lower than the Kentucky average of $219,615.
The average cost of rent is $967/mo in Halifax, primarily driven by the current value of real estate in the Halifax area. In Halifax, 9.38% of households rent, and 46.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Halifax is $5,511 per month. Households that rent pay about 17.55% of their income on rent here. Halifax’s most expensive areas are in the western 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
- Claypool, KY: equally priced homes
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- Martinsville, KY: higher priced homes
- Motley, KY: higher priced homes
- Alvaton, KY: higher priced homes
- Mount Aerial, KY: less expensive homes
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Cities with Similar Populations
- Power, MT: equally priced homes
- Nelsonville, WI: higher priced homes
- Nettleridge, VA: less expensive homes
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- North Benton, MN: higher priced homes
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- Pinkerman, OH: less expensive homes
- Potash, AL: less expensive homes
- Potterville, GA: less expensive homes
- Myrtle, IL: higher priced homes
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