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Affordable
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These days, finding an affordable place to live in the Hamilton area can be challenging. Home prices in Hamilton are now at a median cost of $253,442, higher than the Kentucky average of $219,615.
The average cost of rent is $1,170/mo in Hamilton, primarily driven by the current value of real estate in the Hamilton area. In Hamilton, 11.77% of households rent, and 48.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hamilton is $7,945 per month. Households that rent pay about 14.73% of their income on rent here. Hamilton’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Patriot, IN: less expensive homes
- Beaverlick, KY: higher priced homes
- Napoleon, KY: less expensive homes
- Verona, KY: higher priced homes
- Rabbit Hash, KY: higher priced homes
- East Enterprise, IN: less expensive homes
- Zion Station, KY: less expensive homes
- Union, KY: higher priced homes
- Warsaw, KY: less expensive homes
- Rising Sun, IN: less expensive homes
Cities with Similar Populations
- Weeksbury, KY: less expensive homes
- Lorain, PA: less expensive homes
- Lovilia, IA: less expensive homes
- Lower Peach Tree, AL: less expensive homes
- Lynn, PA: less expensive homes
- Mac, KY: less expensive homes
- Willard, WI: less expensive homes
- White Sulphur Springs, NY: equally priced homes
- Marlton Heights, NJ: higher priced homes
- Wheeler, IL: less expensive homes
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