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Affordable
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These days, finding an affordable place to live in the Hammond area can be challenging. Home prices in Hammond are now at a median cost of $358,033, higher than the Wisconsin average of $280,373.
The average cost of rent is $1,060/mo in Hammond, primarily driven by the current value of real estate in the Hammond area. In Hammond, 18.27% of households rent, and 25.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hammond is $9,111 per month. Households that rent pay about 11.63% of their income on rent here. Hammond’s most expensive areas are in the southwestern 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
- Baldwin, WI: less expensive homes
- Roberts, WI: higher priced homes
- Woodville, WI: less expensive homes
- Jewett, WI: equally priced homes
- New Richmond, WI: less expensive homes
- Burkhardt, WI: higher priced homes
- El Paso, WI: equally priced homes
- Emerald, WI: less expensive homes
- River Falls, WI: equally priced homes
- Wilson, WI: less expensive homes
Cities with Similar Populations
- Belzoni, MS: less expensive homes
- Cameron, WI: less expensive homes
- Bell, FL: less expensive homes
- Cordova, AL: less expensive homes
- Crivitz, WI: less expensive homes
- Delhi, NY: less expensive homes
- Denmark, SC: less expensive homes
- East Granby, CT: higher priced homes
- Glassport, PA: less expensive homes
- North Muskegon, MI: less expensive homes
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