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Affordable
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These days, finding an affordable place to live in the Hanaford area can be challenging. Home prices in Hanaford are now at a median cost of $96,200, lower than the Illinois average of $300,242.
The average cost of rent is $686/mo in Hanaford, primarily driven by the current value of real estate in the Hanaford area. In Hanaford, 20.98% of households rent, and 65.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hanaford is $5,057 per month. Households that rent pay about 13.56% of their income on rent here. Hanaford’s most expensive areas are in the central 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
- Parrish, IL: equally priced homes
- Logan, IL: higher priced homes
- Steel City, IL: higher priced homes
- Benton, IL: equally priced homes
- Akin, IL: higher priced homes
- Kegley, IL: higher priced homes
- Thompsonville, IL: higher priced homes
- West City, IL: less expensive homes
- West Frankfort, IL: equally priced homes
- Orient, IL: equally priced homes
Cities with Similar Populations
- Woodbine, KS: higher priced homes
- Baldwin, IA: higher priced homes
- Baring, WA: higher priced homes
- Bellefontaine, MS: higher priced homes
- Beulah, MS: less expensive homes
- Borup, MN: higher priced homes
- Bostwick, FL: higher priced homes
- Wolco, OK: higher priced homes
- Wolf Creek, WI: higher priced homes
- Agra, KS: less expensive homes
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