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These days, finding an affordable place to live in the Hickory area can be challenging. Home prices in Hickory are now at a median cost of $159,178, lower than the Kentucky average of $219,615.
The average cost of rent is $988/mo in Hickory, primarily driven by the current value of real estate in the Hickory area. In Hickory, 15.83% of households rent, and 51.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hickory is $5,394 per month. Households that rent pay about 18.32% of their income on rent here. Hickory’s most expensive areas are in the northeastern 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
- Viola, KY: equally priced homes
- Folsomdale, KY: equally priced homes
- Boaz, KY: equally priced homes
- Lynnville, KY: less expensive homes
- Melber, KY: higher priced homes
- Mayfield, KY: less expensive homes
- Lowes, KY: higher priced homes
- Fancy Farm, KY: less expensive homes
- Symsonia, KY: higher priced homes
- Oak Level, KY: higher priced homes
Cities with Similar Populations
- Southern Shores, NC: higher priced homes
- Jay, FL: higher priced homes
- Argos, IN: equally priced homes
- Lakeside-Marblehead, OH: higher priced homes
- Norridgewock, ME: higher priced homes
- Polo, IL: less expensive homes
- Sands Point, NY: higher priced homes
- Shady Shores, TX: higher priced homes
- Sims, NC: higher priced homes
- Julian, NC: higher priced homes
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