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These days, finding an affordable place to live in the Hico area can be challenging. Home prices in Hico are now at a median cost of $138,510, lower than the Louisiana average of $235,139.
The average cost of rent is $874/mo in Hico, primarily driven by the current value of real estate in the Hico area. In Hico, 43.77% of households rent, and 69.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hico is $4,629 per month. Households that rent pay about 18.88% of their income on rent here. Hico’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dubach, LA: higher priced homes
- Unionville, LA: higher priced homes
- Bernice, LA: less expensive homes
- Hilly, LA: higher priced homes
- Shiloh, LA: less expensive homes
- Weldon, LA: less expensive homes
- Vienna, LA: higher priced homes
- Mineral Springs, LA: higher priced homes
- Lisbon, LA: less expensive homes
- Sugarcreek, LA: less expensive homes
Cities with Similar Populations
- Rosalie, TX: higher priced homes
- Maxville, OH: higher priced homes
- Mazeppa, PA: higher priced homes
- McCallum, MS: higher priced homes
- McKinney, AR: less expensive homes
- McLamb Crossroads, NC: less expensive homes
- Mill Grove, MO: less expensive homes
- Point Rock, NY: higher priced homes
- Rico, CO: higher priced homes
- Rockwood, IL: equally priced homes
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