Expensive
Affordable
Affordable
Colorblind friendly
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These days, finding an affordable place to live in the Jefferson area can be challenging. Home prices in Jefferson are now at a median cost of $218,880, lower than the Michigan average of $250,415.
The average cost of rent is $1,048/mo in Jefferson, primarily driven by the current value of real estate in the Jefferson area. In Jefferson, 14.56% of households rent, and 34.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jefferson is $6,239 per month. Households that rent pay about 16.80% of their income on rent here. Jefferson’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Brooklyn, MI: higher priced homes
- Clarklake, MI: higher priced homes
- Napoleon, MI: higher priced homes
- Cement City, MI: equally priced homes
- Liberty, MI: equally priced homes
- Cambridge Junction, MI: higher priced homes
- Somerset, MI: higher priced homes
- Norvell, MI: higher priced homes
- Michigan Center, MI: less expensive homes
- Oak Shade Park, MI: higher priced homes
Cities with Similar Populations
- Vallecito, CA: higher priced homes
- Black River, MI: less expensive homes
- Blue Mountain, AL: less expensive homes
- Boiceville, NY: higher priced homes
- Bosque, NM: less expensive homes
- Bowen, IL: less expensive homes
- Cedar Hills Estates, AL: less expensive homes
- Center Cross, VA: equally priced homes
- Chandler, MN: less expensive homes
- Chester, MS: less expensive homes
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