Home Price Key
Affordable
Average
Expensive
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 $176,817, lower than the Michigan average of $196,062.
The average cost of rent is $797/mo in Jefferson, primarily driven by the current value of real estate in the Jefferson area. While nearly 35.02% of residents own their homes outright in Jefferson, 17.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Jefferson is $5,322 per month. Households that rent pay about 14.97% of their income on rent here. Jefferson's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
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: equally 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: higher priced homes
- Chandler, MN: less expensive homes
- Chester, MS: less expensive homes
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