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Affordable
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These days, finding an affordable place to live in the Jericho area can be challenging. Home prices in Jericho are now at a median cost of $191,858, lower than the North Carolina average of $323,314.
The average cost of rent is $756/mo in Jericho, primarily driven by the current value of real estate in the Jericho area. In Jericho, 27.79% of households rent, and 56.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jericho is $5,592 per month. Households that rent pay about 13.51% of their income on rent here. Jericho’s most expensive areas are in the southern 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
- Corbett, NC: equally priced homes
- McCray, NC: higher priced homes
- Carr, NC: equally priced homes
- Locust Hill, NC: less expensive homes
- Topnot, NC: higher priced homes
- Hightowers, NC: equally priced homes
- Yanceyville, NC: equally priced homes
- Prospect Hill, NC: less expensive homes
- Green Level, NC: equally priced homes
- Elon College, NC: higher priced homes
Cities with Similar Populations
- Oak Grove, AR: less expensive homes
- Mount Holly, VT: higher priced homes
- Mulberry Grove, GA: higher priced homes
- Needmore, MI: higher priced homes
- Nemacolin, PA: less expensive homes
- Neversink, NY: higher priced homes
- New Galilee, PA: less expensive homes
- New Middletown, IN: higher priced homes
- New Point, IN: higher priced homes
- New Winchester, IN: higher priced homes
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