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Affordable
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These days, finding an affordable place to live in the Jermyn area can be challenging. Home prices in Jermyn are now at a median cost of $173,475, lower than the Texas average of $322,096.
The average cost of rent is $1,021/mo in Jermyn, primarily driven by the current value of real estate in the Jermyn area. In Jermyn, 27.68% of households rent, and 74.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jermyn is $6,073 per month. Households that rent pay about 16.82% of their income on rent here. Jermyn’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
- Markley, TX: higher priced homes
- Loving, TX: equally priced homes
- Bryson, TX: equally priced homes
- Jacksboro, TX: higher priced homes
- Newcastle, TX: less expensive homes
- Cundiff, TX: higher priced homes
- Olney, TX: less expensive homes
- Vineyard, TX: higher priced homes
- Wizard Wells, TX: higher priced homes
- Joplin, TX: higher priced homes
Cities with Similar Populations
- West Leipsic, OH: higher priced homes
- Walhalla, MI: less expensive homes
- Waltonia, CO: higher priced homes
- Wayside, VA: higher priced homes
- Weldon, LA: less expensive homes
- Wesley, PA: equally priced homes
- West Albion, MN: higher priced homes
- West Augusta, VA: higher priced homes
- West Bedford, OH: equally priced homes
- West Candor, NY: equally priced homes
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