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Affordable
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These days, finding an affordable place to live in the Jernigan area can be challenging. Home prices in Jernigan are now at a median cost of $170,800, lower than the Alabama average of $228,911.
The average cost of rent is $822/mo in Jernigan, primarily driven by the current value of real estate in the Jernigan area. In Jernigan, 10.48% of households rent, and 62.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jernigan is $4,004 per month. Households that rent pay about 20.53% of their income on rent here. Jernigan’s most expensive areas are in the central 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
- Omaha, GA: less expensive homes
- Pittsview, AL: equally priced homes
- Holy Trinity, AL: higher priced homes
- Villula, AL: higher priced homes
- Oswichee, AL: higher priced homes
- Batesville, AL: less expensive homes
- Spring Hill, AL: less expensive homes
- Louvale, GA: less expensive homes
- Charles, GA: less expensive homes
- Wende, AL: less expensive homes
Cities with Similar Populations
- Seneca, NM: higher priced homes
- Limp, SC: less expensive homes
- Lindytown, WV: less expensive homes
- Lingo, NM: less expensive homes
- Lisbon, NC: higher priced homes
- Little Barren, KY: less expensive homes
- Little Dixie, AR: less expensive homes
- Little Italy, WV: equally priced homes
- Lochgelly, WV: less expensive homes
- Lillyhaven, WV: less expensive homes
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