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These days, finding an affordable place to live in the Jones area can be challenging. Home prices in Jones are now at a median cost of $248,697, lower than the Michigan average of $250,415.
The average cost of rent is $904/mo in Jones, primarily driven by the current value of real estate in the Jones area. In Jones, 11.42% of households rent, and 45.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jones is $7,019 per month. Households that rent pay about 12.88% of their income on rent here. Jones’s most expensive areas are in the southern 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
- Vandalia, MI: equally priced homes
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Cities with Similar Populations
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- New Bohemia, VA: equally priced homes
- New Baltimore, OH: less expensive homes
- Mulkeytown, IL: less expensive homes
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