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These days, finding an affordable place to live in the Knox City area can be challenging. Home prices in Knox City are now at a median cost of $63,537, lower than the Texas average of $322,096.
The average cost of rent is $540/mo in Knox City, primarily driven by the current value of real estate in the Knox City area. In Knox City, 25.80% of households rent, and 77.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Knox City is $4,152 per month. Households that rent pay about 13.02% of their income on rent here. Knox City’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- O'Brien, TX: equally priced homes
- Rochester, TX: higher priced homes
- Weinert, TX: higher priced homes
- Munday, TX: higher priced homes
- Rhineland, TX: higher priced homes
- Benjamin, TX: equally priced homes
- Goree, TX: higher priced homes
- Hefner, TX: higher priced homes
- Seymour, TX: higher priced homes
- Round Timber, TX: higher priced homes
Cities with Similar Populations
- Hartford, IL: equally priced homes
- Springport, IN: higher priced homes
- Spring City, UT: higher priced homes
- South Windham, CT: higher priced homes
- Somers, WI: higher priced homes
- Leadwood, MO: equally priced homes
- Laurel Fork, VA: higher priced homes
- Knightsen, CA: higher priced homes
- Josephville, MO: higher priced homes
- Indian Shores, FL: higher priced homes
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