Expensive
Affordable
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These days, finding an affordable place to live in the Koko area can be challenging. Home prices in Koko are now at a median cost of $118,515, lower than the Tennessee average of $315,131.
The average cost of rent is $1,055/mo in Koko, primarily driven by the current value of real estate in the Koko area. In Koko, 24.62% of households rent, and 49.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Koko is $5,198 per month. Households that rent pay about 20.30% of their income on rent here. Koko’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eurekaton, TN: equally priced homes
- Sunnyhill, TN: higher priced homes
- Hillville, TN: equally priced homes
- Dancyville, TN: higher priced homes
- Shepp, TN: higher priced homes
- Nutbush, TN: equally priced homes
- Brownsville, TN: higher priced homes
- Stanton, TN: equally priced homes
- Woodland, TN: higher priced homes
- Fayette Corners, TN: less expensive homes
Cities with Similar Populations
- Clio, KY: higher priced homes
- Chance, VA: higher priced homes
- Chatham, MS: equally priced homes
- Cheap Hill, TN: higher priced homes
- Chefornak, AK: less expensive homes
- Chignik Lagoon, AK: higher priced homes
- Chilo, OH: higher priced homes
- Choctaw, AR: higher priced homes
- Christchurch, VA: higher priced homes
- Cinda, KY: less expensive homes
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