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These days, finding an affordable place to live in the Kola area can be challenging. Home prices in Kola are now at a median cost of $161,979, lower than the Mississippi average of $183,008.
The average cost of rent is $650/mo in Kola, primarily driven by the current value of real estate in the Kola area. In Kola, 24.22% of households rent, and 69.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kola is $3,769 per month. Households that rent pay about 17.26% of their income on rent here. Kola’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Collins, MS: less expensive homes
- Gandsi, MS: equally priced homes
- Ora, MS: less expensive homes
- Williamsburg, MS: equally priced homes
- Seminary, MS: equally priced homes
- Hebron, MS: less expensive homes
- Oak Bowery, MS: equally priced homes
- Sanford, MS: less expensive homes
- McRaney, MS: less expensive homes
- Smith, MS: less expensive homes
Cities with Similar Populations
- Martin City, MT: higher priced homes
- Sand Bluff, OK: less expensive homes
- Salemville, PA: equally priced homes
- Salem Center, IN: higher priced homes
- Saddlebrooke, MO: higher priced homes
- Ryot, PA: higher priced homes
- Ryde, PA: equally priced homes
- Ryceville, MD: higher priced homes
- Ruff, WA: higher priced homes
- Royal, MO: higher priced homes
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