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Affordable
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These days, finding an affordable place to live in the Lomax Crossroads area can be challenging. Home prices in Lomax Crossroads are now at a median cost of $193,774, lower than the Tennessee average of $315,131.
The average cost of rent is $680/mo in Lomax Crossroads, primarily driven by the current value of real estate in the Lomax Crossroads area. In Lomax Crossroads, 10.11% of households rent, and 46.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lomax Crossroads is $6,224 per month. Households that rent pay about 10.92% of their income on rent here. Lomax Crossroads’s most expensive areas are in the northwestern 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
- Shubert, TN: less expensive homes
- Hohenwald, TN: equally priced homes
- Kimmins, TN: higher priced homes
- Hornertown, TN: less expensive homes
- Upper Sinking, TN: equally priced homes
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- Topsy, TN: less expensive homes
- Napier, TN: less expensive homes
- Sunrise, TN: equally priced homes
- Linden, TN: less expensive homes
Cities with Similar Populations
- Willow Lake, SD: equally priced homes
- Berwick, IA: equally priced homes
- Billings, OK: less expensive homes
- Birchleaf, VA: less expensive homes
- Blanco, NM: equally priced homes
- Bombay, NY: less expensive homes
- Bouse, AZ: less expensive homes
- Wilbanks, NC: equally priced homes
- Willisville, IL: less expensive homes
- Airport Drive, MO: higher priced homes
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