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Affordable
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These days, finding an affordable place to live in the Loon Lake area can be challenging. Home prices in Loon Lake are now at a median cost of $204,211, lower than the New York average of $610,895.
The average cost of rent is $754/mo in Loon Lake, primarily driven by the current value of real estate in the Loon Lake area. In Loon Lake, 10.93% of households rent, and 60.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Loon Lake is $7,115 per month. Households that rent pay about 10.59% of their income on rent here. Loon Lake’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Vermontville, NY: higher priced homes
- Rainbow Lake, NY: higher priced homes
- Sugarbush, NY: higher priced homes
- Onchiota, NY: less expensive homes
- Gabriels, NY: higher priced homes
- Brainardsville, NY: higher priced homes
- Bloomingdale, NY: higher priced homes
- Paul Smiths, NY: higher priced homes
- Franklin Falls, NY: higher priced homes
- Union Falls, NY: equally priced homes
Cities with Similar Populations
- Wilgus, OH: less expensive homes
- Woodstock, WI: higher priced homes
- Larsen Bay, AK: less expensive homes
- Woodside, LA: less expensive homes
- Lawrenceport, IN: equally priced homes
- Woodrow, WV: less expensive homes
- Woodbourne, PA: higher priced homes
- Leaksville Junction, VA: equally priced homes
- Williamsburg, IL: equally priced homes
- Loco Hills, NM: less expensive homes
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