
Affordable
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These days, finding an affordable place to live in the McGowan area can be challenging. Home prices in McGowan are now at a median cost of $169,100, lower than the Kentucky average of $219,615.
The average cost of rent is $768/mo in McGowan, primarily driven by the current value of real estate in the McGowan area. In McGowan, 1.86% of households rent, and 56.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McGowan is $7,156 per month. Households that rent pay about 10.73% of their income on rent here. McGowan’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Princeton, KY: less expensive homes
- Hopson, KY: higher priced homes
- Dulaney, KY: less expensive homes
- Scottsburg, KY: less expensive homes
- Pumpkin Center, KY: less expensive homes
- Lamasco, KY: higher priced homes
- Cobb, KY: equally priced homes
- Crowtown, KY: equally priced homes
- Saratoga, KY: higher priced homes
- Crider, KY: less expensive homes
Cities with Similar Populations
- Palsgrove, IL: higher priced homes
- Pocono Manor, PA: higher priced homes
- Plymptonville, PA: less expensive homes
- Pliny, WV: less expensive homes
- Pleasant Run, WV: less expensive homes
- Paraje, NM: less expensive homes
- Paradise, IL: higher priced homes
- Pansy, AR: less expensive homes
- Panacoochee Retreats, FL: higher priced homes
- Point Caswell, NC: less expensive homes
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