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These days, finding an affordable place to live in the Mohawk area can be challenging. Home prices in Mohawk are now at a median cost of $328,286, higher than the Indiana average of $232,932.
The average cost of rent is $1,250/mo in Mohawk, primarily driven by the current value of real estate in the Mohawk area. In Mohawk, 13.80% of households rent, and 36.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mohawk is $8,924 per month. Households that rent pay about 14.01% of their income on rent here. Mohawk’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Woodbury, IN: less expensive homes
- Philadelphia, IN: less expensive homes
- Maxwell, IN: less expensive homes
- Greenfield, IN: less expensive homes
- Finly, IN: less expensive homes
- Mount Comfort, IN: less expensive homes
- Spring Lake, IN: less expensive homes
- McCordsville, IN: higher priced homes
- Gem, IN: less expensive homes
- Fortville, IN: higher priced homes
Cities with Similar Populations
- Halbur, IA: less expensive homes
- Spring Glen, WA: higher priced homes
- South Plymouth, NY: less expensive homes
- Smileyville, KS: less expensive homes
- Hayden, AZ: less expensive homes
- Hardwick, MN: less expensive homes
- Harbin, TX: equally priced homes
- Hanley, IA: less expensive homes
- Handle, MS: less expensive homes
- Springville, OH: less expensive homes
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