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These days, finding an affordable place to live in the Nicholson area can be challenging. Home prices in Nicholson are now at a median cost of $191,209, higher than the Mississippi average of $183,008.
The average cost of rent is $987/mo in Nicholson, primarily driven by the current value of real estate in the Nicholson area. In Nicholson, 15.24% of households rent, and 54.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nicholson is $4,916 per month. Households that rent pay about 20.07% of their income on rent here. Nicholson’s most expensive areas are in the northeastern 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
- Ozona, MS: higher priced homes
- Picayune, MS: less expensive homes
- Carriere, MS: higher priced homes
- Necaise, MS: higher priced homes
- Industrial, MS: equally priced homes
- Kiln, MS: equally priced homes
- Cybur, MS: equally priced homes
- Dedeaux, MS: less expensive homes
- Hickory, LA: equally priced homes
- Crane Creek, MS: less expensive homes
Cities with Similar Populations
- Andover, NH: higher priced homes
- Yates Center, KS: less expensive homes
- Wheaton, MN: less expensive homes
- Westchester, CT: higher priced homes
- Wellington, UT: higher priced homes
- Washington, TX: higher priced homes
- Warthen, GA: less expensive homes
- Lovington, IL: less expensive homes
- Delco, NC: less expensive homes
- Darlington, IN: equally priced homes
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