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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 $202,675, lower than the Pennsylvania average of $288,156.
The average cost of rent is $1,056/mo in Nicholson, primarily driven by the current value of real estate in the Nicholson area. In Nicholson, 16.51% of households rent, and 50.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nicholson is $5,954 per month. Households that rent pay about 17.73% of their income on rent here. Nicholson’s most expensive areas are in the southeastern 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
- Royal, PA: higher priced homes
- Fleetville, PA: higher priced homes
- Hop Bottom, PA: equally priced homes
- East Lemon, PA: higher priced homes
- East Benton, PA: higher priced homes
- West Lenox, PA: higher priced homes
- Factoryville, PA: higher priced homes
- Walls Corners, PA: higher priced homes
- Dalton, PA: higher priced homes
- Lenoxville, PA: higher priced homes
Cities with Similar Populations
- Belmont, MS: less expensive homes
- Clarksville, MI: higher priced homes
- Frenchtown, MT: higher priced homes
- Baileyton, AL: less expensive homes
- Green Lake, WI: higher priced homes
- Horseshoe Bend, AR: less expensive homes
- Maidens, VA: higher priced homes
- Proctor, VT: equally priced homes
- Red Rock, AZ: higher priced homes
- Redland, TX: higher priced homes
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