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These days, finding an affordable place to live in the Nixon area can be challenging. Home prices in Nixon are now at a median cost of $143,636, lower than the Tennessee average of $315,131.
The average cost of rent is $857/mo in Nixon, primarily driven by the current value of real estate in the Nixon area. In Nixon, 9.60% of households rent, and 67.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nixon is $3,452 per month. Households that rent pay about 24.84% of their income on rent here. Nixon’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pyburns, TN: less expensive homes
- Walkertown, TN: equally priced homes
- Pickwick Dam, TN: higher priced homes
- Savannah, TN: equally priced homes
- Counce, TN: higher priced homes
- Crossroads, TN: less expensive homes
- Lowryville, TN: equally priced homes
- Shiloh, TN: less expensive homes
- Tulu, TN: less expensive homes
- Crump, TN: higher priced homes
Cities with Similar Populations
- Calvary, GA: equally priced homes
- Centerfield, NY: higher priced homes
- Zion Station, KY: higher priced homes
- Catons Grove, TN: higher priced homes
- Cassel, CA: higher priced homes
- Cary, MS: less expensive homes
- Carpenter, SD: higher priced homes
- Carnes, MS: higher priced homes
- Carlisle Springs, PA: higher priced homes
- Carbon Hill, IL: higher priced homes
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