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These days, finding an affordable place to live in the Norton area can be challenging. Home prices in Norton are now at a median cost of $113,530, lower than the Texas average of $322,096.
The average cost of rent is $918/mo in Norton, primarily driven by the current value of real estate in the Norton area. In Norton, 21.76% of households rent, and 70.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Norton is $5,651 per month. Households that rent pay about 16.25% of their income on rent here. Norton’s most expensive areas are in the southern 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
- Wilmeth, TX: equally priced homes
- Bronte, TX: higher priced homes
- Hatchel, TX: equally priced homes
- Tennyson, TX: higher priced homes
- Ballinger, TX: equally priced homes
- Winters, TX: less expensive homes
- Blanton, TX: higher priced homes
- Robert Lee, TX: less expensive homes
- Talpa, TX: equally priced homes
- Glen Cove, TX: equally priced homes
Cities with Similar Populations
- Altair, TX: higher priced homes
- Attica Junction, OH: higher priced homes
- Ashton Corners, WI: higher priced homes
- Arthur, WV: higher priced homes
- Art, TX: higher priced homes
- Apulia Station, NY: higher priced homes
- Annemanie, AL: higher priced homes
- Andover, VT: higher priced homes
- Amidon, ND: higher priced homes
- America, AL: less expensive homes
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