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These days, finding an affordable place to live in the Oaktown area can be challenging. Home prices in Oaktown are now at a median cost of $113,921, lower than the Indiana average of $232,932.
The average cost of rent is $740/mo in Oaktown, primarily driven by the current value of real estate in the Oaktown area. In Oaktown, 27.62% of households rent, and 56.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oaktown is $4,093 per month. Households that rent pay about 18.07% of their income on rent here. Oaktown’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Emison, IN: higher priced homes
- Freelandville, IN: higher priced homes
- Bruceville, IN: higher priced homes
- Russellville, IL: less expensive homes
- Johnstown, IN: higher priced homes
- Carlisle, IN: equally priced homes
- Heathsville, IL: higher priced homes
- Edwardsport, IN: less expensive homes
- Bicknell, IN: less expensive homes
- Riverton, IN: higher priced homes
Cities with Similar Populations
- Ward, SC: equally priced homes
- Chancellor, AL: higher priced homes
- Chilmark, MA: higher priced homes
- Clarissa, MN: higher priced homes
- Claudville, VA: higher priced homes
- Clermont, IN: higher priced homes
- Dahlgren, IL: equally priced homes
- Dexter, KY: equally priced homes
- Drakes Branch, VA: higher priced homes
- Cotopaxi, CO: higher priced homes
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