Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Parsons area can be challenging. Home prices in Parsons are now at a median cost of $131,917, lower than the Wilkes-Barre average of $133,789.
The average cost of rent is $1,058/mo in Parsons, primarily driven by the current value of real estate in the Parsons area. In Parsons, 37.98% of households rent, and 53.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parsons is $4,116 per month. Households that rent pay about 25.70% of their income on rent here. Parsons’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- North End, Wilkes-Barre, PA: less expensive homes
- Mayflower, Wilkes-Barre, PA: less expensive homes
- Rolling Mill Hill, Wilkes-Barre, PA: equally priced homes
- South Side, Scranton, PA: equally priced homes
- West Side, Scranton, PA: equally priced homes
- Downtown, Scranton, PA: higher priced homes
- The Hill Section, Scranton, PA: higher priced homes
- Petersburg, Scranton, PA: higher priced homes
- Providence, Scranton, PA: equally priced homes
- Green Ridge, Scranton, PA: higher priced homes
Neighborhoods with Similar Populations
- Downtown Juneau, Juneau, AK: higher priced homes
- Waters, Lubbock, TX: higher priced homes
- Vinton Street, Omaha, NE: higher priced homes
- Vale and Eastern Avenue, Schenectady, NY: higher priced homes
- South Hill, Bellingham, WA: higher priced homes
- East Congress, Austin, TX: higher priced homes
- East Campus, Lincoln, NE: higher priced homes
- Downtown, Superior, WI: equally priced homes
- Downtown San Antonio, San Antonio, TX: higher priced homes
- Downtown North East, North East, PA: higher priced homes
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