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These days, finding an affordable place to live in the Patoka area can be challenging. Home prices in Patoka are now at a median cost of $127,442, lower than the Illinois average of $300,242.
The average cost of rent is $805/mo in Patoka, primarily driven by the current value of real estate in the Patoka area. In Patoka, 12.36% of households rent, and 43.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Patoka is $5,570 per month. Households that rent pay about 14.44% of their income on rent here. Patoka’s most expensive areas are in the northwestern 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
- Vernon, IL: higher priced homes
- Shattuc, IL: higher priced homes
- Tonti, IL: higher priced homes
- Tamalco, IL: higher priced homes
- Shobonier, IL: higher priced homes
- Alma, IL: higher priced homes
- Sandoval, IL: less expensive homes
- Keyesport, IL: less expensive homes
- Odin, IL: equally priced homes
- Pleasant Mound, IL: higher priced homes
Cities with Similar Populations
- Harrison, GA: less expensive homes
- Theta, TN: higher priced homes
- Tatum, NM: less expensive homes
- Summersville, KY: less expensive homes
- Startex, SC: higher priced homes
- Star City, IN: equally priced homes
- Stanberry, WI: higher priced homes
- St. Paul, KS: less expensive homes
- St. Louis, OK: higher priced homes
- Spruce Head, ME: higher priced homes
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