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These days, finding an affordable place to live in the Peacock area can be challenging. Home prices in Peacock are now at a median cost of $158,904, lower than the Michigan average of $250,415.
The average cost of rent is $792/mo in Peacock, primarily driven by the current value of real estate in the Peacock area. In Peacock, 9.75% of households rent, and 57.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peacock is $4,593 per month. Households that rent pay about 17.24% of their income on rent here. Peacock’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Irons, MI: equally priced homes
- Luther, MI: less expensive homes
- Baldwin, MI: less expensive homes
- Branch, MI: equally priced homes
- Wellston, MI: equally priced homes
- Hoxeyville, MI: equally priced homes
- Tallman, MI: equally priced homes
- Idlewild, MI: less expensive homes
- Nirvana, MI: less expensive homes
- Fountain, MI: equally priced homes
Cities with Similar Populations
- Sedan, NE: less expensive homes
- Monarch, CO: higher priced homes
- Sargents, CO: higher priced homes
- Satolah, GA: higher priced homes
- Sattley, CA: higher priced homes
- Savoy, MT: less expensive homes
- Sayre, AR: less expensive homes
- Scholls, OR: higher priced homes
- Schrader, OH: equally priced homes
- Schuchk, AZ: less expensive homes
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