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Affordable
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These days, finding an affordable place to live in the Pence area can be challenging. Home prices in Pence are now at a median cost of $111,879, lower than the Wisconsin average of $280,373.
The average cost of rent is $928/mo in Pence, primarily driven by the current value of real estate in the Pence area. In Pence, 6.23% of households rent, and 53.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pence is $4,779 per month. Households that rent pay about 19.41% of their income on rent here. Pence’s most expensive areas are in the central 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
- Montreal, WI: equally priced homes
- Iron Belt, WI: higher priced homes
- Gile, WI: less expensive homes
- Hurley, WI: equally priced homes
- Kimball, WI: higher priced homes
- Upson, WI: higher priced homes
- Van Buskirk, WI: higher priced homes
- Ironwood, MI: less expensive homes
- Hillcrest, MI: higher priced homes
- Hautala Corner, MI: higher priced homes
Cities with Similar Populations
- Maloy, IA: higher priced homes
- Luning, NV: less expensive homes
- Lyman, SD: higher priced homes
- Lyonsville, WV: less expensive homes
- Macedonia, CT: higher priced homes
- Mackey, NY: higher priced homes
- Macks, AR: less expensive homes
- MacMahan, ME: higher priced homes
- Macwahoc, ME: equally priced homes
- Madonnaville, IL: higher priced homes
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