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Affordable
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These days, finding an affordable place to live in the Philippi area can be challenging. Home prices in Philippi are now at a median cost of $291,699, lower than the Tennessee average of $315,131.
The average cost of rent is $1,271/mo in Philippi, primarily driven by the current value of real estate in the Philippi area. In Philippi, 16.94% of households rent, and 63.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Philippi is $5,947 per month. Households that rent pay about 21.37% of their income on rent here. Philippi’s most expensive areas are in the central 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
- Buckner, TN: equally priced homes
- Smithville, TN: less expensive homes
- Snows Hill, TN: equally priced homes
- Watkins, TN: less expensive homes
- Johnsons Chapel, TN: equally priced homes
- Silver Point, TN: equally priced homes
- Peeled Chestnut, TN: less expensive homes
- Temperance Hall, TN: higher priced homes
- Dowelltown, TN: equally priced homes
- Lancaster, TN: equally priced homes
Cities with Similar Populations
- Florence, IL: less expensive homes
- Durham, AR: less expensive homes
- East Lebanon, ME: higher priced homes
- East Lynn, WV: less expensive homes
- Elbing, KS: less expensive homes
- Elderon, WI: less expensive homes
- Elliott, IA: less expensive homes
- Esofea, WI: equally priced homes
- Flint, IN: less expensive homes
- Dull, TN: less expensive homes
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