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These days, finding an affordable place to live in the Phillipsville area can be challenging. Home prices in Phillipsville are now at a median cost of $171,400, lower than the Michigan average of $250,415.
The average cost of rent is $2,141/mo in Phillipsville, primarily driven by the current value of real estate in the Phillipsville area. In Phillipsville, 9.62% of households rent, and 60.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Phillipsville is $7,099 per month. Households that rent pay about 30.16% of their income on rent here. Phillipsville’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
- Kearsarge, MI: less expensive homes
- Copper City, MI: equally priced homes
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- Allouez, MI: less expensive homes
- Laurium, MI: less expensive homes
- Calumet, MI: less expensive homes
- Bumbletown, MI: less expensive homes
- Centennial Heights, MI: equally priced homes
- Osceola, MI: less expensive homes
- Swedetown, MI: less expensive homes
Cities with Similar Populations
- Leora, MO: less expensive homes
- Lawen, OR: higher priced homes
- Lead Mine, WI: higher priced homes
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- Lebanon, SD: less expensive homes
- Lee Valley, TN: higher priced homes
- Leeds, IL: less expensive homes
- LeGrande, KY: less expensive homes
- Leidy, PA: less expensive homes
- Leighton, KY: less expensive homes
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