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Affordable
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These days, finding an affordable place to live in the Pierson area can be challenging. Home prices in Pierson are now at a median cost of $181,019, lower than the Illinois average of $300,242.
The average cost of rent is $658/mo in Pierson, primarily driven by the current value of real estate in the Pierson area. In Pierson, 23.49% of households rent, and 49.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pierson is $7,579 per month. Households that rent pay about 8.68% of their income on rent here. Pierson’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Atwood, IL: less expensive homes
- Hammond, IL: less expensive homes
- Williamsburg, IL: higher priced homes
- Garrett, IL: higher priced homes
- Arthur, IL: equally priced homes
- Voorhies, IL: less expensive homes
- Lintner, IL: less expensive homes
- Lovington, IL: less expensive homes
- Bodman, IL: less expensive homes
- Cadwell, IL: higher priced homes
Cities with Similar Populations
- Garrattsville, NY: higher priced homes
- Woodworth, MT: higher priced homes
- Worthington, MO: less expensive homes
- Wyatts, NY: higher priced homes
- Girard, LA: equally priced homes
- Yates, MO: equally priced homes
- Yeoman, IN: equally priced homes
- Gibbstown, LA: higher priced homes
- Geyser, MT: higher priced homes
- Gethsemane, TX: less expensive homes
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