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These days, finding an affordable place to live in the Powell area can be challenging. Home prices in Powell are now at a median cost of $288,429, higher than the Wisconsin average of $280,373.
The average cost of rent is $717/mo in Powell, primarily driven by the current value of real estate in the Powell area. In Powell, 24.80% of households rent, and 60.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Powell is $4,593 per month. Households that rent pay about 15.62% of their income on rent here. Powell’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Manitowish Waters, WI: higher priced homes
- Lac Du Flambeau, WI: higher priced homes
- Boulder Junction, WI: higher priced homes
- Mercer, WI: equally priced homes
- Arbor Vitae, WI: equally priced homes
- Winchester, WI: higher priced homes
- Presque Isle, WI: higher priced homes
- Springstead, WI: equally priced homes
- Woodruff, WI: equally priced homes
- Minocqua, WI: higher priced homes
Cities with Similar Populations
- Wendell, NH: higher priced homes
- Cowlesville, OH: less expensive homes
- Cox, FL: less expensive homes
- Coxville, IN: less expensive homes
- Coy, AR: less expensive homes
- Crawford, OK: less expensive homes
- Creamery, WV: less expensive homes
- Creston, SC: less expensive homes
- Wales, TN: less expensive homes
- Waresville, GA: less expensive homes
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