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These days, finding an affordable place to live in the Powers area can be challenging. Home prices in Powers are now at a median cost of $162,875, lower than the Michigan average of $250,415.
The average cost of rent is $667/mo in Powers, primarily driven by the current value of real estate in the Powers area. In Powers, 15.04% of households rent, and 50.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Powers is $4,365 per month. Households that rent pay about 15.29% of their income on rent here. Powers’s most expensive areas are in the northwestern 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
- Spalding, MI: higher priced homes
- Hermansville, MI: less expensive homes
- Nadeau, MI: equally priced homes
- Carney, MI: higher priced homes
- Wilson, MI: higher priced homes
- Harris, MI: higher priced homes
- Whitney, MI: higher priced homes
- Waucedah, MI: higher priced homes
- Nathan, MI: equally priced homes
- Schaffer, MI: higher priced homes
Cities with Similar Populations
- Carolina, AL: equally priced homes
- Box, OK: equally priced homes
- Buckland, OH: higher priced homes
- Buncombe, IL: less expensive homes
- Butters, NC: less expensive homes
- Caledonia, MO: less expensive homes
- Campbellsport, OH: higher priced homes
- Weldona, CO: higher priced homes
- West Bloomfield, NY: less expensive homes
- West Petersburg, VA: higher priced homes
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