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These days, finding an affordable place to live in the Raccoon Island area can be challenging. Home prices in Raccoon Island are now at a median cost of $213,296, lower than the Ohio average of $236,816.
The average cost of rent is $781/mo in Raccoon Island, primarily driven by the current value of real estate in the Raccoon Island area. In Raccoon Island, 10.60% of households rent, and 38.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Raccoon Island is $5,894 per month. Households that rent pay about 13.26% of their income on rent here. Raccoon Island’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
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Cities with Similar Populations
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- Charleston, KY: less expensive homes
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