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These days, finding an affordable place to live in the Racola area can be challenging. Home prices in Racola are now at a median cost of $180,667, lower than the Missouri average of $246,641.
The average cost of rent is $693/mo in Racola, primarily driven by the current value of real estate in the Racola area. In Racola, 0.00% of households rent, and 14.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Racola is $3,528 per month. Households that rent pay about 19.63% of their income on rent here. Racola’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cruise Mill, MO: equally priced homes
- Cadet, MO: less expensive homes
- Happy Hollow, MO: equally priced homes
- Blackwell, MO: less expensive homes
- Bliss, MO: less expensive homes
- Shibboleth, MO: less expensive homes
- Fertile, MO: less expensive homes
- Tiff, MO: less expensive homes
- Potosi, MO: less expensive homes
- Fletcher, MO: equally priced homes
Cities with Similar Populations
- Mount Salem, NJ: higher priced homes
- Moran, TX: less expensive homes
- Morrill, MN: higher priced homes
- Morristown, IL: less expensive homes
- Morrow, LA: less expensive homes
- Motley, VA: less expensive homes
- Mottville, NY: higher priced homes
- Mount Carmel, SC: less expensive homes
- Mount Salem, KY: less expensive homes
- Moorhead, IA: less expensive homes
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