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These days, finding an affordable place to live in the Red Jacket area can be challenging. Home prices in Red Jacket are now at a median cost of $100,739, lower than the West Virginia average of $177,366.
The average cost of rent is $526/mo in Red Jacket, primarily driven by the current value of real estate in the Red Jacket area. In Red Jacket, 28.22% of households rent, and 87.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Red Jacket is $2,187 per month. Households that rent pay about 24.04% of their income on rent here. Red Jacket’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Varney, WV: less expensive homes
- North Matewan, WV: higher priced homes
- Matewan, WV: equally priced homes
- Taylorville, WV: equally priced homes
- Ragland, WV: equally priced homes
- McCarr, KY: less expensive homes
- Pie, WV: less expensive homes
- Lobata, WV: equally priced homes
- Rawl, WV: less expensive homes
- Edgarton, WV: higher priced homes
Cities with Similar Populations
- Kitty Fork, NC: higher priced homes
- Lake Center, MS: less expensive homes
- Lagunitas, CA: higher priced homes
- La Selva Beach, CA: higher priced homes
- La Sal, UT: higher priced homes
- La Grange, MI: higher priced homes
- La Anna, PA: higher priced homes
- Kotlik, AK: equally priced homes
- Kossuthville, FL: higher priced homes
- Lake City, CO: higher priced homes
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