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These days, finding an affordable place to live in the Ricetown area can be challenging. Home prices in Ricetown are now at a median cost of $81,687, lower than the Kentucky average of $219,615.
The average cost of rent is $424/mo in Ricetown, primarily driven by the current value of real estate in the Ricetown area. In Ricetown, 2.40% of households rent, and 78.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ricetown is $2,206 per month. Households that rent pay about 19.22% of their income on rent here. Ricetown’s most expensive areas are in the southwestern 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
- Taft, KY: equally priced homes
- Cowcreek, KY: less expensive homes
- Booneville, KY: less expensive homes
- Chestnut Gap, KY: less expensive homes
- Teges, KY: less expensive homes
- Scoville, KY: higher priced homes
- Buckhorn, KY: less expensive homes
- Endee, KY: higher priced homes
- Blake, KY: higher priced homes
- Levi, KY: higher priced homes
Cities with Similar Populations
- Moscow, MS: equally priced homes
- Minter, AL: less expensive homes
- Mitchell Heights, WV: higher priced homes
- Moccasin, IL: higher priced homes
- Molino, MO: higher priced homes
- Mongo, IN: higher priced homes
- Monroe Mills, OH: higher priced homes
- Moores Mill, MS: higher priced homes
- Mooreville, TX: higher priced homes
- Moose, WY: higher priced homes
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