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Affordable
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These days, finding an affordable place to live in the Rich area can be challenging. Home prices in Rich are now at a median cost of $343,800, higher than the Tennessee average of $315,131.
The average cost of rent is $821/mo in Rich, primarily driven by the current value of real estate in the Rich area. In Rich, 28.90% of households rent, and 62.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rich is $3,460 per month. Households that rent pay about 23.73% of their income on rent here. Rich’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
- Yokley, TN: equally priced homes
- Campbellsville, TN: less expensive homes
- Screamer, TN: equally priced homes
- Waco, TN: equally priced homes
- Southport, TN: less expensive homes
- Lynnville, TN: less expensive homes
- Three Oaks, TN: less expensive homes
- Rockdale, TN: less expensive homes
- Wales, TN: less expensive homes
- Sandy Hook, TN: less expensive homes
Cities with Similar Populations
- Rome, IA: less expensive homes
- North Jay, NY: less expensive homes
- North Lyndon, ME: less expensive homes
- North Morenci, MI: less expensive homes
- North Norwich, NY: less expensive homes
- Okauchee Lake, WI: higher priced homes
- Oleta, OK: less expensive homes
- Roberts, OH: less expensive homes
- Robeson Extension, PA: less expensive homes
- Rockleigh, NJ: higher priced homes
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