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Affordable
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These days, finding an affordable place to live in the Richlands area can be challenging. Home prices in Richlands are now at a median cost of $212,057, lower than the North Carolina average of $323,314.
The average cost of rent is $1,293/mo in Richlands, primarily driven by the current value of real estate in the Richlands area. In Richlands, 21.24% of households rent, and 30.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Richlands is $5,607 per month. Households that rent pay about 23.07% of their income on rent here. Richlands’s most expensive areas are in the northeastern 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
- Ervintown, NC: less expensive homes
- Gum Branch, NC: higher priced homes
- Francktown, NC: higher priced homes
- Catherine Lake, NC: equally priced homes
- Huffmantown, NC: less expensive homes
- Half Moon, NC: higher priced homes
- Cedar Fork, NC: less expensive homes
- Hargetts Crossroads, NC: less expensive homes
- Chinquapin, NC: less expensive homes
- Potters Hill, NC: less expensive homes
Cities with Similar Populations
- Browns Mills, NJ: equally priced homes
- Cape May Court House, NJ: higher priced homes
- Canton, NC: higher priced homes
- Waterford, CT: higher priced homes
- Waterloo, IL: higher priced homes
- Webb City, MO: equally priced homes
- Welby, CO: higher priced homes
- Burtonsville, MD: higher priced homes
- Bulverde, TX: higher priced homes
- Brushy Creek, TX: higher priced homes
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