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These days, finding an affordable place to live in the Richmond Factory area can be challenging. Home prices in Richmond Factory are now at a median cost of $115,641, lower than the Augusta average of $165,031.
The average cost of rent is $875/mo in Richmond Factory, primarily driven by the current value of real estate in the Richmond Factory area. While nearly 41.90% of residents own their homes outright in Richmond Factory, 52.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Richmond Factory is $4,087 per month. Households that rent pay about 21.41% of their income on rent here. Richmond Factory's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the neighborhood.
Nearby Neighborhoods
- Pepperidge, Augusta, GA: higher priced homes
- Jamestown, Hephzibah, GA: higher priced homes
- Windsor Spring, Hephzibah, GA: equally priced homes
- Southside, Augusta, GA: less expensive homes
- Meadowbrook, Augusta, GA: less expensive homes
- Goshen, Augusta, GA: higher priced homes
- Old Savannah, Augusta, GA: less expensive homes
- Richmond Hill, Augusta, GA: less expensive homes
- Barton Chapel, Augusta, GA: less expensive homes
- Wheeless Road, Augusta, GA: less expensive homes
Neighborhoods with Similar Populations
- West Park, Allentown, PA: higher priced homes
- Foxcroft, Charlotte, NC: higher priced homes
- Fulton, Minneapolis, MN: higher priced homes
- Gardenside-Colony, Lexington, KY: higher priced homes
- Greenville, Scarsdale, NY: higher priced homes
- West Urbana, Urbana, IL: higher priced homes
- Hartwell, Cincinnati, OH: equally priced homes
- Highland Park, Seattle, WA: higher priced homes
- Hyde Park, Austin, TX: higher priced homes
- Jacksonville Farms-Terrace, Jacksonville, FL: higher priced homes
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