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Affordable
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These days, finding an affordable place to live in the Richton area can be challenging. Home prices in Richton are now at a median cost of $139,992, lower than the Mississippi average of $183,008.
The average cost of rent is $752/mo in Richton, primarily driven by the current value of real estate in the Richton area. In Richton, 19.41% of households rent, and 61.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Richton is $4,909 per month. Households that rent pay about 15.32% of their income on rent here. Richton’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- East Side, MS: higher priced homes
- Good Hope, MS: equally priced homes
- McSwain, MS: higher priced homes
- Rhodes, MS: equally priced homes
- Piave, MS: equally priced homes
- Hintonville, MS: less expensive homes
- Ovett, MS: higher priced homes
- New Augusta, MS: less expensive homes
- Mahned, MS: less expensive homes
- Neely, MS: less expensive homes
Cities with Similar Populations
- Clearwater, MN: higher priced homes
- Midway, NC: higher priced homes
- Windsor, VT: higher priced homes
- Wilsonville, AL: higher priced homes
- Watertown, TN: higher priced homes
- Union, MS: less expensive homes
- Tunica, MS: higher priced homes
- Stonington, CT: higher priced homes
- Stockbridge, MI: higher priced homes
- Seneca, MO: higher priced homes
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