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Affordable
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These days, finding an affordable place to live in the Rico area can be challenging. Home prices in Rico are now at a median cost of $118,500, lower than the North Carolina average of $323,314.
The average cost of rent is $929/mo in Rico, primarily driven by the current value of real estate in the Rico area. In Rico, 19.50% of households rent, and 56.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rico is $3,715 per month. Households that rent pay about 25.01% of their income on rent here. Rico’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
- Rosindale, NC: higher priced homes
- Jonesboro Crossing, NC: equally priced homes
- Hallsboro, NC: higher priced homes
- Wananish, NC: higher priced homes
- Clarkton, NC: higher priced homes
- Wootens Crossroads, NC: higher priced homes
- Lake Waccamaw, NC: higher priced homes
- Honey Hill, NC: less expensive homes
- Council, NC: higher priced homes
- Lisbon, NC: higher priced homes
Cities with Similar Populations
- Pedro, SD: higher priced homes
- Redford, TX: less expensive homes
- Red River Hot Springs, ID: higher priced homes
- Red Line, IA: higher priced homes
- Radium, TX: higher priced homes
- Piper, IA: equally priced homes
- Pine, PA: higher priced homes
- Perintown, OH: higher priced homes
- Pennington, AR: less expensive homes
- Redig, SD: higher priced homes
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