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These days, finding an affordable place to live in the Salisbury area can be challenging. Home prices in Salisbury are now at a median cost of $797,308, higher than the Connecticut average of $418,901.
The average cost of rent is $1,962/mo in Salisbury, primarily driven by the current value of real estate in the Salisbury area. In Salisbury, 33.41% of households rent, and 47.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Salisbury is $10,029 per month. Households that rent pay about 19.56% of their income on rent here. Salisbury’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Taconic, CT: equally priced homes
- Lakeville, CT: equally priced homes
- Canaan, CT: less expensive homes
- Falls Village, CT: less expensive homes
- Lime Rock, CT: less expensive homes
- South Canaan, CT: less expensive homes
- Ashley Falls, MA: less expensive homes
- Millerton, NY: less expensive homes
- East Canaan, CT: less expensive homes
- Mount Washington, MA: less expensive homes
Cities with Similar Populations
- Hill City, MN: less expensive homes
- Terrytown, NE: less expensive homes
- Terre Hill, PA: less expensive homes
- Ten Mile, MS: less expensive homes
- Tamassee, SC: less expensive homes
- Loganville, PA: less expensive homes
- Hydesville, CA: less expensive homes
- Huntley, MT: less expensive homes
- Hooverson Heights, WV: less expensive homes
- The Galena Territory, IL: less expensive homes
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