Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Salmon area can be challenging. Home prices in Salmon are now at a median cost of $189,517, higher than the Kentucky average of $164,895.
The average cost of rent is $1,054/mo in Salmon, primarily driven by the current value of real estate in the Salmon area. While nearly 50.68% of residents own their homes outright in Salmon, 15.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Salmon is $5,719 per month. Households that rent pay about 18.44% of their income on rent here. Salmon's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Franklin, KY: less expensive homes
- Woodburn, KY: less expensive homes
- Hickory Flat, KY: less expensive homes
- Neosheo, KY: less expensive homes
- South Union, KY: less expensive homes
- Matlock, KY: equally priced homes
- Rich Pond, KY: equally priced homes
- Middleton, KY: less expensive homes
- Petros, KY: less expensive homes
- Mitchellville, TN: higher priced homes
Cities with Similar Populations
- Henrietta, PA: less expensive homes
- Houghton, IA: less expensive homes
- Hooper, MI: equally priced homes
- Holcomb, WA: higher priced homes
- Hissop, AL: higher priced homes
- Hinson Crossroads, NC: less expensive homes
- Hinsdale, MT: less expensive homes
- Hillsboro, NM: higher priced homes
- Hillcrest, MI: less expensive homes
- Hightown, MS: less expensive homes
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