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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 $209,738, lower than the Texas average of $322,096.
The average cost of rent is $902/mo in Salmon, primarily driven by the current value of real estate in the Salmon area. In Salmon, 8.31% of households rent, and 60.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Salmon is $5,931 per month. Households that rent pay about 15.20% of their income on rent here. Salmon’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elkhart, TX: equally priced homes
- Slocum, TX: higher priced homes
- Grapeland, TX: less expensive homes
- Mound City, TX: equally priced homes
- Percilla, TX: less expensive homes
- Refuge, TX: higher priced homes
- Reynard, TX: equally priced homes
- Tucker, TX: equally priced homes
- Long Lake, TX: equally priced homes
- Belott, TX: equally priced homes
Cities with Similar Populations
- Earlville, IA: less expensive homes
- Clarks Hill, IN: equally priced homes
- Cocolalla, ID: higher priced homes
- Conewango Valley, NY: less expensive homes
- Conrath, WI: less expensive homes
- Cooksville, MD: higher priced homes
- Corsica, PA: less expensive homes
- Courtland, MN: higher priced homes
- Dallas City, IL: less expensive homes
- Deary, ID: higher priced homes
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