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These days, finding an affordable place to live in the Siloam area can be challenging. Home prices in Siloam are now at a median cost of $151,900, lower than the Kentucky average of $219,615.
The average cost of rent is $935/mo in Siloam, primarily driven by the current value of real estate in the Siloam area. In Siloam, 14.43% of households rent, and 48.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Siloam is $5,506 per month. Households that rent pay about 16.98% of their income on rent here. Siloam’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
- Maloneton, KY: less expensive homes
- New Boston, OH: less expensive homes
- South Shore, KY: less expensive homes
- Portsmouth, OH: less expensive homes
- Wheelersburg, OH: higher priced homes
- Garden City, OH: higher priced homes
- Rosemount, OH: equally priced homes
- Buckhorn, OH: higher priced homes
- Slocums, OH: less expensive homes
- South Portsmouth, KY: less expensive homes
Cities with Similar Populations
- Tinkerville, MO: less expensive homes
- Bunker, WA: higher priced homes
- Bunney, AR: less expensive homes
- Butler, SD: higher priced homes
- Butte, ID: equally priced homes
- Byron, OK: equally priced homes
- Caile, MS: less expensive homes
- Thunder Hawk, SD: equally priced homes
- Tidewater, VA: higher priced homes
- Bula, TX: higher priced homes
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