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Affordable
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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 $316,274, higher than the Tennessee average of $315,131.
The average cost of rent is $1,098/mo in Siloam, primarily driven by the current value of real estate in the Siloam area. In Siloam, 17.34% of households rent, and 37.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Siloam is $7,263 per month. Households that rent pay about 15.12% 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
- Bledsoe, TN: equally priced homes
- Westmoreland, TN: less expensive homes
- Bransford, TN: equally priced homes
- Pleasant Grove, TN: less expensive homes
- Bethpage, TN: equally priced homes
- Chipman, TN: equally priced homes
- Nubia, TN: less expensive homes
- Adolphus, KY: less expensive homes
- Lafayette, TN: less expensive homes
- Corinth, TN: equally priced homes
Cities with Similar Populations
- Tschetter Colony, SD: equally priced homes
- Avon Park Lakes, FL: less expensive homes
- Babb, MT: less expensive homes
- Ballouville, CT: equally priced homes
- Beards Fork, WV: less expensive homes
- Treadwell, NY: less expensive homes
- Belen, MS: less expensive homes
- Truesdale, IA: less expensive homes
- Bellamy, AL: less expensive homes
- Aden, VA: higher priced homes
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