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Affordable
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These days, finding an affordable place to live in the Spicer City area can be challenging. Home prices in Spicer City are now at a median cost of $316,087, lower than the California average of $812,006.
The average cost of rent is $1,041/mo in Spicer City, primarily driven by the current value of real estate in the Spicer City area. In Spicer City, 52.60% of households rent, and 44.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spicer City is $6,289 per month. Households that rent pay about 16.55% of their income on rent here. Spicer City’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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