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Affordable
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These days, finding an affordable place to live in the Thelma area can be challenging. Home prices in Thelma are now at a median cost of $114,358, lower than the Kentucky average of $219,615.
The average cost of rent is $708/mo in Thelma, primarily driven by the current value of real estate in the Thelma area. In Thelma, 32.83% of households rent, and 39.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Thelma is $5,087 per month. Households that rent pay about 13.92% of their income on rent here. Thelma’s most expensive areas are in the eastern 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
- Williamsport, KY: higher priced homes
- Paintsville, KY: higher priced homes
- Tutor Key, KY: equally priced homes
- Meally, KY: higher priced homes
- West Van Lear, KY: higher priced homes
- Wittensville, KY: higher priced homes
- Collista, KY: less expensive homes
- River, KY: higher priced homes
- Van Lear, KY: higher priced homes
- Boons Camp, KY: equally priced homes
Cities with Similar Populations
- Canaan, VT: higher priced homes
- Clitherall, MN: higher priced homes
- Clarksburg, TN: higher priced homes
- Clarence, LA: higher priced homes
- Chilhowee, MO: higher priced homes
- Centralhatchee, GA: higher priced homes
- Castalia, IA: higher priced homes
- Carr, CO: higher priced homes
- Carlton, NY: higher priced homes
- Carloover, VA: higher priced homes
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