Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Thornton area can be challenging. Home prices in Thornton are now at a median cost of $170,516, lower than the Michigan average of $196,062.
The average cost of rent is $944/mo in Thornton, primarily driven by the current value of real estate in the Thornton area. While nearly 37.13% of residents own their homes outright in Thornton, 7.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Thornton is $4,806 per month. Households that rent pay about 19.65% of their income on rent here. Thornton's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Goodells, MI: higher priced homes
- Smiths Creek, MI: less expensive homes
- Ruby, MI: equally priced homes
- North Street, MI: higher priced homes
- Rattle Run, MI: higher priced homes
- Avoca, MI: higher priced homes
- Columbus, MI: higher priced homes
- Mount Vernon, MI: higher priced homes
- Marysville, MI: less expensive homes
- Memphis, MI: higher priced homes
Cities with Similar Populations
- Everetts, NC: less expensive homes
- Tito, VA: less expensive homes
- Tillman, SC: less expensive homes
- Taylorshire, NY: higher priced homes
- Sun River Terrace, IL: less expensive homes
- Summerfield, IL: equally priced homes
- Sugarloaf, CA: higher priced homes
- Styx, TX: less expensive homes
- Granville Center, MA: higher priced homes
- Goldfield, IA: less expensive homes
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