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Affordable
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These days, finding an affordable place to live in the Tovey area can be challenging. Home prices in Tovey are now at a median cost of $94,880, lower than the Illinois average of $300,242.
The average cost of rent is $935/mo in Tovey, primarily driven by the current value of real estate in the Tovey area. In Tovey, 10.21% of households rent, and 35.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tovey is $7,198 per month. Households that rent pay about 12.99% of their income on rent here. Tovey’s most expensive areas are in the southeastern 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
- Bulpitt, IL: higher priced homes
- Kincaid, IL: equally priced homes
- Jeisyville, IL: higher priced homes
- Jeiseyville, IL: higher priced homes
- Sicily, IL: equally priced homes
- Edinburg, IL: higher priced homes
- Sharpsburg, IL: higher priced homes
- Pawnee, IL: higher priced homes
- New City, IL: higher priced homes
- Palmer, IL: higher priced homes
Cities with Similar Populations
- Clifton, WI: higher priced homes
- West Foxboro, MA: higher priced homes
- West Andrews, SC: higher priced homes
- Wayside, WI: higher priced homes
- Wardell, MO: less expensive homes
- Walnut, IN: higher priced homes
- Walnut Hill, LA: higher priced homes
- Wallonia, KY: higher priced homes
- Waco, KS: higher priced homes
- Vineland, FL: higher priced homes
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