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These days, finding an affordable place to live in the Tow area can be challenging. Home prices in Tow are now at a median cost of $240,733, lower than the Texas average of $322,096.
The average cost of rent is $748/mo in Tow, primarily driven by the current value of real estate in the Tow area. In Tow, 9.78% of households rent, and 83.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tow is $4,885 per month. Households that rent pay about 15.32% of their income on rent here. Tow’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
- Buchanan Lake Village, TX: equally priced homes
- Bluffton, TX: higher priced homes
- Buchanan Dam, TX: higher priced homes
- Lone Grove, TX: higher priced homes
- Burnet, TX: higher priced homes
- Cherokee, TX: less expensive homes
- Llano, TX: equally priced homes
- Valley Spring, TX: higher priced homes
- Bertram, TX: higher priced homes
- Pontotoc, TX: higher priced homes
Cities with Similar Populations
- Waltonia, CO: higher priced homes
- Clarysville, MD: less expensive homes
- Clearwater, TN: less expensive homes
- Cleveland, ND: less expensive homes
- Clothier, WV: less expensive homes
- Clyde, AR: less expensive homes
- Compton, AR: equally priced homes
- Vale, WV: less expensive homes
- Wainville, WV: less expensive homes
- Wakatomika, OH: less expensive homes
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