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Affordable
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These days, finding an affordable place to live in the Tram area can be challenging. Home prices in Tram are now at a median cost of $158,172, lower than the Kentucky average of $219,615.
The average cost of rent is $927/mo in Tram, primarily driven by the current value of real estate in the Tram area. In Tram, 31.16% of households rent, and 70.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tram is $5,564 per month. Households that rent pay about 16.67% of their income on rent here. Tram’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ivel, KY: less expensive homes
- Stanville, KY: equally priced homes
- Betsy Layne, KY: less expensive homes
- Banner, KY: less expensive homes
- Dana, KY: equally priced homes
- Harold, KY: less expensive homes
- Allen, KY: less expensive homes
- Coal Run Village, KY: equally priced homes
- Printer, KY: less expensive homes
- Dwale, KY: less expensive homes
Cities with Similar Populations
- Winfield, GA: higher priced homes
- Centerville, MT: higher priced homes
- Ceres, NY: less expensive homes
- Zimco, AL: equally priced homes
- Charlieville, LA: equally priced homes
- Chartley, MA: higher priced homes
- Chatham, NH: higher priced homes
- Woodardville, LA: equally priced homes
- Wolf Mountain, NC: higher priced homes
- Winona, WV: less expensive homes
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