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Affordable
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These days, finding an affordable place to live in the Vulcan area can be challenging. Home prices in Vulcan are now at a median cost of $170,487, lower than the Michigan average of $250,415.
The average cost of rent is $826/mo in Vulcan, primarily driven by the current value of real estate in the Vulcan area. In Vulcan, 11.05% of households rent, and 57.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vulcan is $6,170 per month. Households that rent pay about 13.39% of their income on rent here. Vulcan’s most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Loretto, MI: equally priced homes
- Waucedah, MI: higher priced homes
- Norway, MI: less expensive homes
- Quinnesec, MI: higher priced homes
- Niagara, WI: less expensive homes
- Hermansville, MI: less expensive homes
- Nathan, MI: less expensive homes
- Iron Mountain, MI: equally priced homes
- Kingsford, MI: less expensive homes
- Pembine, WI: less expensive homes
Cities with Similar Populations
- Rochester, VT: higher priced homes
- Newell, SD: higher priced homes
- Nome, TX: higher priced homes
- Oakville, VA: higher priced homes
- Olean, MO: higher priced homes
- Packwood, WA: higher priced homes
- Paint, PA: less expensive homes
- Potter, WI: higher priced homes
- Printer, KY: less expensive homes
- Quebeck, TN: higher priced homes
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