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Affordable
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These days, finding an affordable place to live in the Wealthwood area can be challenging. Home prices in Wealthwood are now at a median cost of $330,800, lower than the Minnesota average of $345,793.
The average cost of rent is $1,075/mo in Wealthwood, primarily driven by the current value of real estate in the Wealthwood area. In Wealthwood, 6.67% of households rent, and 52.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wealthwood is $5,580 per month. Households that rent pay about 19.26% of their income on rent here. Wealthwood’s most expensive areas are in the central 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
- Bennettville, MN: equally priced homes
- Glory, MN: less expensive homes
- Garrison, MN: less expensive homes
- Little Pine, MN: equally priced homes
- Aitkin, MN: less expensive homes
- Deerwood, MN: higher priced homes
- Glen, MN: equally priced homes
- Malmo, MN: less expensive homes
- Crosby Beach, MN: equally priced homes
- Rossburg, MN: less expensive homes
Cities with Similar Populations
- Jamison City, PA: less expensive homes
- Ingalls, AR: less expensive homes
- Ino, VA: equally priced homes
- Intracoastal City, LA: less expensive homes
- Ione, AR: less expensive homes
- Iowa Hill, CA: higher priced homes
- Ivor, KY: less expensive homes
- Jabez, KY: less expensive homes
- Jacktown, MD: equally priced homes
- Indian Springs, IN: less expensive homes
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