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These days, finding an affordable place to live in the Wedgewood area can be challenging. Home prices in Wedgewood are now at a median cost of $151,107, lower than the New York average of $610,895.
The average cost of rent is $1,102/mo in Wedgewood, primarily driven by the current value of real estate in the Wedgewood area. In Wedgewood, 35.22% of households rent, and 46.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wedgewood is $5,295 per month. Households that rent pay about 20.81% of their income on rent here. Wedgewood’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
- Watkins Glen, NY: higher priced homes
- Montour Falls, NY: higher priced homes
- Moreland, NY: equally priced homes
- Townsend, NY: less expensive homes
- Odessa, NY: equally priced homes
- Beaver Dams, NY: equally priced homes
- Chambers, NY: equally priced homes
- Reading Center, NY: equally priced homes
- Millport, NY: equally priced homes
- Tyrone, NY: less expensive homes
Cities with Similar Populations
- South Blue Hill, ME: higher priced homes
- Slick Rock, CO: higher priced homes
- Sloan, NC: equally priced homes
- Smith Corners, NY: equally priced homes
- Smithland, TN: higher priced homes
- Smithview, KY: less expensive homes
- Smoky Valley, KY: equally priced homes
- Sni Mills, MO: higher priced homes
- Snodes, OH: equally priced homes
- Social Hill, AR: higher priced homes
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