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Affordable
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These days, finding an affordable place to live in the Wegan area can be challenging. Home prices in Wegan are now at a median cost of $228,306, lower than the Indiana average of $232,932.
The average cost of rent is $1,092/mo in Wegan, primarily driven by the current value of real estate in the Wegan area. In Wegan, 9.58% of households rent, and 41.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wegan is $7,400 per month. Households that rent pay about 14.76% of their income on rent here. Wegan’s most expensive areas are in the southwestern 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
- Brownstown, IN: less expensive homes
- Shields, IN: higher priced homes
- Vallonia, IN: equally priced homes
- Dudleytown, IN: higher priced homes
- New Elizabethtown, IN: higher priced homes
- Millport, IN: equally priced homes
- Kurtz, IN: less expensive homes
- Hangman Crossing, IN: higher priced homes
- Plattsburg, IN: less expensive homes
- Tampico, IN: less expensive homes
Cities with Similar Populations
- St. Anthony, WI: higher priced homes
- Gypsum, NY: less expensive homes
- Hallett, OK: less expensive homes
- Hammon, OK: less expensive homes
- Hartleton, PA: less expensive homes
- Hemlock, IN: equally priced homes
- Henrietta, MO: less expensive homes
- Hico, WV: less expensive homes
- High Shoals, NC: equally priced homes
- Jefferson, CO: higher priced homes
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