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These days, finding an affordable place to live in the Wicomico area can be challenging. Home prices in Wicomico are now at a median cost of $492,147, higher than the Maryland average of $450,578.
The average cost of rent is $1,202/mo in Wicomico, primarily driven by the current value of real estate in the Wicomico area. In Wicomico, 6.20% of households rent, and 21.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wicomico is $12,542 per month. Households that rent pay about 9.58% of their income on rent here. Wicomico’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
- Newport, MD: higher priced homes
- Ryceville, MD: equally priced homes
- Faulkner, MD: equally priced homes
- Popes Creek, MD: less expensive homes
- Charlotte Hall, MD: less expensive homes
- Mount Victoria, MD: equally priced homes
- Newburg, MD: equally priced homes
- Chaptico, MD: less expensive homes
- Bel Alton, MD: equally priced homes
- Bryantown, MD: higher priced homes
Cities with Similar Populations
- Forest Hill, MS: less expensive homes
- Swedehome, NE: less expensive homes
- Superior, WY: less expensive homes
- Frink, FL: less expensive homes
- Frenchville, WI: less expensive homes
- Freidberger, MI: less expensive homes
- Frederick, IL: less expensive homes
- Frankel City, TX: less expensive homes
- Fourmile Corner, MI: less expensive homes
- Four Point, TN: less expensive homes
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