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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 $268,900, lower than the Virginia average of $443,089.
The average cost of rent is $1,299/mo in Wicomico, primarily driven by the current value of real estate in the Wicomico area. In Wicomico, 17.86% of households rent, and 48.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wicomico is $6,954 per month. Households that rent pay about 18.68% 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
- Hayes, VA: higher priced homes
- Gloucester Point, VA: higher priced homes
- Selden, VA: higher priced homes
- Clay Bank, VA: higher priced homes
- Queens Lake, VA: higher priced homes
- Lackey, VA: higher priced homes
- Naxera, VA: higher priced homes
- Gloucester Courthouse, VA: higher priced homes
- Gloucester, VA: higher priced homes
- Nuttall, VA: higher priced homes
Cities with Similar Populations
- Dunlap, CA: higher priced homes
- DeFoe, KY: equally priced homes
- Delphi, OH: less expensive homes
- DeSmet, MO: less expensive homes
- Diamond, AL: equally priced homes
- Dickensonville, VA: less expensive homes
- Dill City, OK: less expensive homes
- Dixon, MS: less expensive homes
- Donegal, PA: less expensive homes
- Dannebrog, NE: less expensive homes
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