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These days, finding an affordable place to live in the Wilmot area can be challenging. Home prices in Wilmot are now at a median cost of $90,284, lower than the Arkansas average of $207,061.
The average cost of rent is $574/mo in Wilmot, primarily driven by the current value of real estate in the Wilmot area. In Wilmot, 20.51% of households rent, and 75.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wilmot is $2,334 per month. Households that rent pay about 24.60% of their income on rent here. Wilmot’s most expensive areas are in the southeastern 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
- Parkdale, AR: equally priced homes
- Jones, LA: equally priced homes
- McGinty, LA: equally priced homes
- Sunshine, AR: higher priced homes
- Concord, LA: higher priced homes
- Bonita, LA: equally priced homes
- Berlin, AR: higher priced homes
- Indian, AR: higher priced homes
- Terry, LA: higher priced homes
- Kilbourne, LA: equally priced homes
Cities with Similar Populations
- Tara, IA: higher priced homes
- Elbe, WA: higher priced homes
- Etna, KY: higher priced homes
- Fairbanks, ME: higher priced homes
- Fetterman, WV: higher priced homes
- Glens Fork, KY: higher priced homes
- Stiles, WI: higher priced homes
- Stony Hill, MO: higher priced homes
- Sturdivant, TX: higher priced homes
- Sugar Mountain, NC: higher priced homes
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