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These days, finding an affordable place to live in the Wilson Lake Shores area can be challenging. Home prices in Wilson Lake Shores are now at a median cost of $138,614, lower than the Alabama average of $228,911.
The average cost of rent is $1,061/mo in Wilson Lake Shores, primarily driven by the current value of real estate in the Wilson Lake Shores area. In Wilson Lake Shores, 40.51% of households rent, and 65.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wilson Lake Shores is $4,778 per month. Households that rent pay about 22.20% of their income on rent here. Wilson Lake Shores’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
- Lakeview Highlands, AL: equally priced homes
- Steenson Hollow, AL: higher priced homes
- Muscle Shoals, AL: higher priced homes
- St. Florian, AL: higher priced homes
- Florence, AL: higher priced homes
- Sheffield, AL: less expensive homes
- Lock Six, AL: higher priced homes
- Nitrate City, AL: higher priced homes
- Mansion View, AL: equally priced homes
- Colonial Heights, AL: higher priced homes
Cities with Similar Populations
- Walter, AL: higher priced homes
- Derby, VA: less expensive homes
- Dering Harbor, NY: higher priced homes
- Diamond Lake Junction, OR: higher priced homes
- Dixie Pine, MS: higher priced homes
- Dodson, OR: higher priced homes
- Domingo, NM: higher priced homes
- Dora Lake, MN: higher priced homes
- Dot Lake, AK: equally priced homes
- Douthat, OK: equally priced homes
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