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These days, finding an affordable place to live in the Wolcott area can be challenging. Home prices in Wolcott are now at a median cost of $156,219, lower than the Indiana average of $232,932.
The average cost of rent is $687/mo in Wolcott, primarily driven by the current value of real estate in the Wolcott area. In Wolcott, 15.21% of households rent, and 36.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wolcott is $6,248 per month. Households that rent pay about 11.00% of their income on rent here. Wolcott’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Remington, IN: equally priced homes
- Reynolds, IN: higher priced homes
- Smithson, IN: higher priced homes
- McCoysburg, IN: higher priced homes
- Chalmers, IN: higher priced homes
- Lee, IN: higher priced homes
- Monon, IN: less expensive homes
- Indiana Beach, IN: higher priced homes
- Collegeville, IN: higher priced homes
- Lochiel, IN: higher priced homes
Cities with Similar Populations
- Andreas, PA: higher priced homes
- Wyocena, WI: higher priced homes
- Worthington Hills, KY: higher priced homes
- Woodridge, NY: higher priced homes
- Winchester, MO: higher priced homes
- Willow, AK: higher priced homes
- White Sulphur Springs, MT: higher priced homes
- West Point, KY: less expensive homes
- Welch, OK: higher priced homes
- Watson, IL: higher priced homes
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