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These days, finding an affordable place to live in the Wood area can be challenging. Home prices in Wood are now at a median cost of $100,880, lower than the Pennsylvania average of $288,156.
The average cost of rent is $902/mo in Wood, primarily driven by the current value of real estate in the Wood area. In Wood, 14.98% of households rent, and 45.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wood is $4,768 per month. Households that rent pay about 18.91% of their income on rent here. Wood’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Robertsdale, PA: higher priced homes
- Broad Top City, PA: higher priced homes
- New Grenada, PA: higher priced homes
- Dudley, PA: higher priced homes
- Six Mile Run, PA: less expensive homes
- Coalmont, PA: higher priced homes
- Waterfall, PA: higher priced homes
- Wells Tannery, PA: higher priced homes
- Kearney, PA: less expensive homes
- Defiance, PA: less expensive homes
Cities with Similar Populations
- Damar, KS: higher priced homes
- Suwannee, FL: higher priced homes
- Sutherland, KY: higher priced homes
- Stumpy Point, NC: higher priced homes
- Steelmantown, NJ: higher priced homes
- Danville, WA: higher priced homes
- Danville, MO: higher priced homes
- Danby, KY: higher priced homes
- Damascus, AL: less expensive homes
- Swaim, AL: higher priced homes
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