10 Most Affordable Small Cities

Househappy —  February 24, 2014 — Leave a comment

Are you tired of living in big cities with unaffordable housing options? If so, you may want to consider purchasing real estate in one of these 10 most affordable small cities in the United States:

Kokomo, Indiana
Population: 82,849
Median home price: $85,000
Median income: $60,100
Percent of homes sold that are affordable: 96.3%

Springfield, Ohio
Population: 137,206
Median home price: $76,000
Median income: $53,500
Percent of homes sold that are affordable: 93.3%

Monroe, Michigan
Population: 151,048
Median home price: $120,000
Median income: $63,700
Percent of homes sold that are affordable: 93.2%

Vineland, New Jersey
Population: 157,785
Median home price: $131,000
Median income: $68,600
Percent of homes sold that are affordable: 93.2%

Cumberland, Maryland
Population: 101,968
Median home price: $89,000
Median income: $53,300
Percent of homes sold that are affordable: 92.9%

Davenport, Iowa
Population: 382,630
Median home price: $94,000
Median income: $63,100
Percent of homes sold that are affordable: 92.5%

Lima, Ohio
Population: 105,141
Median home price: $85,000
Median income: $54,200
Percent of homes sold that are affordable: 92.5%

Bay City, Michigan
Population: 106,935
Median home price: $75,000
Median income: $56,100
Percent of homes sold that are affordable: 92.1%

Fairbanks, Alaska
Population: 100,272
Median home price: $205,000
Median income: $78,400
Percent of homes sold that are affordable: 92%

Mansfield, Ohio
Population: 122,673
Median home price: $91,000
Median income: $54,600
Percent of homes sold that are affordable: 91%

This article can be found in its original form on CNN Money.

Photo: Springfield, Ohio via Rob Hatfield/Greater Springfield GVB

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