Small Towns with Affordable Homes

Cyndi Hughes
June 30, 2008

CNNMoney.com rounded up the 25 American towns with population of 50,000 and under with the most affordable homes.

 In these burgs, home ownership is up and incomes go the farthest, according to the analysis, which was based on 2006 data. And from what we could tell, the northeast seems to be the place to be!

What’s up with Ohio landing five of the top 12? The living must be easy.

Here are the top 12:

1. Northbrook, Ohio
Median family income: $59,902
Median home price (2006): $83,760

2. Blacklick Estates, Ohio
Median family income: $59,172
Median home price: $83,480

3. Tonawanda, N.Y.
Median family income: $51,819
Median home price: $74,878

4. Shiloh, Ohio
Median family income: $54,079
Median home price: $79,722

5. West Mifflin, Pa.
Median family income: $52,771
Median home price: $81,113

6. North College Hill, Ohio
Median family income: $52,482
Median home price: $80,761

7. Maple Heights, Ohio
Median family income: $54,368
Median home price: $84,597

8. Kenmore, N.Y.
Median family income: $59,875
Median home price: $93,413

9. Penn Hills, Pa.
Median family income: $54,022
Median home price: $84,915

10. Brentwood, Pa.
Median family income: $55,105
Median home price: $86,878

11. Depew, N.Y.
Median family income: $56,786
Median home price: $90,149

12. Irmo, S.C. (Irmo Town Park is pictured)
Median family income: $74,920
Median home price: $119,003

To check out the rest of the list, see the slideshow at CNNMoney.com.

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