25 best places for affordable homes

Want to retire near the water, but without paying premium prices for a home? Residents who buy real estate in these towns see their incomes go the furthest.

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12. Millcreek, PA
Millcreek, PA
Presque Isle State Park
Median home price (2007): $138,000
Median family income: $70,675

Millcreek has its own little Eden in the form of Presque Isle State Park, a slender crescent-shaped peninsula on the south shore of Lake Erie. Residents flock to this nature preserve for sunbathing, scuba diving, skiing, and hiking.

The township of Millcreek is an upscale adjunct to Erie, with lake view houses starting around $250,000. The Millcreek Community Hospital provides convenient medical care, and it's just a short drive to Erie proper for amusement parks, sporting events, and museums.

See complete data on Millcreek from Best Places to Live

Homes for sale in Millcreek

NEXT: Winston-Salem, NC

Last updated September 22 2008: 11:09 AM ET
Source: Home prices, income stats from Onboard Informatics
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