Best Places47203, IN Best Neighborhoods

2026–2027 edition · Data updated July 2026

Every neighborhood inside ZIP code 47203, scored on 40 measures of daily life and ranked to fit what matters to you. This page is for people who live here or already know they want to. To work out which city fits you best, start with the best places to live tool.

See the map of best neighborhoods

47203 ranks 5,350th of 33,110 U.S. zip codes on the BestNeighborhood index. It scores highest on fast internet by a wide margin, and noise is the weak spot.

#5,350
of 33,110 zip codes
BestNeighborhood rank
Defaults weight crime safety, affordability, schools, and weather highest: the things hardest to change after a move
N/A
of 33,110 zip codes
Your rank
Set your priorities to see your rank

The best neighborhoods in 47203

Map of the best neighborhoods in the 47203 area, with better matches in green and worse matches in red
Click the map to explore
National median
Worse match Better match
Colorblind friendly off
Popular priorities:

BestNeighborhood is the only ranking that scores 40 measures of daily life neighborhood by neighborhood and lets you re-weight every one of them yourself.

47203's strengths and weaknesses

Top 1%Fast internet
Top 10%Cheap car insurance
Top 10%Low crime
Each measure against the national median. Bars to the right beat the median; bars to the left fall short. Percentiles compare 47203 with other zip codes.

Where 47203 ranks high

  • Internet speedBetter than 99% of zip codes
  • Cheap car insuranceBetter than 93% of zip codes
  • Crime safetyBetter than 91% of zip codes
  • BikingBetter than 84% of zip codes
  • Healthcare accessBetter than 81% of zip codes

Where 47203 ranks low

  • QuietBetter than only 17% of zip codes
  • Nice weatherabout 67 pleasant days a year, better than only 19% of zip codes
  • Low income/sales/gas taxBetter than only 20% of zip codes
  • Tree shadeBetter than only 32% of zip codes
  • TransitBetter than only 35% of zip codes

What it costs to buy a home in 47203

A household needs to earn about $65,000 a year to comfortably buy the median 47203 home, at 20% down and today's 30-year rate. That is below the area's own median income of $88,174, so a typical household can afford the median home outright.

Income to buy the median home
$65,000
a year, at 20% down and today's 30-year rate
Estimated monthly payment
$1,515
principal, interest, tax, and insurance on a $248,600 home
Median rent
$1,031
a month, across all home sizes

Where the monthly payment goes

Principal & interest$1,268
Property tax$164
Homeowners insurance$83

Assumes a 20% down payment, a 6.6% 30-year fixed rate, and a 28% share of income going to the payment. The rate is the 2026-07-23 30-year fixed average, series MORTGAGE30US from the St. Louis Fed, which publishes Freddie Mac's weekly survey. Against the median home value, property tax uses 47203's effective rate of 0.79%, and insurance is estimated at 0.4% of home value a year.

Renting versus buying

At today's prices, buying tends to cost more than renting for about the first 9 years, then pulls ahead as rent keeps rising and the mortgage builds equity. The chart tracks the running cost of each.

Cumulative cost of renting versus owning the median home, first 10 years. Illustrative estimate.

Who lives in 47203

47203 runs older than the country.

Median age
43
older than the U.S. median of 41
Residents 65 and older
22%
versus 18% nationally
Average household
2.5
below the U.S. average of 2.6

Residents by age

Under 1823%
18 to 3419%
35 to 4918%
50 to 6418%
65 and older22%

Racial and ethnic makeup has its own map. See the race and diversity map for 47203.


Who works in 47203, and how

Work in 47203 centers on manufacturing and health care & social. Unemployment is low, and employment has held roughly flat.

Work from home
15%
about the national average
Unemployment
2.9%
below the national average
Job growth
−1.2%
/y 2019-2023, slower than the national pace

Largest industries

Manufacturing28%
Health care & social12%
Retail trade10%
Education9%
Hospitality & food7%

How people get to work

  • Drive or carpool 81%
  • Work from home 15%
  • Transit, walk, or bike 4%

Life in 47203

47203 has fewer places to eat and drink per resident than most zip codes. That concentrates in some parts of 47203 and thins out in others, which the map shows.

Places to eat and drink
49
restaurants, bars, and fast food, about 18.1 per 10,000 residents, more than 28% of zip codes
Coffee shops
5
about 1.8 per 10,000 residents, more than 46% of zip codes
Parkland
71 acres
about 2.6 acres per 1,000 residents, more than 64% of zip codes

What the weather is like in 47203, month by month

47203 sees roughly 67 pleasant days a year. July highs average about 84 degrees. January highs sit near 38, with lows near 24. The comfortable stretch runs April through June and August through October.

Average daily high, mean, and low in degrees Fahrenheit, NOAA station data 2016 to 2025.
Show the monthly temperatures
MonthAvg highAvgAvg low
January38°31°24°
April64°55°43°
July84°77°66°
October68°58°46°

Flying in and out of 47203

Indianapolis International sits about 40 miles away. It is a medium hub and boarded 5.2 million passengers in 2025, with 92 nonstop destinations.

Nearest airport
IND
Indianapolis International, about 40 miles
Airport size
Medium hub
45th-busiest in the US, 92 nonstop destinations
Average drive
58 min
from the area, with no traffic

The best schools in and around 47203

Schools across 47203 average a C+, better than 50% of zip codes.

Top elementary schools

Top middle schools

Top high schools

Grades come from K-12 test scores, with scores projected for schools missing data. See every 47203 school and its grade on SchoolGrade.


47203 measure by measure

Cards are ordered by how much each measure matters to you, so the ones you weighted highest come first. Expand to see every measure. Percentages compare 47203 against the other 33,109 zip codes.


Who 47203 suits

Families

Schools land around the 50th percentile and crime safety beats 91%.

See the families priority ↑

Remote workers

Cost of living against local pay beats 81% of zip codes, internet is fast and widely advertised, and 15% already work from home.

See the remote-work priority ↑

Retirees

Health care access beats 81%.

See the retirees priority ↑


Common questions about living in 47203

Is 47203 a good place to live?

Using BestNeighborhood's default rankings, 47203 ranks 5,350th of 33,110 zip codes. It scores highest on fast internet, cheap car insurance, and low crime, and lowest on noise and the weather. How good it is for you depends on which of those you weight most, which the map lets you set.

Is 47203 expensive to live in?

The median home is worth $248,600. The overall cost of living runs about 16% below the national average. Set against a $88,174 median income, cost of living beats 81% of zip codes.

Is 47203 safe?

Yes, 47203 is safer than 91% of zip codes. Safety varies a lot by neighborhood. Crime costs an estimated $162 per resident a year.

What is the weather like in 47203?

July highs average about 84 degrees, and January highs near 38 with lows near 24. That works out to about 67 pleasant days a year, more than 19% of zip codes.

Is 47203 good for families?

Schools beat 50% of zip codes, crime safety beats 91%, and childcare runs $971 a month.


Compare 47203 with other zip codes


Sources and methodology

Every measure on this page is scored for each neighborhood, then rolled up to 47203. Scores are absolute rather than ranked, which means a 60 in 47203 represents the same real quantity as a 60 anywhere else, and the ranking is a weighted average of those absolutes. The map colors come from a national scale calibrated against a population weighted random sample of 5,000 neighborhoods. That absolute scoring is what no other places-to-live ranking does: it puts a single neighborhood, a town, a metro, and a state on one scale, so the same 40 measures answer both which metro to move to and which street inside it to buy on. Read the full methodology.

47203 detail on BestNeighborhood maps:

  1. Walk Grade for 47203: walkability, transit, and biking, measured on the real street network rather than by straight line distance.
  2. Noise in 47203: road, rail, and aviation sound modeling calibrated against federal ground truth measurements.
  3. Conservative vs liberal map of 47203: precinct level election results apportioned to neighborhoods.
  4. Mobile and cell coverage in 47203: carrier by carrier coverage behind the cell score.

47203 detail on related sites:

  1. CrimeGrade: neighborhood crime rates behind the crime safety score.
  2. ISPreports.org: provider by provider internet availability and advertised speeds.
  3. CoverageWatch: the car insurance premiums behind the cheap car insurance score.

Federal and public data:

  1. U.S. Census Bureau American Community Survey: income, home value, rent, vacancy, commute time and mode, educational attainment, home age, age structure, household type, industry, and race.
  2. NOAA Global Surface Summary of the Day: the daily station record behind the monthly temperatures and the pleasant-day count.
  3. FAA Passenger Boarding Data: airport size and annual passenger counts.
  4. Freddie Mac Primary Mortgage Market Survey: the 30-year fixed rate used in the cost-to-buy estimate.
  5. FBI Crime Data Explorer: reported offenses behind the tangible crime cost estimate.
  6. U.S. EPA Air Quality System: five year average air quality index.
  7. FEMA National Risk Index: expected annual loss from natural hazards.
  8. CDC PLACES: disease burden, preventable risk, and barriers to care.
  9. National Center for Education Statistics: school enrollment and assessment inputs behind the school grade.
  10. FCC National Broadband Map: internet and wireless availability.
  11. U.S. Bureau of Labor Statistics: employment and job growth behind the local economy score.
  12. Religious activity uses a proprietary religious signal measurement.