Best Places47403, IN Best Neighborhoods

2026–2027 edition · Data updated July 2026

Every neighborhood inside ZIP code 47403, 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

47403 ranks 16,506th of 33,110 U.S. zip codes on the BestNeighborhood index. It scores highest on cheap car insurance by a wide margin, and the weather ranks lowest.

#16,506
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 47403

Map of the best neighborhoods in the 47403 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.

47403's strengths and weaknesses

Top 10%Cheap car insurance
Each measure against the national median. Bars to the right beat the median; bars to the left fall short. Percentiles compare 47403 with other zip codes.

Where 47403 ranks high

  • Cheap car insuranceBetter than 91% of zip codes
  • Disaster safetyBetter than 89% of zip codes
  • BikingBetter than 85% of zip codes
  • TransitBetter than 84% of zip codes
  • Short commute20.3 minutes each way, better than 84% of zip codes

Where 47403 ranks low

  • Nice weatherabout 61 pleasant days a year, better than only 10% of zip codes
  • QuietBetter than only 12% of zip codes
  • Low income/sales/gas taxBetter than only 13% of zip codes
  • Crime safetyBetter than only 27% of zip codes
  • School gradeC, better than only 30% of zip codes

What it costs to buy a home in 47403

A household needs to earn about $63,000 a year to comfortably buy the median 47403 home, at 20% down and today's 30-year rate. That is below the area's own median income of $73,483, so a typical household can afford the median home outright.

Income to buy the median home
$63,000
a year, at 20% down and today's 30-year rate
Estimated monthly payment
$1,476
principal, interest, tax, and insurance on a $245,453 home
Median rent
$1,188
a month, across all home sizes

Where the monthly payment goes

Principal & interest$1,251
Property tax$143
Homeowners insurance$82

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 47403's effective rate of 0.70%, 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 7 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 47403

47403 runs younger than the country, and households here run smaller than average.

Median age
37
younger than the U.S. median of 41
Residents 65 and older
14%
versus 18% nationally
Average household
2.3
below the U.S. average of 2.6

Residents by age

Under 1820%
18 to 3429%
35 to 4920%
50 to 6417%
65 and older14%

Racial and ethnic makeup has its own map. See the race and diversity map for 47403.


Who works in 47403, and how

Work in 47403 centers on education and health care & social. Unemployment is low, and employment has held roughly flat.

Work from home
12%
below the national average
Unemployment
2.7%
below the national average
Job growth
+0.6%
/y 2019-2023, slower than the national pace

Largest industries

Education21%
Health care & social15%
Manufacturing12%
Retail trade8%
Hospitality & food7%

How people get to work

  • Drive or carpool 84%
  • Work from home 12%
  • Transit, walk, or bike 5%

Life in 47403

47403 has fewer places to eat and drink per resident than most zip codes and more parkland per resident than 89% of zip codes. Dining, parks, and nightlife concentrates in some parts of 47403 and thins out in others, which the map shows.

Places to eat and drink
37
restaurants, bars, and fast food, about 11.2 per 10,000 residents, more than 20% of zip codes
Coffee shops
7
about 2.1 per 10,000 residents, more than 48% of zip codes
Parkland
342 acres
about 10.4 acres per 1,000 residents, more than 89% of zip codes

What the weather is like in 47403, month by month

47403 sees roughly 61 pleasant days a year. July highs average about 88 degrees. January highs sit near 41, with lows near 23. 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
January41°31°23°
April69°55°42°
July88°76°65°
October72°58°46°

Flying in and out of 47403

Indianapolis International sits about 43 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 43 miles
Airport size
Medium hub
45th-busiest in the US, 92 nonstop destinations
Average drive
62 min
from the area, with no traffic

The best schools in and around 47403

Schools across 47403 average a C, better than 30% 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 47403 school and its grade on SchoolGrade.


47403 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 47403 against the other 33,109 zip codes.


Who 47403 suits

Families

Schools land around the 30th percentile.

See the families priority ↑

Remote workers

Internet is fast and widely advertised and 12% already work from home.

See the remote-work priority ↑

Retirees

Set weather, quiet, and health care weights on the map to test the fit.

See the retirees priority ↑


Common questions about living in 47403

Is 47403 a good place to live?

Using BestNeighborhood's default rankings, 47403 ranks 16,506th of 33,110 zip codes. It scores highest on cheap car insurance, low disaster risk, and biking, and lowest on the weather and noise. How good it is for you depends on which of those you weight most, which the map lets you set.

Is 47403 expensive to live in?

The median home is worth $245,453. The overall cost of living runs about 8% below the national average. Set against a $73,483 median income, cost of living beats 44% of zip codes.

Is 47403 safe?

47403 is safer than 27% of zip codes. Safety varies a lot by neighborhood. Crime costs an estimated $386 per resident a year.

What is the weather like in 47403?

July highs average about 88 degrees, and January highs near 41 with lows near 23. That works out to about 61 pleasant days a year, more than 10% of zip codes.

Is 47403 good for families?

Schools beat 30% of zip codes, crime safety beats 27%, and childcare runs $815 a month.


Compare 47403 with other zip codes


Sources and methodology

Every measure on this page is scored for each neighborhood, then rolled up to 47403. Scores are absolute rather than ranked, which means a 60 in 47403 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.

47403 detail on BestNeighborhood maps:

  1. Walk Grade for 47403: walkability, transit, and biking, measured on the real street network rather than by straight line distance.
  2. Noise in 47403: road, rail, and aviation sound modeling calibrated against federal ground truth measurements.
  3. Conservative vs liberal map of 47403: precinct level election results apportioned to neighborhoods.
  4. Mobile and cell coverage in 47403: carrier by carrier coverage behind the cell score.

47403 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.