Best Places47427, IN Best Neighborhoods
2026–2027 edition · Data updated July 2026
Every neighborhood inside ZIP code 47427, scored on 40 measures of daily life and ranked to fit what matters to you. Several measures below read low, and the ranked lists name which ones. To work out which city fits you best, start with the best places to live tool.
47427 ranks 29,172nd of 33,110 U.S. zip codes on the BestNeighborhood index. It scores highest on a strong job market by a wide margin, and long commutes are the weak spot.
The best neighborhoods in 47427
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.
47427's strengths and weaknesses
Where 47427 ranks high
- Local economyBetter than 98% of zip codes
- Tree shadeBetter than 88% of zip codes
- Cheap car insuranceBetter than 85% of zip codes
- State infrastructureBetter than 79% of zip codes
- Low property taxBetter than 76% of zip codes
Where 47427 ranks low
- Short commute60.4 minutes each way, better than only 1% of zip codes
- Cell coverageBetter than only 3% of zip codes
- Nice weatherabout 57 pleasant days a year, better than only 4% of zip codes
- Low income/sales/gas taxBetter than only 7% of zip codes
- BikingBetter than only 8% of zip codes
What it costs to buy a home in 47427
A household needs to earn about $34,000 a year to comfortably buy the median 47427 home, at 20% down and today's 30-year rate. That is below the area's own median income of $65,377, so a typical household can afford the median home outright.
Where the monthly payment goes
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 47427's effective rate of 0.56%, 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.
Who lives in 47427
47427 runs older than the country, and households here run larger than average.
Residents by age
Racial and ethnic makeup has its own map. See the race and diversity map for 47427.
Who works in 47427, and how
Work in 47427 centers on manufacturing and education. Unemployment is low, and jobs are growing.
Largest industries
How people get to work
- Drive or carpool 77%
- Work from home 18%
- Transit, walk, or bike 6%
Life in 47427
The map and measures below break down dining, culture, and green space by neighborhood across 47427.
What the weather is like in 47427, month by month
47427 sees roughly 57 pleasant days a year. July highs average about 88 degrees. January highs sit near 41, with lows near 21. The comfortable stretch runs May, June, and August through October.
Show the monthly temperatures
| Month | Avg high | Avg | Avg low |
|---|---|---|---|
| January | 41° | 31° | 21° |
| April | 68° | 54° | 41° |
| July | 88° | 77° | 65° |
| October | 72° | 57° | 44° |
Flying in and out of 47427
Indianapolis International sits about 50 miles away. It is a medium hub and boarded 5.2 million passengers in 2025, with 92 nonstop destinations.
The best schools in and around 47427
Schools across 47427 average a C+, better than 42% of zip codes.
Top elementary schools
- Patricksburg Elementary SchoolC+ · 38% proficient
- Van Buren Elementary SchoolC · 35% proficient
- Spencer Elementary SchoolC · 35% proficient
Top middle schools
- North Clay Middle SchoolB · 44% proficient
- Owen Valley Middle SchoolC− · 29% proficient
Top high schools
- Owen Valley Community High SchoolB− · 42% proficient
- Clay City Jr-sr High SchoolC · 32% proficient
Grades come from K-12 test scores, with scores projected for schools missing data. See every 47427 school and its grade on SchoolGrade.
47427 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 47427 against the other 33,109 zip codes.
Common questions about living in 47427
Is 47427 a good place to live?
Using BestNeighborhood's default rankings, 47427 ranks 29,172nd of 33,110 zip codes. It scores highest on a strong job market, tree cover, and cheap car insurance, and lowest on long commutes and cell coverage. How good it is for you depends on which of those you weight most, which the map lets you set.
Is 47427 expensive to live in?
The median home is worth $133,648. The overall cost of living runs about 9% below the national average. Set against a $65,377 median income, cost of living beats 37% of zip codes.
Is 47427 safe?
47427 is safer than 19% of zip codes. Safety varies a lot by neighborhood. Crime costs an estimated $420 per resident a year.
Compare 47427 with other zip codes
Sources and methodology
Every measure on this page is scored for each neighborhood, then rolled up to 47427. Scores are absolute rather than ranked, which means a 60 in 47427 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.
47427 detail on BestNeighborhood maps:
- Walk Grade for 47427: walkability, transit, and biking, measured on the real street network rather than by straight line distance.
- Noise in 47427: road, rail, and aviation sound modeling calibrated against federal ground truth measurements.
- Conservative vs liberal map of 47427: precinct level election results apportioned to neighborhoods.
- Mobile and cell coverage in 47427: carrier by carrier coverage behind the cell score.
47427 detail on related sites:
- CrimeGrade: neighborhood crime rates behind the crime safety score.
- ISPreports.org: provider by provider internet availability and advertised speeds.
- CoverageWatch: the car insurance premiums behind the cheap car insurance score.
Federal and public data:
- 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.
- NOAA Global Surface Summary of the Day: the daily station record behind the monthly temperatures and the pleasant-day count.
- FAA Passenger Boarding Data: airport size and annual passenger counts.
- Freddie Mac Primary Mortgage Market Survey: the 30-year fixed rate used in the cost-to-buy estimate.
- FBI Crime Data Explorer: reported offenses behind the tangible crime cost estimate.
- U.S. EPA Air Quality System: five year average air quality index.
- FEMA National Risk Index: expected annual loss from natural hazards.
- CDC PLACES: disease burden, preventable risk, and barriers to care.
- National Center for Education Statistics: school enrollment and assessment inputs behind the school grade.
- FCC National Broadband Map: internet and wireless availability.
- U.S. Bureau of Labor Statistics: employment and job growth behind the local economy score.
- Religious activity uses a proprietary religious signal measurement.
Your priorities
Move a slider to say how much a measure matters. Zero turns it off.