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These days, finding an affordable place to live in the 46550 area can be challenging. Home prices in 46550 are now at a median cost of $274,619, higher than the Indiana average of $232,932.
The average cost of rent is $989/mo in 46550, primarily driven by the current value of real estate in the 46550 area. In 46550, 25.03% of households rent, and 37.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46550 is $7,113 per month. Households that rent pay about 13.90% of their income on rent here. 46550’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 46573, IN: less expensive homes
- 46542, IN: less expensive homes
- 46506, IN: equally priced homes
- 46553, IN: equally priced homes
- 46595, IN: higher priced homes
- 46526, IN: less expensive homes
- 46567, IN: equally priced homes
- 46538, IN: equally priced homes
- 46536, IN: equally priced homes
- 46537, IN: less expensive homes
Zip Codes with Similar Populations
- 36037, AL: less expensive homes
- 71129, LA: less expensive homes
- 70739, LA: higher priced homes
- 46107, IN: less expensive homes
- 42642, KY: less expensive homes
- 38866, MS: less expensive homes
- 38340, TN: less expensive homes
- 37683, TN: less expensive homes
- 01940, MA: higher priced homes
- 75686, TX: less expensive homes
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