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These days, finding an affordable place to live in the 46962 area can be challenging. Home prices in 46962 are now at a median cost of $133,209, lower than the Indiana average of $175,617.
The average cost of rent is $763/mo in 46962, primarily driven by the current value of real estate in the 46962 area. While nearly 40.16% of residents own their homes outright in 46962, 29.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in 46962 is $5,124 per month. Households that rent pay about 14.89% of their income on rent here. 46962's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 46946, IN: higher priced homes
- 46980, IN: higher priced homes
- 46943, IN: less expensive homes
- 46982, IN: higher priced homes
- 46974, IN: higher priced homes
- 46787, IN: equally priced homes
- 46510, IN: higher priced homes
- 46910, IN: equally priced homes
- 46508, IN: equally priced homes
- 46539, IN: less expensive homes
Zip Codes with Similar Populations
- 31793, GA: higher priced homes
- 65622, MO: equally priced homes
- 63703, MO: equally priced homes
- 59270, MT: higher priced homes
- 56425, MN: higher priced homes
- 46767, IN: higher priced homes
- 44813, OH: higher priced homes
- 36089, AL: less expensive homes
- 35062, AL: equally priced homes
- 33767, FL: higher priced homes
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