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These days, finding an affordable place to live in the 47012 area can be challenging. Home prices in 47012 are now at a median cost of $184,086, higher than the Indiana average of $175,617.
The average cost of rent is $839/mo in 47012, primarily driven by the current value of real estate in the 47012 area. While nearly 44.89% of residents own their homes outright in 47012, 17.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47012 is $6,396 per month. Households that rent pay about 13.12% of their income on rent here. 47012's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 47016, IN: equally priced homes
- 47030, IN: less expensive homes
- 47035, IN: higher priced homes
- 47010, IN: equally priced homes
- 47024, IN: less expensive homes
- 45053, OH: higher priced homes
- 47036, IN: higher priced homes
- 47003, IN: less expensive homes
- 45056, OH: higher priced homes
- 45003, OH: equally priced homes
Zip Codes with Similar Populations
- 78387, TX: less expensive homes
- 30313, GA: higher priced homes
- 30755, GA: less expensive homes
- 31027, GA: less expensive homes
- 31510, GA: less expensive homes
- 32038, FL: less expensive homes
- 32920, FL: higher priced homes
- 33955, FL: higher priced homes
- 36105, AL: less expensive homes
- 70774, LA: higher priced homes
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