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These days, finding an affordable place to live in the 47020 area can be challenging. Home prices in 47020 are now at a median cost of $107,212, lower than the Indiana average of $175,617.
The average cost of rent is $950/mo in 47020, primarily driven by the current value of real estate in the 47020 area. While nearly 26.56% of residents own their homes outright in 47020, 23.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47020 is $4,914 per month. Households that rent pay about 19.34% of their income on rent here. 47020's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 41095, KY: higher priced homes
- 47038, IN: higher priced homes
- 47011, IN: higher priced homes
- 47043, IN: higher priced homes
- 41045, KY: equally priced homes
- 47040, IN: higher priced homes
- 41086, KY: higher priced homes
- 41046, KY: higher priced homes
- 41092, KY: higher priced homes
- 47224, IN: higher priced homes
Zip Codes with Similar Populations
- 78161, TX: higher priced homes
- 36860, AL: less expensive homes
- 36871, AL: higher priced homes
- 37057, TN: higher priced homes
- 37141, TN: higher priced homes
- 38337, TN: higher priced homes
- 38627, MS: higher priced homes
- 39152, MS: less expensive homes
- 39336, MS: less expensive homes
- 40104, KY: higher priced homes
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