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These days, finding an affordable place to live in the 47023 area can be challenging. Home prices in 47023 are now at a median cost of $133,714, lower than the Indiana average of $175,617.
The average cost of rent is $872/mo in 47023, primarily driven by the current value of real estate in the 47023 area. While nearly 43.85% of residents own their homes outright in 47023, 15.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47023 is $5,519 per month. Households that rent pay about 15.80% of their income on rent here. 47023's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 47037, IN: equally priced homes
- 47223, IN: equally priced homes
- 47042, IN: higher priced homes
- 47283, IN: equally priced homes
- 47031, IN: higher priced homes
- 47017, IN: higher priced homes
- 47021, IN: higher priced homes
- 47282, IN: less expensive homes
- 47265, IN: less expensive homes
- 47018, IN: higher priced homes
Zip Codes with Similar Populations
- 16258, PA: higher priced homes
- 75132, TX: higher priced homes
- 39425, MS: less expensive homes
- 40472, KY: less expensive homes
- 41098, KY: less expensive homes
- 03043, NH: higher priced homes
- 49780, MI: less expensive homes
- 54128, WI: equally priced homes
- 56171, MN: less expensive homes
- 56178, MN: equally priced homes
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