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These days, finding an affordable place to live in the 47036 area can be challenging. Home prices in 47036 are now at a median cost of $294,973, higher than the Indiana average of $232,932.
The average cost of rent is $888/mo in 47036, primarily driven by the current value of real estate in the 47036 area. In 47036, 16.40% of households rent, and 42.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47036 is $6,222 per month. Households that rent pay about 14.27% of their income on rent here. 47036’s most expensive areas are in the southwestern 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
- 47006, IN: less expensive homes
- 47263, IN: higher priced homes
- 47030, IN: equally priced homes
- 47024, IN: less expensive homes
- 47041, IN: less expensive homes
- 47034, IN: less expensive homes
- 47012, IN: less expensive homes
- 47240, IN: less expensive homes
- 46156, IN: less expensive homes
- 47035, IN: equally priced homes
Zip Codes with Similar Populations
- 91963, CA: higher priced homes
- 31563, GA: less expensive homes
- 40176, KY: less expensive homes
- 46960, IN: less expensive homes
- 78406, TX: less expensive homes
- 79250, TX: less expensive homes
- 82510, WY: less expensive homes
- 84724, UT: less expensive homes
- 86030, AZ: less expensive homes
- 87732, NM: less expensive homes
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