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These days, finding an affordable place to live in the 47041 area can be challenging. Home prices in 47041 are now at a median cost of $267,482, higher than the Indiana average of $232,932.
The average cost of rent is $963/mo in 47041, primarily driven by the current value of real estate in the 47041 area. In 47041, 12.81% of households rent, and 38.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47041 is $7,035 per month. Households that rent pay about 13.69% of their income on rent here. 47041’s most expensive areas are in the northern 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
- 47022, IN: equally priced homes
- 47031, IN: less expensive homes
- 47006, IN: equally priced homes
- 47035, IN: higher priced homes
- 47060, IN: higher priced homes
- 47036, IN: higher priced homes
- 47025, IN: equally priced homes
- 47037, IN: less expensive homes
- 47034, IN: equally priced homes
- 47016, IN: equally priced homes
Zip Codes with Similar Populations
- 37184, TN: higher priced homes
- 61953, IL: less expensive homes
- 56156, MN: less expensive homes
- 54728, WI: less expensive homes
- 53813, WI: less expensive homes
- 45314, OH: higher priced homes
- 44021, OH: equally priced homes
- 42765, KY: less expensive homes
- 42408, KY: less expensive homes
- 40026, KY: higher priced homes
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