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These days, finding an affordable place to live in the 47060 area can be challenging. Home prices in 47060 are now at a median cost of $301,640, higher than the Indiana average of $232,932.
The average cost of rent is $971/mo in 47060, primarily driven by the current value of real estate in the 47060 area. In 47060, 10.01% of households rent, and 37.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47060 is $7,730 per month. Households that rent pay about 12.56% of their income on rent here. 47060’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern 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
- 47035, IN: equally priced homes
- 45030, OH: less expensive homes
- 47022, IN: less expensive homes
- 47016, IN: less expensive homes
- 45053, OH: higher priced homes
- 47025, IN: less expensive homes
- 45033, OH: less expensive homes
- 45041, OH: equally priced homes
- 45002, OH: less expensive homes
- 45052, OH: less expensive homes
Zip Codes with Similar Populations
- 45207, OH: higher priced homes
- 54963, WI: less expensive homes
- 54025, WI: higher priced homes
- 52537, IA: less expensive homes
- 52349, IA: less expensive homes
- 52333, IA: higher priced homes
- 48734, MI: equally priced homes
- 48218, MI: less expensive homes
- 00913, PR: higher priced homes
- 47454, IN: less expensive homes
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