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These days, finding an affordable place to live in the 47114 area can be challenging. Home prices in 47114 are now at a median cost of $235,861, higher than the Indiana average of $232,932.
The average cost of rent is $840/mo in 47114, primarily driven by the current value of real estate in the 47114 area. In 47114, 5.69% of households rent, and 25.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47114 is $8,565 per month. Households that rent pay about 9.80% of their income on rent here. 47114’s most expensive areas are in the southeastern 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
- 47161, IN: equally priced homes
- 47122, IN: higher priced homes
- 47166, IN: equally priced homes
- 47136, IN: higher priced homes
- 47112, IN: higher priced homes
- 47124, IN: higher priced homes
- 47160, IN: higher priced homes
- 47115, IN: less expensive homes
- 47119, IN: higher priced homes
- 47117, IN: equally priced homes
Zip Codes with Similar Populations
- 68942, NE: less expensive homes
- 62250, IL: less expensive homes
- 62413, IL: less expensive homes
- 62553, IL: less expensive homes
- 62928, IL: less expensive homes
- 67737, KS: less expensive homes
- 68033, NE: higher priced homes
- 68344, NE: less expensive homes
- 68648, NE: equally priced homes
- 68761, NE: less expensive homes
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