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These days, finding an affordable place to live in the 47140 area can be challenging. Home prices in 47140 are now at a median cost of $98,186, lower than the Indiana average of $175,617.
The average cost of rent is $710/mo in 47140, primarily driven by the current value of real estate in the 47140 area. While nearly 52.00% of residents own their homes outright in 47140, 31.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47140 is $3,872 per month. Households that rent pay about 18.35% of their income on rent here. 47140's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 47145, IN: higher priced homes
- 47125, IN: equally priced homes
- 47118, IN: equally priced homes
- 47115, IN: higher priced homes
- 47123, IN: less expensive homes
- 47120, IN: higher priced homes
- 47175, IN: less expensive homes
- 47166, IN: higher priced homes
- 47174, IN: higher priced homes
- 47116, IN: less expensive homes
Zip Codes with Similar Populations
- 27553, NC: higher priced homes
- 39653, MS: less expensive homes
- 38603, MS: equally priced homes
- 01128, MA: higher priced homes
- 72433, AR: less expensive homes
- 30473, GA: equally priced homes
- 29475, SC: higher priced homes
- 29162, SC: higher priced homes
- 27846, NC: equally priced homes
- 27816, NC: higher priced homes
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