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These days, finding an affordable place to live in the 47145 area can be challenging. Home prices in 47145 are now at a median cost of $148,154, lower than the Indiana average of $232,932.
The average cost of rent is $739/mo in 47145, primarily driven by the current value of real estate in the 47145 area. In 47145, 19.58% of households rent, and 41.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47145 is $4,583 per month. Households that rent pay about 16.12% of their income on rent here. 47145’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern 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
- 47140, IN: less expensive homes
- 47115, IN: higher priced homes
- 47166, IN: higher priced homes
- 47125, IN: higher priced homes
- 47118, IN: less expensive homes
- 47123, IN: less expensive homes
- 47120, IN: higher priced homes
- 47161, IN: higher priced homes
- 47164, IN: higher priced homes
- 47174, IN: less expensive homes
Zip Codes with Similar Populations
- 71051, LA: higher priced homes
- 40107, KY: higher priced homes
- 40374, KY: less expensive homes
- 42045, KY: equally priced homes
- 44634, OH: higher priced homes
- 45346, OH: equally priced homes
- 49616, MI: higher priced homes
- 54205, WI: higher priced homes
- 56098, MN: equally priced homes
- 56128, MN: higher priced homes
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