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These days, finding an affordable place to live in the 47147 area can be challenging. Home prices in 47147 are now at a median cost of $150,027, lower than the Indiana average of $175,617.
The average cost of rent is $965/mo in 47147, primarily driven by the current value of real estate in the 47147 area. While nearly 45.19% of residents own their homes outright in 47147, 14.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47147 is $5,462 per month. Households that rent pay about 17.66% of their income on rent here. 47147's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 47162, IN: equally priced homes
- 47141, IN: equally priced homes
- 47138, IN: equally priced homes
- 47163, IN: higher priced homes
- 47104, IN: higher priced homes
- 40077, KY: higher priced homes
- 47177, IN: higher priced homes
- 47111, IN: higher priced homes
- 47126, IN: higher priced homes
- 40026, KY: higher priced homes
Zip Codes with Similar Populations
- 83810, ID: higher priced homes
- 24822, WV: less expensive homes
- 25501, WV: less expensive homes
- 26146, WV: less expensive homes
- 26410, WV: less expensive homes
- 75926, TX: less expensive homes
- 76673, TX: less expensive homes
- 77580, TX: higher priced homes
- 79097, TX: less expensive homes
- 83255, ID: higher priced homes
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