
Expensive
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These days, finding an affordable place to live in the 47160 area can be challenging. Home prices in 47160 are now at a median cost of $179,000, higher than the Indiana average of $175,617.
The average cost of rent is $711/mo in 47160, primarily driven by the current value of real estate in the 47160 area. While nearly 22.40% of residents own their homes outright in 47160, 4.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47160 is $4,777 per month. Households that rent pay about 14.88% of their income on rent here. 47160's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 47117, IN: less expensive homes
- 47112, IN: equally priced homes
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- 47110, IN: less expensive homes
- 47114, IN: equally priced homes
- 40258, KY: less expensive homes
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- 40272, KY: less expensive homes
- 40216, KY: less expensive homes
Zip Codes with Similar Populations
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- 61949, IL: less expensive homes
- 59710, MT: higher priced homes
- 59466, MT: less expensive homes
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