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These days, finding an affordable place to live in the 47166 area can be challenging. Home prices in 47166 are now at a median cost of $172,727, lower than the Indiana average of $175,617.
The average cost of rent is $916/mo in 47166, primarily driven by the current value of real estate in the 47166 area. While nearly 43.31% of residents own their homes outright in 47166, 16.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47166 is $4,896 per month. Households that rent pay about 18.71% of their income on rent here. 47166's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 47161, IN: equally priced homes
- 47115, IN: less expensive homes
- 47114, IN: equally priced homes
- 47164, IN: less expensive homes
- 47112, IN: equally priced homes
- 47145, IN: less expensive homes
- 47120, IN: equally priced homes
- 47124, IN: higher priced homes
- 47122, IN: higher priced homes
- 47140, IN: less expensive homes
Zip Codes with Similar Populations
- 03745, NH: higher priced homes
- 67752, KS: less expensive homes
- 64761, MO: equally priced homes
- 54651, WI: equally priced homes
- 52049, IA: less expensive homes
- 50424, IA: less expensive homes
- 49630, MI: higher priced homes
- 49402, MI: less expensive homes
- 48401, MI: less expensive homes
- 48157, MI: equally priced homes
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