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These days, finding an affordable place to live in the 47167 area can be challenging. Home prices in 47167 are now at a median cost of $178,174, lower than the Indiana average of $232,932.
The average cost of rent is $690/mo in 47167, primarily driven by the current value of real estate in the 47167 area. In 47167, 20.42% of households rent, and 37.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47167 is $5,536 per month. Households that rent pay about 12.46% of their income on rent here. 47167’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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
- 47108, IN: equally priced homes
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Zip Codes with Similar Populations
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