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These days, finding an affordable place to live in the 47175 area can be challenging. Home prices in 47175 are now at a median cost of $111,180, lower than the Indiana average of $232,932.
The average cost of rent is $559/mo in 47175, primarily driven by the current value of real estate in the 47175 area. In 47175, 17.76% of households rent, and 64.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47175 is $4,031 per month. Households that rent pay about 13.86% of their income on rent here. 47175’s most expensive areas are in the northwestern 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
- 47116, IN: equally priced homes
- 47118, IN: higher priced homes
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- 47140, IN: higher priced homes
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Zip Codes with Similar Populations
- 47387, IN: higher priced homes
- 72044, AR: higher priced homes
- 59248, MT: higher priced homes
- 57036, SD: higher priced homes
- 52079, IA: higher priced homes
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- 47854, IN: higher priced homes
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