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These days, finding an affordable place to live in the 47260 area can be challenging. Home prices in 47260 are now at a median cost of $115,725, lower than the Indiana average of $232,932.
The average cost of rent is $922/mo in 47260, primarily driven by the current value of real estate in the 47260 area. In 47260, 9.22% of households rent, and 52.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47260 is $6,137 per month. Households that rent pay about 15.02% of their income on rent here. 47260’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern 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
- 47281, IN: higher priced homes
- 47264, IN: higher priced homes
- 47220, IN: higher priced homes
- 47467, IN: equally priced homes
- 47436, IN: higher priced homes
- 47421, IN: higher priced homes
- 47446, IN: higher priced homes
- 47274, IN: higher priced homes
- 47229, IN: higher priced homes
- 47451, IN: higher priced homes
Zip Codes with Similar Populations
- 78039, TX: higher priced homes
- 39332, MS: less expensive homes
- 39354, MS: less expensive homes
- 39756, MS: less expensive homes
- 46705, IN: higher priced homes
- 47023, IN: higher priced homes
- 47928, IN: less expensive homes
- 49089, MI: higher priced homes
- 60511, IL: higher priced homes
- 71039, LA: equally priced homes
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