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Affordable
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These days, finding an affordable place to live in the 47263 area can be challenging. Home prices in 47263 are now at a median cost of $325,700, higher than the Indiana average of $232,932.
The average cost of rent is $1,533/mo in 47263, primarily driven by the current value of real estate in the 47263 area. In 47263, 12.94% of households rent, and 62.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47263 is $5,228 per month. Households that rent pay about 29.32% of their income on rent here. 47263’s most expensive areas are in the central 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
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Zip Codes with Similar Populations
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