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These days, finding an affordable place to live in the 47272 area can be challenging. Home prices in 47272 are now at a median cost of $155,190, lower than the Indiana average of $232,932.
The average cost of rent is $1,129/mo in 47272, primarily driven by the current value of real estate in the 47272 area. In 47272, 19.03% of households rent, and 43.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47272 is $6,028 per month. Households that rent pay about 18.73% of their income on rent here. 47272’s most expensive areas are in the southeastern 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
- 46182, IN: higher priced homes
- 47234, IN: higher priced homes
- 46156, IN: higher priced homes
- 46150, IN: higher priced homes
- 47240, IN: higher priced homes
- 46176, IN: higher priced homes
- 46146, IN: equally priced homes
- 47263, IN: higher priced homes
- 46124, IN: higher priced homes
- 46110, IN: higher priced homes
Zip Codes with Similar Populations
- 95441, CA: higher priced homes
- 04555, ME: higher priced homes
- 04958, ME: equally priced homes
- 05765, VT: higher priced homes
- 12121, NY: higher priced homes
- 12168, NY: higher priced homes
- 12440, NY: higher priced homes
- 13034, NY: higher priced homes
- 74081, OK: equally priced homes
- 78594, TX: less expensive homes
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