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These days, finding an affordable place to live in the 47280 area can be challenging. Home prices in 47280 are now at a median cost of $130,400, lower than the Indiana average of $175,617.
The average cost of rent is $864/mo in 47280, primarily driven by the current value of real estate in the 47280 area. While nearly 36.55% of residents own their homes outright in 47280, 11.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47280 is $6,064 per month. Households that rent pay about 14.25% of their income on rent here. 47280's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 46124, IN: higher priced homes
- 47226, IN: higher priced homes
- 47203, IN: higher priced homes
- 47201, IN: higher priced homes
- 46164, IN: higher priced homes
- 47246, IN: equally priced homes
- 47234, IN: higher priced homes
- 46181, IN: higher priced homes
- 47244, IN: higher priced homes
- 47232, IN: higher priced homes
Zip Codes with Similar Populations
- 80815, CO: higher priced homes
- 29564, SC: less expensive homes
- 36052, AL: higher priced homes
- 36071, AL: less expensive homes
- 37340, TN: less expensive homes
- 37715, TN: less expensive homes
- 37753, TN: less expensive homes
- 40819, KY: less expensive homes
- 41512, KY: less expensive homes
- 41630, KY: less expensive homes
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