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These days, finding an affordable place to live in the 47282 area can be challenging. Home prices in 47282 are now at a median cost of $159,200, lower than the Indiana average of $232,932.
The average cost of rent is $1,037/mo in 47282, primarily driven by the current value of real estate in the 47282 area. In 47282, 43.14% of households rent, and 21.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47282 is $6,182 per month. Households that rent pay about 16.77% of their income on rent here. 47282’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
- 47265, IN: equally priced homes
- 47223, IN: higher priced homes
- 47227, IN: higher priced homes
- 47231, IN: higher priced homes
- 47273, IN: higher priced homes
- 47270, IN: equally priced homes
- 47023, IN: higher priced homes
- 47274, IN: higher priced homes
- 47247, IN: higher priced homes
- 47229, IN: equally priced homes
Zip Codes with Similar Populations
- 59347, MT: higher priced homes
- 58377, ND: equally priced homes
- 58490, ND: higher priced homes
- 58542, ND: less expensive homes
- 58559, ND: higher priced homes
- 58723, ND: equally priced homes
- 58731, ND: less expensive homes
- 58734, ND: higher priced homes
- 99322, WA: higher priced homes
- 98834, WA: higher priced homes
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