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These days, finding an affordable place to live in the 47283 area can be challenging. Home prices in 47283 are now at a median cost of $172,149, lower than the Indiana average of $232,932.
The average cost of rent is $723/mo in 47283, primarily driven by the current value of real estate in the 47283 area. In 47283, 13.92% of households rent, and 38.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47283 is $5,539 per month. Households that rent pay about 13.05% of their income on rent here. 47283’s most expensive areas are in the eastern 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
- 47244, IN: higher priced homes
- 47236, IN: higher priced homes
- 47223, IN: higher priced homes
- 47273, IN: higher priced homes
- 47265, IN: less expensive homes
- 47232, IN: higher priced homes
- 47246, IN: higher priced homes
- 47023, IN: higher priced homes
- 47034, IN: higher priced homes
- 47037, IN: higher priced homes
Zip Codes with Similar Populations
- 44264, OH: higher priced homes
- 28088, NC: higher priced homes
- 54169, WI: higher priced homes
- 47229, IN: equally priced homes
- 49040, MI: equally priced homes
- 49635, MI: higher priced homes
- 49746, MI: equally priced homes
- 51109, IA: less expensive homes
- 53191, WI: higher priced homes
- 53910, WI: less expensive homes
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