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These days, finding an affordable place to live in the 47302 area can be challenging. Home prices in 47302 are now at a median cost of $85,910, lower than the Indiana average of $232,932.
The average cost of rent is $914/mo in 47302, primarily driven by the current value of real estate in the 47302 area. In 47302, 34.76% of households rent, and 53.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47302 is $4,334 per month. Households that rent pay about 21.08% of their income on rent here. 47302’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western 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
- 47305, IN: equally priced homes
- 47303, IN: higher priced homes
- 47304, IN: higher priced homes
- 47383, IN: higher priced homes
- 47367, IN: higher priced homes
- 47396, IN: higher priced homes
- 47386, IN: higher priced homes
- 47334, IN: higher priced homes
- 47368, IN: higher priced homes
- 47320, IN: higher priced homes
Zip Codes with Similar Populations
- 44663, OH: higher priced homes
- 98040, WA: higher priced homes
- 89118, NV: higher priced homes
- 84117, UT: higher priced homes
- 83404, ID: higher priced homes
- 79072, TX: higher priced homes
- 75766, TX: higher priced homes
- 55057, MN: higher priced homes
- 02144, MA: higher priced homes
- 44460, OH: higher priced homes
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