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These days, finding an affordable place to live in the 47355 area can be challenging. Home prices in 47355 are now at a median cost of $117,642, lower than the Indiana average of $232,932.
The average cost of rent is $658/mo in 47355, primarily driven by the current value of real estate in the 47355 area. In 47355, 16.58% of households rent, and 46.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47355 is $5,603 per month. Households that rent pay about 11.74% of their income on rent here. 47355’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern 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
- 47341, IN: higher priced homes
- 47393, IN: higher priced homes
- 45332, OH: equally priced homes
- 47394, IN: equally priced homes
- 47358, IN: higher priced homes
- 47392, IN: higher priced homes
- 45352, OH: higher priced homes
- 47339, IN: higher priced homes
- 45346, OH: higher priced homes
- 47354, IN: higher priced homes
Zip Codes with Similar Populations
- 39169, MS: less expensive homes
- 97532, OR: higher priced homes
- 87024, NM: higher priced homes
- 75631, TX: higher priced homes
- 66090, KS: higher priced homes
- 58249, ND: higher priced homes
- 37356, TN: higher priced homes
- 37014, TN: higher priced homes
- 31778, GA: higher priced homes
- 30336, GA: higher priced homes
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