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These days, finding an affordable place to live in the 47356 area can be challenging. Home prices in 47356 are now at a median cost of $185,206, lower than the Indiana average of $232,932.
The average cost of rent is $830/mo in 47356, primarily driven by the current value of real estate in the 47356 area. In 47356, 18.56% of households rent, and 44.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47356 is $6,349 per month. Households that rent pay about 13.08% of their income on rent here. 47356’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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
- 47388, IN: less expensive homes
- 46017, IN: less expensive homes
- 47334, IN: equally priced homes
- 46056, IN: higher priced homes
- 47367, IN: less expensive homes
- 46013, IN: less expensive homes
- 47361, IN: higher priced homes
- 47386, IN: equally priced homes
- 46012, IN: less expensive homes
- 46016, IN: less expensive homes
Zip Codes with Similar Populations
- 70711, LA: equally priced homes
- 39740, MS: higher priced homes
- 39837, GA: less expensive homes
- 40023, KY: higher priced homes
- 40143, KY: equally priced homes
- 43143, OH: higher priced homes
- 43316, OH: equally priced homes
- 67101, KS: higher priced homes
- 69153, NE: equally priced homes
- 39345, MS: less expensive homes
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