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Affordable
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These days, finding an affordable place to live in the 47360 area can be challenging. Home prices in 47360 are now at a median cost of $166,869, lower than the Indiana average of $232,932.
The average cost of rent is $1,034/mo in 47360, primarily driven by the current value of real estate in the 47360 area. In 47360, 15.12% of households rent, and 41.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47360 is $6,468 per month. Households that rent pay about 15.99% of their income on rent here. 47360’s most expensive areas are in the southeastern 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
- 47354, IN: less expensive homes
- 47386, IN: equally priced homes
- 47361, IN: higher priced homes
- 47346, IN: less expensive homes
- 47367, IN: less expensive homes
- 47358, IN: equally priced homes
- 47362, IN: less expensive homes
- 47339, IN: higher priced homes
- 47388, IN: equally priced homes
- 47383, IN: equally priced homes
Zip Codes with Similar Populations
- 02671, MA: higher priced homes
- 04411, ME: higher priced homes
- 04652, ME: equally priced homes
- 04732, ME: less expensive homes
- 13111, NY: less expensive homes
- 15357, PA: less expensive homes
- 61473, IL: less expensive homes
- 73628, OK: equally priced homes
- 57714, SD: less expensive homes
- 56634, MN: higher priced homes
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