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These days, finding an affordable place to live in the 47368 area can be challenging. Home prices in 47368 are now at a median cost of $141,496, lower than the Indiana average of $232,932.
The average cost of rent is $812/mo in 47368, primarily driven by the current value of real estate in the 47368 area. In 47368, 20.45% of households rent, and 33.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47368 is $5,957 per month. Households that rent pay about 13.64% of their income on rent here. 47368’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
- 47383, IN: higher priced homes
- 47340, IN: equally priced homes
- 47320, IN: equally priced homes
- 47302, IN: less expensive homes
- 47305, IN: less expensive homes
- 47303, IN: less expensive homes
- 47354, IN: equally priced homes
- 47358, IN: higher priced homes
- 47380, IN: less expensive homes
- 47394, IN: less expensive homes
Zip Codes with Similar Populations
- 04974, ME: higher priced homes
- 07606, NJ: higher priced homes
- 13730, NY: equally priced homes
- 14471, NY: higher priced homes
- 15050, PA: higher priced homes
- 17565, PA: higher priced homes
- 17772, PA: higher priced homes
- 26218, WV: higher priced homes
- 26033, WV: less expensive homes
- 61285, IL: higher priced homes
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