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These days, finding an affordable place to live in the 47424 area can be challenging. Home prices in 47424 are now at a median cost of $122,780, lower than the Indiana average of $175,617.
The average cost of rent is $756/mo in 47424, primarily driven by the current value of real estate in the 47424 area. While nearly 47.99% of residents own their homes outright in 47424, 20.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47424 is $5,208 per month. Households that rent pay about 14.51% of their income on rent here. 47424's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 47457, IN: less expensive homes
- 47449, IN: less expensive homes
- 47471, IN: less expensive homes
- 47453, IN: equally priced homes
- 47459, IN: higher priced homes
- 47465, IN: less expensive homes
- 47443, IN: less expensive homes
- 47462, IN: higher priced homes
- 47441, IN: equally priced homes
- 47403, IN: higher priced homes
Zip Codes with Similar Populations
- 11559, NY: higher priced homes
- 06339, CT: higher priced homes
- 06379, CT: higher priced homes
- 06607, CT: higher priced homes
- 06896, CT: higher priced homes
- 07716, NJ: higher priced homes
- 24251, VA: equally priced homes
- 50644, IA: higher priced homes
- 47882, IN: equally priced homes
- 48915, MI: less expensive homes
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