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These days, finding an affordable place to live in the 47427 area can be challenging. Home prices in 47427 are now at a median cost of $129,192, lower than the Indiana average of $175,617.
The average cost of rent is $613/mo in 47427, primarily driven by the current value of real estate in the 47427 area. While nearly 52.92% of residents own their homes outright in 47427, 15.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47427 is $5,989 per month. Households that rent pay about 10.23% of their income on rent here. 47427's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 47841, IN: less expensive homes
- 47455, IN: equally priced homes
- 47431, IN: equally priced homes
- 47833, IN: equally priced homes
- 47471, IN: less expensive homes
- 47438, IN: less expensive homes
- 47858, IN: less expensive homes
- 47845, IN: less expensive homes
- 47846, IN: less expensive homes
- 47460, IN: equally priced homes
Zip Codes with Similar Populations
- 83325, ID: equally priced homes
- 23964, VA: less expensive homes
- 24437, VA: higher priced homes
- 25512, WV: less expensive homes
- 25843, WV: equally priced homes
- 31050, GA: higher priced homes
- 41837, KY: less expensive homes
- 55919, MN: higher priced homes
- 80705, CO: higher priced homes
- 82005, WY: higher priced homes
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