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These days, finding an affordable place to live in the 47432 area can be challenging. Home prices in 47432 are now at a median cost of $129,548, lower than the Indiana average of $232,932.
The average cost of rent is $829/mo in 47432, primarily driven by the current value of real estate in the 47432 area. In 47432, 18.31% of households rent, and 42.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47432 is $5,708 per month. Households that rent pay about 14.52% of their income on rent here. 47432’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
- 47469, IN: higher priced homes
- 47527, IN: higher priced homes
- 47454, IN: higher priced homes
- 47581, IN: higher priced homes
- 47452, IN: higher priced homes
- 47125, IN: higher priced homes
- 47546, IN: higher priced homes
- 47553, IN: higher priced homes
- 47519, IN: higher priced homes
- 47108, IN: higher priced homes
Zip Codes with Similar Populations
- 10524, NY: higher priced homes
- 17301, PA: higher priced homes
- 17516, PA: higher priced homes
- 15045, PA: less expensive homes
- 96748, HI: higher priced homes
- 97127, OR: higher priced homes
- 07046, NJ: higher priced homes
- 07027, NJ: higher priced homes
- 06890, CT: higher priced homes
- 97362, OR: higher priced homes
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