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These days, finding an affordable place to live in the 47451 area can be challenging. Home prices in 47451 are now at a median cost of $114,601, lower than the Indiana average of $175,617.
The average cost of rent is $634/mo in 47451, primarily driven by the current value of real estate in the 47451 area. While nearly 49.32% of residents own their homes outright in 47451, 39.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47451 is $4,917 per month. Households that rent pay about 12.90% of their income on rent here. 47451's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 47420, IN: equally priced homes
- 47421, IN: higher priced homes
- 47462, IN: higher priced homes
- 47470, IN: equally priced homes
- 47436, IN: higher priced homes
- 47446, IN: higher priced homes
- 47453, IN: equally priced homes
- 47467, IN: higher priced homes
- 47437, IN: higher priced homes
- 47264, IN: higher priced homes
Zip Codes with Similar Populations
- 04488, ME: higher priced homes
- 04556, ME: higher priced homes
- 05038, VT: higher priced homes
- 14037, NY: higher priced homes
- 50139, IA: higher priced homes
- 68349, NE: higher priced homes
- 66035, KS: less expensive homes
- 65710, MO: higher priced homes
- 64448, MO: higher priced homes
- 61847, IL: higher priced homes
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