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These days, finding an affordable place to live in the 47457 area can be challenging. Home prices in 47457 are now at a median cost of $202,937, lower than the Indiana average of $232,932.
The average cost of rent is $931/mo in 47457, primarily driven by the current value of real estate in the 47457 area. In 47457, 11.45% of households rent, and 51.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47457 is $9,697 per month. Households that rent pay about 9.60% of their income on rent here. 47457’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 47522, IN: less expensive homes
- 47449, IN: equally priced homes
- 47562, IN: equally priced homes
- 47424, IN: less expensive homes
- 47453, IN: higher priced homes
- 47529, IN: less expensive homes
- 47443, IN: less expensive homes
- 47465, IN: less expensive homes
- 47462, IN: equally priced homes
- 47578, IN: less expensive homes
Zip Codes with Similar Populations
- 99832, AK: higher priced homes
- 15746, PA: less expensive homes
- 07842, NJ: higher priced homes
- 07833, NJ: higher priced homes
- 97620, OR: higher priced homes
- 99667, AK: equally priced homes
- 99691, AK: less expensive homes
- 99726, AK: less expensive homes
- 04442, ME: equally priced homes
- 99730, AK: less expensive homes
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