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These days, finding an affordable place to live in the 47459 area can be challenging. Home prices in 47459 are now at a median cost of $228,563, lower than the Indiana average of $232,932.
The average cost of rent is $797/mo in 47459, primarily driven by the current value of real estate in the 47459 area. In 47459, 10.53% of households rent, and 57.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47459 is $6,747 per month. Households that rent pay about 11.81% of their income on rent here. 47459’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern 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
- 47403, IN: equally priced homes
- 47424, IN: less expensive homes
- 47404, IN: equally priced homes
- 47429, IN: higher priced homes
- 47434, IN: higher priced homes
- 47431, IN: less expensive homes
- 47458, IN: equally priced homes
- 47401, IN: higher priced homes
- 47460, IN: less expensive homes
- 47405, IN: higher priced homes
Zip Codes with Similar Populations
- 03584, NH: equally priced homes
- 72461, AR: less expensive homes
- 61360, IL: higher priced homes
- 50622, IA: higher priced homes
- 43318, OH: equally priced homes
- 39041, MS: equally priced homes
- 38664, MS: equally priced homes
- 31807, GA: higher priced homes
- 31328, GA: higher priced homes
- 30259, GA: higher priced homes
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