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These days, finding an affordable place to live in the 47462 area can be challenging. Home prices in 47462 are now at a median cost of $170,502, lower than the Indiana average of $175,617.
The average cost of rent is $789/mo in 47462, primarily driven by the current value of real estate in the 47462 area. While nearly 39.69% of residents own their homes outright in 47462, 6.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47462 is $6,483 per month. Households that rent pay about 12.17% of their income on rent here. 47462's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 47420, IN: less expensive homes
- 47434, IN: higher priced homes
- 47453, IN: less expensive homes
- 47451, IN: less expensive homes
- 47470, IN: less expensive homes
- 47421, IN: less expensive homes
- 47458, IN: higher priced homes
- 47436, IN: equally priced homes
- 47424, IN: less expensive homes
- 47522, IN: less expensive homes
Zip Codes with Similar Populations
- 16630, PA: less expensive homes
- 76531, TX: less expensive homes
- 76365, TX: less expensive homes
- 21710, MD: higher priced homes
- 18421, PA: equally priced homes
- 18054, PA: higher priced homes
- 17529, PA: higher priced homes
- 17065, PA: higher priced homes
- 16947, PA: less expensive homes
- 77358, TX: less expensive homes
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