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These days, finding an affordable place to live in the 47470 area can be challenging. Home prices in 47470 are now at a median cost of $199,709, lower than the Indiana average of $232,932.
The average cost of rent is $1,238/mo in 47470, primarily driven by the current value of real estate in the 47470 area. In 47470, 14.47% of households rent, and 39.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47470 is $7,650 per month. Households that rent pay about 16.18% of their income on rent here. 47470’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western 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
- 47437, IN: less expensive homes
- 47420, IN: higher priced homes
- 47451, IN: less expensive homes
- 47421, IN: equally priced homes
- 47462, IN: equally priced homes
- 47446, IN: less expensive homes
- 47453, IN: higher priced homes
- 47522, IN: less expensive homes
- 47457, IN: equally priced homes
- 47436, IN: higher priced homes
Zip Codes with Similar Populations
- 13402, NY: less expensive homes
- 74723, OK: less expensive homes
- 23071, VA: higher priced homes
- 73858, OK: less expensive homes
- 21659, MD: higher priced homes
- 73061, OK: less expensive homes
- 17812, PA: less expensive homes
- 81047, CO: equally priced homes
- 72372, AR: less expensive homes
- 13490, NY: higher priced homes
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