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These days, finding an affordable place to live in the 47471 area can be challenging. Home prices in 47471 are now at a median cost of $134,128, lower than the Indiana average of $232,932.
The average cost of rent is $702/mo in 47471, primarily driven by the current value of real estate in the 47471 area. In 47471, 15.76% of households rent, and 50.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47471 is $5,095 per month. Households that rent pay about 13.78% of their income on rent here. 47471’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern 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
- 47465, IN: higher priced homes
- 47427, IN: equally priced homes
- 47431, IN: higher priced homes
- 47424, IN: higher priced homes
- 47441, IN: equally priced homes
- 47438, IN: less expensive homes
- 47841, IN: equally priced homes
- 47459, IN: higher priced homes
- 47845, IN: higher priced homes
- 47848, IN: equally priced homes
Zip Codes with Similar Populations
- 12918, NY: higher priced homes
- 12981, NY: higher priced homes
- 14516, NY: higher priced homes
- 14517, NY: higher priced homes
- 02804, RI: higher priced homes
- 18930, PA: higher priced homes
- 26807, WV: higher priced homes
- 66748, KS: equally priced homes
- 74455, OK: less expensive homes
- 62938, IL: equally priced homes
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