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These days, finding an affordable place to live in the 47512 area can be challenging. Home prices in 47512 are now at a median cost of $76,527, lower than the Indiana average of $175,617.
The average cost of rent is $674/mo in 47512, primarily driven by the current value of real estate in the 47512 area. While nearly 47.49% of residents own their homes outright in 47512, 35.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47512 is $4,434 per month. Households that rent pay about 15.20% of their income on rent here. 47512's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 47573, IN: higher priced homes
- 47528, IN: less expensive homes
- 47516, IN: higher priced homes
- 47535, IN: higher priced homes
- 47596, IN: equally priced homes
- 47597, IN: higher priced homes
- 47561, IN: higher priced homes
- 47568, IN: higher priced homes
- 47501, IN: higher priced homes
- 47591, IN: higher priced homes
Zip Codes with Similar Populations
- 55981, MN: higher priced homes
- 27050, NC: higher priced homes
- 27874, NC: equally priced homes
- 27976, NC: higher priced homes
- 40008, KY: higher priced homes
- 40146, KY: higher priced homes
- 42086, KY: higher priced homes
- 50648, IA: higher priced homes
- 54970, WI: higher priced homes
- 27027, NC: higher priced homes
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