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These days, finding an affordable place to live in the 47514 area can be challenging. Home prices in 47514 are now at a median cost of $163,817, lower than the Indiana average of $175,617.
The average cost of rent is $758/mo in 47514, primarily driven by the current value of real estate in the 47514 area. While nearly 30.06% of residents own their homes outright in 47514, 9.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47514 is $7,430 per month. Households that rent pay about 10.20% of their income on rent here. 47514's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 47576, IN: less expensive homes
- 47551, IN: equally priced homes
- 47515, IN: less expensive homes
- 47174, IN: less expensive homes
- 47525, IN: less expensive homes
- 47123, IN: less expensive homes
- 47577, IN: equally priced homes
- 47137, IN: less expensive homes
- 47536, IN: higher priced homes
- 47588, IN: less expensive homes
Zip Codes with Similar Populations
- 78055, TX: higher priced homes
- 36005, AL: less expensive homes
- 45735, OH: less expensive homes
- 46776, IN: less expensive homes
- 47619, IN: less expensive homes
- 47990, IN: less expensive homes
- 48731, MI: less expensive homes
- 49689, MI: less expensive homes
- 54424, WI: higher priced homes
- 61006, IL: less expensive homes
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