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These days, finding an affordable place to live in the 47520 area can be challenging. Home prices in 47520 are now at a median cost of $121,483, lower than the Indiana average of $175,617.
The average cost of rent is $653/mo in 47520, primarily driven by the current value of real estate in the 47520 area. While nearly 39.00% of residents own their homes outright in 47520, 19.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47520 is $5,056 per month. Households that rent pay about 12.92% of their income on rent here. 47520's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 47586, IN: higher priced homes
- 47574, IN: higher priced homes
- 42348, KY: equally priced homes
- 47588, IN: higher priced homes
- 40111, KY: less expensive homes
- 47525, IN: higher priced homes
- 40170, KY: less expensive homes
- 47531, IN: higher priced homes
- 42351, KY: equally priced homes
- 40171, KY: less expensive homes
Zip Codes with Similar Populations
- 02639, MA: higher priced homes
- 41749, KY: less expensive homes
- 45159, OH: equally priced homes
- 35958, AL: higher priced homes
- 14712, NY: higher priced homes
- 20776, MD: higher priced homes
- 25123, WV: higher priced homes
- 28905, NC: higher priced homes
- 74547, OK: less expensive homes
- 57325, SD: higher priced homes
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