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These days, finding an affordable place to live in the 47524 area can be challenging. Home prices in 47524 are now at a median cost of $157,683, lower than the Indiana average of $175,617.
The average cost of rent is $455/mo in 47524, primarily driven by the current value of real estate in the 47524 area. While nearly 46.63% of residents own their homes outright in 47524, 13.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47524 is $6,140 per month. Households that rent pay about 7.41% of their income on rent here. 47524's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 47640, IN: less expensive homes
- 47666, IN: equally priced homes
- 62460, IL: less expensive homes
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- 47567, IN: less expensive homes
- 62863, IL: less expensive homes
- 47597, IN: equally priced homes
- 47501, IN: less expensive homes
Zip Codes with Similar Populations
- 58405, ND: equally priced homes
- 56170, MN: equally priced homes
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- 56237, MN: less expensive homes
- 57436, SD: less expensive homes
- 04653, ME: higher priced homes
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- 58046, ND: less expensive homes
- 58231, ND: less expensive homes
- 55603, MN: higher priced homes
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