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These days, finding an affordable place to live in the 47537 area can be challenging. Home prices in 47537 are now at a median cost of $191,794, lower than the Indiana average of $232,932.
The average cost of rent is $742/mo in 47537, primarily driven by the current value of real estate in the 47537 area. In 47537, 27.64% of households rent, and 42.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47537 is $4,195 per month. Households that rent pay about 17.68% of their income on rent here. 47537’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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
- 47552, IN: higher priced homes
- 47637, IN: equally priced homes
- 47523, IN: less expensive homes
- 47611, IN: less expensive homes
- 47579, IN: higher priced homes
- 47550, IN: higher priced homes
- 47541, IN: less expensive homes
- 47536, IN: higher priced homes
- 47531, IN: equally priced homes
- 47601, IN: equally priced homes
Zip Codes with Similar Populations
- 04734, ME: less expensive homes
- 99118, WA: higher priced homes
- 99032, WA: higher priced homes
- 97461, OR: higher priced homes
- 92358, CA: higher priced homes
- 92317, CA: higher priced homes
- 83423, ID: higher priced homes
- 81235, CO: higher priced homes
- 81130, CO: higher priced homes
- 15684, PA: less expensive homes
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