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These days, finding an affordable place to live in the 47550 area can be challenging. Home prices in 47550 are now at a median cost of $166,640, lower than the Indiana average of $175,617.
The average cost of rent is $713/mo in 47550, primarily driven by the current value of real estate in the 47550 area. While nearly 41.59% of residents own their homes outright in 47550, 9.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47550 is $6,255 per month. Households that rent pay about 11.40% of their income on rent here. 47550's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 47579, IN: higher priced homes
- 47531, IN: equally priced homes
- 47552, IN: higher priced homes
- 47536, IN: equally priced homes
- 47611, IN: less expensive homes
- 47537, IN: equally priced homes
- 47615, IN: less expensive homes
- 47588, IN: less expensive homes
- 47523, IN: less expensive homes
- 47577, IN: equally priced homes
Zip Codes with Similar Populations
- 84521, UT: less expensive homes
- 23050, VA: higher priced homes
- 23055, VA: equally priced homes
- 23357, VA: equally priced homes
- 25075, WV: less expensive homes
- 25638, WV: less expensive homes
- 26320, WV: less expensive homes
- 27866, NC: less expensive homes
- 27885, NC: less expensive homes
- 30821, GA: less expensive homes
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