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These days, finding an affordable place to live in the 47553 area can be challenging. Home prices in 47553 are now at a median cost of $172,839, lower than the Indiana average of $175,617.
The average cost of rent is $615/mo in 47553, primarily driven by the current value of real estate in the 47553 area. While nearly 45.36% of residents own their homes outright in 47553, 14.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47553 is $5,936 per month. Households that rent pay about 10.36% of their income on rent here. 47553's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 47519, IN: equally priced homes
- 47558, IN: higher priced homes
- 47581, IN: less expensive homes
- 47501, IN: less expensive homes
- 47437, IN: less expensive homes
- 47568, IN: less expensive homes
- 47469, IN: less expensive homes
- 47432, IN: less expensive homes
- 47597, IN: less expensive homes
- 47573, IN: equally priced homes
Zip Codes with Similar Populations
- 30905, GA: less expensive homes
- 72927, AR: less expensive homes
- 70734, LA: higher priced homes
- 54140, WI: less expensive homes
- 36025, AL: less expensive homes
- 35962, AL: less expensive homes
- 35654, AL: less expensive homes
- 34607, FL: higher priced homes
- 32052, FL: less expensive homes
- 74743, OK: less expensive homes
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