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These days, finding an affordable place to live in the 47562 area can be challenging. Home prices in 47562 are now at a median cost of $177,419, higher than the Indiana average of $175,617.
The average cost of rent is $564/mo in 47562, primarily driven by the current value of real estate in the 47562 area. While nearly 62.61% of residents own their homes outright in 47562, 18.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47562 is $6,011 per month. Households that rent pay about 9.39% of their income on rent here. 47562's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 47529, IN: less expensive homes
- 47522, IN: less expensive homes
- 47449, IN: less expensive homes
- 47457, IN: less expensive homes
- 47568, IN: less expensive homes
- 47443, IN: less expensive homes
- 47578, IN: less expensive homes
- 47596, IN: less expensive homes
- 47528, IN: less expensive homes
- 47453, IN: less expensive homes
Zip Codes with Similar Populations
- 29335, SC: less expensive homes
- 72106, AR: less expensive homes
- 35980, AL: less expensive homes
- 34773, FL: higher priced homes
- 32668, FL: less expensive homes
- 32628, FL: less expensive homes
- 32577, FL: equally priced homes
- 32130, FL: equally priced homes
- 31822, GA: higher priced homes
- 31816, GA: less expensive homes
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