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These days, finding an affordable place to live in the 47581 area can be challenging. Home prices in 47581 are now at a median cost of $125,479, lower than the Indiana average of $175,617.
The average cost of rent is $507/mo in 47581, primarily driven by the current value of real estate in the 47581 area. While nearly 49.70% of residents own their homes outright in 47581, 18.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47581 is $5,221 per month. Households that rent pay about 9.71% of their income on rent here. 47581's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 47437, IN: higher priced homes
- 47553, IN: higher priced homes
- 47469, IN: higher priced homes
- 47519, IN: higher priced homes
- 47432, IN: less expensive homes
- 47558, IN: higher priced homes
- 47446, IN: equally priced homes
- 47452, IN: equally priced homes
- 47454, IN: less expensive homes
- 47568, IN: equally priced homes
Zip Codes with Similar Populations
- 54124, WI: less expensive homes
- 06853, CT: higher priced homes
- 15531, PA: less expensive homes
- 54107, WI: higher priced homes
- 47305, IN: less expensive homes
- 27544, NC: less expensive homes
- 61019, IL: higher priced homes
- 30079, GA: higher priced homes
- 62016, IL: less expensive homes
- 38917, MS: higher priced homes
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