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These days, finding an affordable place to live in the 47585 area can be challenging. Home prices in 47585 are now at a median cost of $152,655, lower than the Indiana average of $175,617.
The average cost of rent is $734/mo in 47585, primarily driven by the current value of real estate in the 47585 area. While nearly 62.20% of residents own their homes outright in 47585, 8.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47585 is $5,026 per month. Households that rent pay about 14.61% of their income on rent here. 47585's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 47541, IN: less expensive homes
- 47584, IN: less expensive homes
- 47590, IN: equally priced homes
- 47598, IN: less expensive homes
- 47619, IN: less expensive homes
- 47542, IN: equally priced homes
- 47523, IN: less expensive homes
- 47637, IN: higher priced homes
- 47660, IN: less expensive homes
- 47537, IN: higher priced homes
Zip Codes with Similar Populations
- 72333, AR: less expensive homes
- 50654, IA: higher priced homes
- 51014, IA: less expensive homes
- 51062, IA: higher priced homes
- 51230, IA: higher priced homes
- 52170, IA: higher priced homes
- 56245, MN: equally priced homes
- 57476, SD: higher priced homes
- 68439, NE: less expensive homes
- 68722, NE: less expensive homes
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