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These days, finding an affordable place to live in the 47586 area can be challenging. Home prices in 47586 are now at a median cost of $137,354, lower than the Indiana average of $175,617.
The average cost of rent is $640/mo in 47586, primarily driven by the current value of real estate in the 47586 area. While nearly 33.67% of residents own their homes outright in 47586, 26.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47586 is $4,636 per month. Households that rent pay about 13.82% of their income on rent here. 47586's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 47520, IN: less expensive homes
- 47588, IN: equally priced homes
- 47531, IN: higher priced homes
- 42348, KY: less expensive homes
- 42351, KY: less expensive homes
- 47574, IN: equally priced homes
- 47525, IN: equally priced homes
- 47550, IN: higher priced homes
- 40111, KY: less expensive homes
- 47615, IN: equally priced homes
Zip Codes with Similar Populations
- 02347, MA: higher priced homes
- 33954, FL: higher priced homes
- 62010, IL: higher priced homes
- 61462, IL: less expensive homes
- 60143, IL: higher priced homes
- 60119, IL: higher priced homes
- 60097, IL: higher priced homes
- 46327, IN: less expensive homes
- 34453, FL: equally priced homes
- 34450, FL: equally priced homes
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