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These days, finding an affordable place to live in the 47588 area can be challenging. Home prices in 47588 are now at a median cost of $136,032, lower than the Indiana average of $175,617.
The average cost of rent is $774/mo in 47588, primarily driven by the current value of real estate in the 47588 area. While nearly 46.64% of residents own their homes outright in 47588, 9.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47588 is $4,993 per month. Households that rent pay about 15.51% of their income on rent here. 47588's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 47531, IN: higher priced homes
- 47586, IN: equally priced homes
- 47536, IN: higher priced homes
- 47550, IN: higher priced homes
- 47520, IN: less expensive homes
- 42351, KY: less expensive homes
- 47579, IN: higher priced homes
- 47577, IN: higher priced homes
- 47615, IN: equally priced homes
- 47515, IN: equally priced homes
Zip Codes with Similar Populations
- 99568, AK: higher priced homes
- 14777, NY: less expensive homes
- 13863, NY: less expensive homes
- 99179, WA: higher priced homes
- 04783, ME: equally priced homes
- 67732, KS: equally priced homes
- 64459, MO: higher priced homes
- 64688, MO: equally priced homes
- 64722, MO: higher priced homes
- 65077, MO: higher priced homes
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