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These days, finding an affordable place to live in the 47591 area can be challenging. Home prices in 47591 are now at a median cost of $168,131, lower than the Indiana average of $232,932.
The average cost of rent is $1,026/mo in 47591, primarily driven by the current value of real estate in the 47591 area. In 47591, 36.32% of households rent, and 41.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47591 is $6,275 per month. Households that rent pay about 16.35% of their income on rent here. 47591’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 47516, IN: equally priced homes
- 62439, IL: less expensive homes
- 47557, IN: equally priced homes
- 62460, IL: less expensive homes
- 47597, IN: less expensive homes
- 47524, IN: higher priced homes
- 47573, IN: less expensive homes
- 47512, IN: less expensive homes
- 62417, IL: less expensive homes
- 62410, IL: less expensive homes
Zip Codes with Similar Populations
- 78222, TX: higher priced homes
- 44011, OH: higher priced homes
- 44310, OH: less expensive homes
- 44483, OH: less expensive homes
- 00705, PR: less expensive homes
- 54403, WI: higher priced homes
- 60051, IL: higher priced homes
- 60160, IL: higher priced homes
- 67501, KS: less expensive homes
- 70802, LA: higher priced homes
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