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These days, finding an affordable place to live in the 47597 area can be challenging. Home prices in 47597 are now at a median cost of $154,861, lower than the Indiana average of $175,617.
The average cost of rent is $779/mo in 47597, primarily driven by the current value of real estate in the 47597 area. While nearly 51.60% of residents own their homes outright in 47597, 21.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47597 is $5,387 per month. Households that rent pay about 14.46% of their income on rent here. 47597's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 47557, IN: less expensive homes
- 47573, IN: equally priced homes
- 47501, IN: less expensive homes
- 47512, IN: less expensive homes
- 47516, IN: less expensive homes
- 47591, IN: less expensive homes
- 47568, IN: less expensive homes
- 47558, IN: higher priced homes
- 47524, IN: equally priced homes
- 47519, IN: higher priced homes
Zip Codes with Similar Populations
- 78963, TX: higher priced homes
- 26808, WV: equally priced homes
- 27936, NC: higher priced homes
- 27953, NC: equally priced homes
- 27974, NC: equally priced homes
- 28447, NC: less expensive homes
- 28448, NC: less expensive homes
- 29166, SC: less expensive homes
- 31207, GA: less expensive homes
- 31307, GA: equally priced homes
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