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These days, finding an affordable place to live in the 47615 area can be challenging. Home prices in 47615 are now at a median cost of $134,699, lower than the Indiana average of $175,617.
The average cost of rent is $734/mo in 47615, primarily driven by the current value of real estate in the 47615 area. While nearly 44.24% of residents own their homes outright in 47615, 17.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47615 is $5,016 per month. Households that rent pay about 14.64% of their income on rent here. 47615's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 42351, KY: less expensive homes
- 47611, IN: less expensive homes
- 47550, IN: higher priced homes
- 42355, KY: less expensive homes
- 47635, IN: equally priced homes
- 47531, IN: higher priced homes
- 47588, IN: equally priced homes
- 47634, IN: equally priced homes
- 47586, IN: equally priced homes
- 42348, KY: less expensive homes
Zip Codes with Similar Populations
- 03226, NH: higher priced homes
- 03837, NH: higher priced homes
- 04955, ME: equally priced homes
- 05483, VT: higher priced homes
- 05830, VT: higher priced homes
- 06242, CT: higher priced homes
- 13650, NY: higher priced homes
- 14028, NY: equally priced homes
- 14477, NY: equally priced homes
- 14898, NY: less expensive homes
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