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These days, finding an affordable place to live in the 47637 area can be challenging. Home prices in 47637 are now at a median cost of $192,361, lower than the Indiana average of $232,932.
The average cost of rent is $829/mo in 47637, primarily driven by the current value of real estate in the 47637 area. In 47637, 10.08% of households rent, and 47.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47637 is $6,112 per month. Households that rent pay about 13.57% of their income on rent here. 47637’s most expensive areas are in the western regions, while the cheapest areas are in the southern 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
- 47537, IN: equally priced homes
- 47552, IN: higher priced homes
- 47523, IN: less expensive homes
- 47611, IN: less expensive homes
- 47601, IN: equally priced homes
- 47541, IN: less expensive homes
- 47619, IN: less expensive homes
- 47585, IN: higher priced homes
- 47584, IN: less expensive homes
- 47579, IN: higher priced homes
Zip Codes with Similar Populations
- 96759, HI: higher priced homes
- 13348, NY: equally priced homes
- 01039, MA: higher priced homes
- 24635, VA: less expensive homes
- 26074, WV: equally priced homes
- 69022, NE: less expensive homes
- 71261, LA: less expensive homes
- 68824, NE: higher priced homes
- 68359, NE: equally priced homes
- 67428, KS: equally priced homes
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