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Affordable
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These days, finding an affordable place to live in the 47639 area can be challenging. Home prices in 47639 are now at a median cost of $282,983, higher than the Indiana average of $232,932.
The average cost of rent is $894/mo in 47639, primarily driven by the current value of real estate in the 47639 area. In 47639, 14.55% of households rent, and 43.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47639 is $8,080 per month. Households that rent pay about 11.07% of their income on rent here. 47639’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern 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
- 47648, IN: less expensive homes
- 47612, IN: less expensive homes
- 47613, IN: less expensive homes
- 47725, IN: equally priced homes
- 47665, IN: less expensive homes
- 47654, IN: less expensive homes
- 47720, IN: less expensive homes
- 47633, IN: less expensive homes
- 47683, IN: less expensive homes
- 47710, IN: less expensive homes
Zip Codes with Similar Populations
- 05477, VT: higher priced homes
- 14423, NY: less expensive homes
- 95685, CA: higher priced homes
- 95722, CA: higher priced homes
- 08825, NJ: higher priced homes
- 06510, CT: higher priced homes
- 17724, PA: less expensive homes
- 05060, VT: equally priced homes
- 04989, ME: less expensive homes
- 04578, ME: higher priced homes
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