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These days, finding an affordable place to live in the 47715 area can be challenging. Home prices in 47715 are now at a median cost of $207,373, lower than the Indiana average of $232,932.
The average cost of rent is $1,053/mo in 47715, primarily driven by the current value of real estate in the 47715 area. In 47715, 50.42% of households rent, and 40.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47715 is $5,678 per month. Households that rent pay about 18.55% of their income on rent here. 47715’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern 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
- 47714, IN: less expensive homes
- 47711, IN: less expensive homes
- 47713, IN: less expensive homes
- 47630, IN: higher priced homes
- 47708, IN: higher priced homes
- 47710, IN: less expensive homes
- 47610, IN: less expensive homes
- 47725, IN: higher priced homes
- 42458, KY: less expensive homes
- 47720, IN: equally priced homes
Zip Codes with Similar Populations
- 06604, CT: higher priced homes
- 08330, NJ: higher priced homes
- 10039, NY: higher priced homes
- 10303, NY: higher priced homes
- 11361, NY: higher priced homes
- 17815, PA: equally priced homes
- 35810, AL: less expensive homes
- 22310, VA: higher priced homes
- 31021, GA: equally priced homes
- 31322, GA: higher priced homes
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