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These days, finding an affordable place to live in the 47802 area can be challenging. Home prices in 47802 are now at a median cost of $146,397, lower than the Indiana average of $175,617.
The average cost of rent is $793/mo in 47802, primarily driven by the current value of real estate in the 47802 area. While nearly 32.53% of residents own their homes outright in 47802, 39.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47802 is $5,065 per month. Households that rent pay about 15.67% of their income on rent here. 47802's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 47807, IN: less expensive homes
- 47809, IN: less expensive homes
- 47803, IN: higher priced homes
- 47871, IN: higher priced homes
- 47804, IN: less expensive homes
- 47885, IN: less expensive homes
- 47876, IN: less expensive homes
- 62423, IL: less expensive homes
- 47805, IN: equally priced homes
- 47846, IN: less expensive homes
Zip Codes with Similar Populations
- 02472, MA: higher priced homes
- 35601, AL: less expensive homes
- 11566, NY: higher priced homes
- 48312, MI: higher priced homes
- 43213, OH: higher priced homes
- 50266, IA: higher priced homes
- 51501, IA: less expensive homes
- 53188, WI: higher priced homes
- 58801, ND: higher priced homes
- 60185, IL: higher priced homes
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