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These days, finding an affordable place to live in the 47804 area can be challenging. Home prices in 47804 are now at a median cost of $101,905, lower than the Indiana average of $232,932.
The average cost of rent is $931/mo in 47804, primarily driven by the current value of real estate in the 47804 area. In 47804, 42.95% of households rent, and 40.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47804 is $3,642 per month. Households that rent pay about 25.57% of their income on rent here. 47804’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern 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
- 47807, IN: less expensive homes
- 47809, IN: higher priced homes
- 47803, IN: higher priced homes
- 47876, IN: higher priced homes
- 47805, IN: higher priced homes
- 47885, IN: higher priced homes
- 47802, IN: higher priced homes
- 47863, IN: higher priced homes
- 47871, IN: higher priced homes
- 47851, IN: higher priced homes
Zip Codes with Similar Populations
- 85123, AZ: higher priced homes
- 19021, PA: higher priced homes
- 20710, MD: higher priced homes
- 20736, MD: higher priced homes
- 29510, SC: higher priced homes
- 31082, GA: higher priced homes
- 75650, TX: higher priced homes
- 76655, TX: higher priced homes
- 78578, TX: higher priced homes
- 81050, CO: higher priced homes
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