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These days, finding an affordable place to live in the 47833 area can be challenging. Home prices in 47833 are now at a median cost of $149,857, lower than the Indiana average of $232,932.
The average cost of rent is $871/mo in 47833, primarily driven by the current value of real estate in the 47833 area. In 47833, 14.21% of households rent, and 42.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47833 is $5,486 per month. Households that rent pay about 15.88% of their income on rent here. 47833’s most expensive areas are in the eastern 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
- 47455, IN: less expensive homes
- 47868, IN: higher priced homes
- 47840, IN: higher priced homes
- 47427, IN: less expensive homes
- 47841, IN: equally priced homes
- 47431, IN: higher priced homes
- 47846, IN: less expensive homes
- 47460, IN: higher priced homes
- 47881, IN: equally priced homes
- 47858, IN: higher priced homes
Zip Codes with Similar Populations
- 48720, MI: equally priced homes
- 78548, TX: less expensive homes
- 77560, TX: higher priced homes
- 51354, IA: less expensive homes
- 50118, IA: higher priced homes
- 50069, IA: higher priced homes
- 50055, IA: higher priced homes
- 49879, MI: less expensive homes
- 49745, MI: higher priced homes
- 78549, TX: less expensive homes
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