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These days, finding an affordable place to live in the 47834 area can be challenging. Home prices in 47834 are now at a median cost of $161,004, lower than the Indiana average of $232,932.
The average cost of rent is $980/mo in 47834, primarily driven by the current value of real estate in the 47834 area. In 47834, 19.56% of households rent, and 38.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47834 is $6,616 per month. Households that rent pay about 14.81% of their income on rent here. 47834’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
- 47857, IN: less expensive homes
- 47853, IN: less expensive homes
- 47881, IN: equally priced homes
- 47837, IN: higher priced homes
- 47851, IN: equally priced homes
- 47840, IN: higher priced homes
- 46171, IN: higher priced homes
- 47836, IN: higher priced homes
- 47874, IN: equally priced homes
- 47805, IN: higher priced homes
Zip Codes with Similar Populations
- 02766, MA: higher priced homes
- 07095, NJ: higher priced homes
- 11021, NY: higher priced homes
- 75402, TX: higher priced homes
- 34223, FL: higher priced homes
- 00751, PR: less expensive homes
- 36606, AL: less expensive homes
- 44023, OH: higher priced homes
- 44511, OH: less expensive homes
- 45449, OH: equally priced homes
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