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These days, finding an affordable place to live in the 47841 area can be challenging. Home prices in 47841 are now at a median cost of $90,735, lower than the Indiana average of $175,617.
The average cost of rent is $628/mo in 47841, primarily driven by the current value of real estate in the 47841 area. While nearly 50.45% of residents own their homes outright in 47841, 21.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47841 is $4,539 per month. Households that rent pay about 13.83% of their income on rent here. 47841's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 47427, IN: higher priced homes
- 47858, IN: equally priced homes
- 47846, IN: higher priced homes
- 47845, IN: equally priced homes
- 47455, IN: higher priced homes
- 47438, IN: equally priced homes
- 47833, IN: higher priced homes
- 47866, IN: higher priced homes
- 47471, IN: equally priced homes
- 47855, IN: higher priced homes
Zip Codes with Similar Populations
- 78950, TX: higher priced homes
- 54486, WI: higher priced homes
- 01537, MA: higher priced homes
- 55007, MN: higher priced homes
- 55047, MN: higher priced homes
- 56465, MN: higher priced homes
- 61427, IL: higher priced homes
- 62548, IL: higher priced homes
- 63966, MO: higher priced homes
- 64139, MO: higher priced homes
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