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These days, finding an affordable place to live in the 47850 area can be challenging. Home prices in 47850 are now at a median cost of $104,034, lower than the Indiana average of $175,617.
The average cost of rent is $798/mo in 47850, primarily driven by the current value of real estate in the 47850 area. While nearly 36.12% of residents own their homes outright in 47850, 11.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47850 is $4,650 per month. Households that rent pay about 17.16% of their income on rent here. 47850's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 47879, IN: less expensive homes
- 47866, IN: higher priced homes
- 47869, IN: higher priced homes
- 47855, IN: equally priced homes
- 47849, IN: higher priced homes
- 47858, IN: equally priced homes
- 47845, IN: equally priced homes
- 47871, IN: higher priced homes
- 47438, IN: less expensive homes
- 47846, IN: higher priced homes
Zip Codes with Similar Populations
- 71958, AR: less expensive homes
- 38761, MS: less expensive homes
- 39423, MS: higher priced homes
- 41086, KY: higher priced homes
- 46070, IN: equally priced homes
- 54111, WI: higher priced homes
- 55769, MN: higher priced homes
- 56232, MN: higher priced homes
- 58220, ND: higher priced homes
- 61723, IL: equally priced homes
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