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These days, finding an affordable place to live in the 47854 area can be challenging. Home prices in 47854 are now at a median cost of $103,113, lower than the Indiana average of $175,617.
The average cost of rent is $658/mo in 47854, primarily driven by the current value of real estate in the 47854 area. While nearly 54.80% of residents own their homes outright in 47854, 7.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47854 is $5,622 per month. Households that rent pay about 11.71% of their income on rent here. 47854's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 47862, IN: less expensive homes
- 47847, IN: less expensive homes
- 47860, IN: less expensive homes
- 47966, IN: less expensive homes
- 47842, IN: less expensive homes
- 47832, IN: equally priced homes
- 47831, IN: less expensive homes
- 47872, IN: equally priced homes
- 47884, IN: equally priced homes
- 47874, IN: higher priced homes
Zip Codes with Similar Populations
- 97489, OR: higher priced homes
- 28556, NC: higher priced homes
- 28649, NC: higher priced homes
- 31038, GA: higher priced homes
- 31711, GA: higher priced homes
- 33849, FL: higher priced homes
- 33865, FL: higher priced homes
- 33960, FL: higher priced homes
- 36034, AL: equally priced homes
- 36768, AL: less expensive homes
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