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These days, finding an affordable place to live in the 47855 area can be challenging. Home prices in 47855 are now at a median cost of $104,061, lower than the Indiana average of $175,617.
The average cost of rent is $742/mo in 47855, primarily driven by the current value of real estate in the 47855 area. While nearly 22.18% of residents own their homes outright in 47855, 27.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47855 is $4,535 per month. Households that rent pay about 16.36% of their income on rent here. 47855's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 47845, IN: equally priced homes
- 47879, IN: less expensive homes
- 47438, IN: less expensive homes
- 47858, IN: equally priced homes
- 47850, IN: equally priced homes
- 47866, IN: higher priced homes
- 47882, IN: higher priced homes
- 47848, IN: equally priced homes
- 47841, IN: less expensive homes
- 47441, IN: higher priced homes
Zip Codes with Similar Populations
- 53526, WI: higher priced homes
- 76519, TX: higher priced homes
- 74641, OK: higher priced homes
- 74367, OK: less expensive homes
- 58230, ND: less expensive homes
- 57450, SD: less expensive homes
- 57427, SD: higher priced homes
- 56355, MN: higher priced homes
- 56216, MN: higher priced homes
- 55798, MN: higher priced homes
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