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These days, finding an affordable place to live in the 47857 area can be challenging. Home prices in 47857 are now at a median cost of $145,074, lower than the Indiana average of $232,932.
The average cost of rent is $913/mo in 47857, primarily driven by the current value of real estate in the 47857 area. In 47857, 12.07% of households rent, and 42.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47857 is $5,489 per month. Households that rent pay about 16.63% of their income on rent here. 47857’s most expensive areas are in the southern 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
- 47853, IN: equally priced homes
- 47834, IN: higher priced homes
- 47881, IN: equally priced homes
- 47837, IN: higher priced homes
- 46171, IN: higher priced homes
- 47840, IN: higher priced homes
- 47851, IN: higher priced homes
- 47836, IN: higher priced homes
- 46170, IN: higher priced homes
- 47874, IN: equally priced homes
Zip Codes with Similar Populations
- 72668, AR: higher priced homes
- 52542, IA: higher priced homes
- 55782, MN: higher priced homes
- 56025, MN: higher priced homes
- 56043, MN: higher priced homes
- 57331, SD: higher priced homes
- 70541, LA: less expensive homes
- 70650, LA: higher priced homes
- 72536, AR: less expensive homes
- 72539, AR: less expensive homes
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