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These days, finding an affordable place to live in the 47859 area can be challenging. Home prices in 47859 are now at a median cost of $169,026, lower than the Indiana average of $232,932.
The average cost of rent is $866/mo in 47859, primarily driven by the current value of real estate in the 47859 area. In 47859, 12.43% of households rent, and 48.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47859 is $6,711 per month. Households that rent pay about 12.90% of their income on rent here. 47859’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern 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
- 47832, IN: less expensive homes
- 47989, IN: less expensive homes
- 47872, IN: higher priced homes
- 47952, IN: less expensive homes
- 47916, IN: less expensive homes
- 46175, IN: higher priced homes
- 47862, IN: less expensive homes
- 47966, IN: equally priced homes
- 47860, IN: less expensive homes
- 47854, IN: equally priced homes
Zip Codes with Similar Populations
- 45849, OH: less expensive homes
- 72469, AR: equally priced homes
- 70040, LA: equally priced homes
- 67054, KS: equally priced homes
- 58849, ND: higher priced homes
- 58369, ND: less expensive homes
- 57577, SD: less expensive homes
- 51525, IA: higher priced homes
- 02659, MA: higher priced homes
- 49052, MI: higher priced homes
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