
Expensive
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These days, finding an affordable place to live in the 47871 area can be challenging. Home prices in 47871 are now at a median cost of $177,600, higher than the Indiana average of $175,617.
The average cost of rent is $856/mo in 47871, primarily driven by the current value of real estate in the 47871 area. While nearly 29.17% of residents own their homes outright in 47871, 17.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47871 is $6,638 per month. Households that rent pay about 12.89% of their income on rent here. 47871's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
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- 47850, IN: less expensive homes
Zip Codes with Similar Populations
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