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These days, finding an affordable place to live in the 47872 area can be challenging. Home prices in 47872 are now at a median cost of $107,855, lower than the Indiana average of $175,617.
The average cost of rent is $847/mo in 47872, primarily driven by the current value of real estate in the 47872 area. While nearly 44.04% of residents own their homes outright in 47872, 15.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47872 is $4,779 per month. Households that rent pay about 17.73% of their income on rent here. 47872's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 47832, IN: equally priced homes
- 47859, IN: less expensive homes
- 47860, IN: less expensive homes
- 47836, IN: higher priced homes
- 47862, IN: less expensive homes
- 47837, IN: higher priced homes
- 47989, IN: equally priced homes
- 47874, IN: higher priced homes
- 47854, IN: equally priced homes
- 46175, IN: less expensive homes
Zip Codes with Similar Populations
- 98815, WA: higher priced homes
- 35652, AL: higher priced homes
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- 98589, WA: higher priced homes
- 34949, FL: higher priced homes
- 34688, FL: higher priced homes
- 33597, FL: higher priced homes
- 33548, FL: higher priced homes
- 32448, FL: less expensive homes
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