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These days, finding an affordable place to live in the 47882 area can be challenging. Home prices in 47882 are now at a median cost of $146,640, lower than the Indiana average of $232,932.
The average cost of rent is $923/mo in 47882, primarily driven by the current value of real estate in the 47882 area. In 47882, 25.02% of households rent, and 39.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47882 is $5,167 per month. Households that rent pay about 17.86% of their income on rent here. 47882’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 47865, IN: less expensive homes
- 47879, IN: less expensive homes
- 47861, IN: higher priced homes
- 47855, IN: less expensive homes
- 47848, IN: equally priced homes
- 47838, IN: less expensive homes
- 47849, IN: equally priced homes
- 47845, IN: higher priced homes
- 47438, IN: less expensive homes
- 62451, IL: less expensive homes
Zip Codes with Similar Populations
- 02054, MA: higher priced homes
- 73086, OK: equally priced homes
- 66220, KS: higher priced homes
- 32626, FL: higher priced homes
- 30510, GA: higher priced homes
- 30288, GA: higher priced homes
- 29330, SC: higher priced homes
- 19137, PA: higher priced homes
- 18210, PA: higher priced homes
- 16055, PA: higher priced homes
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