Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 47916 area can be challenging. Home prices in 47916 are now at a median cost of $247,000, higher than the Indiana average of $175,617.
The average cost of rent is $1,292/mo in 47916, primarily driven by the current value of real estate in the 47916 area. While nearly 54.47% of residents own their homes outright in 47916, 9.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47916 is $4,352 per month. Households that rent pay about 29.69% of their income on rent here. 47916's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 47990, IN: less expensive homes
- 47989, IN: less expensive homes
- 47965, IN: less expensive homes
- 47949, IN: less expensive homes
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- 46175, IN: less expensive homes
- 47952, IN: less expensive homes
- 47832, IN: less expensive homes
- 47954, IN: less expensive homes
Zip Codes with Similar Populations
- 65728, MO: equally priced homes
- 76848, TX: less expensive homes
- 76565, TX: less expensive homes
- 75848, TX: less expensive homes
- 74360, OK: less expensive homes
- 74068, OK: less expensive homes
- 73946, OK: less expensive homes
- 67559, KS: less expensive homes
- 66522, KS: equally priced homes
- 76873, TX: less expensive homes
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