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These days, finding an affordable place to live in the 47923 area can be challenging. Home prices in 47923 are now at a median cost of $200,062, lower than the Indiana average of $232,932.
The average cost of rent is $1,019/mo in 47923, primarily driven by the current value of real estate in the 47923 area. In 47923, 18.32% of households rent, and 36.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47923 is $6,758 per month. Households that rent pay about 15.08% of their income on rent here. 47923’s most expensive areas are in the western regions, while the cheapest areas are in the central 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
- 47929, IN: equally priced homes
- 47920, IN: higher priced homes
- 47997, IN: equally priced homes
- 46923, IN: less expensive homes
- 47980, IN: equally priced homes
- 47960, IN: equally priced homes
- 47995, IN: less expensive homes
- 47950, IN: less expensive homes
- 47926, IN: less expensive homes
- 46916, IN: less expensive homes
Zip Codes with Similar Populations
- 15314, PA: less expensive homes
- 10926, NY: higher priced homes
- 10998, NY: higher priced homes
- 11935, NY: higher priced homes
- 97368, OR: higher priced homes
- 12083, NY: higher priced homes
- 44824, OH: equally priced homes
- 12466, NY: higher priced homes
- 12788, NY: higher priced homes
- 13408, NY: less expensive homes
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