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These days, finding an affordable place to live in the 47941 area can be challenging. Home prices in 47941 are now at a median cost of $150,100, lower than the Indiana average of $175,617.
The average cost of rent is $1,327/mo in 47941, primarily driven by the current value of real estate in the 47941 area. While nearly 28.30% of residents own their homes outright in 47941, 36.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47941 is $4,170 per month. Households that rent pay about 31.82% of their income on rent here. 47941's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 47905, IN: higher priced homes
- 47909, IN: equally priced homes
- 46058, IN: less expensive homes
- 47983, IN: higher priced homes
- 47904, IN: less expensive homes
- 47901, IN: less expensive homes
- 47924, IN: less expensive homes
- 47907, IN: higher priced homes
- 47930, IN: equally priced homes
- 46065, IN: higher priced homes
Zip Codes with Similar Populations
- 41425, KY: less expensive homes
- 22949, VA: higher priced homes
- 26260, WV: higher priced homes
- 29111, SC: less expensive homes
- 93424, CA: higher priced homes
- 93201, CA: less expensive homes
- 32622, FL: equally priced homes
- 85618, AZ: less expensive homes
- 84520, UT: less expensive homes
- 81654, CO: higher priced homes
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