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These days, finding an affordable place to live in the 47942 area can be challenging. Home prices in 47942 are now at a median cost of $99,916, lower than the Indiana average of $175,617.
The average cost of rent is $704/mo in 47942, primarily driven by the current value of real estate in the 47942 area. While nearly 46.35% of residents own their homes outright in 47942, 17.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47942 is $5,661 per month. Households that rent pay about 12.43% of their income on rent here. 47942's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 47951, IN: less expensive homes
- 47944, IN: equally priced homes
- 47948, IN: less expensive homes
- 60966, IL: less expensive homes
- 47921, IN: less expensive homes
- 47977, IN: higher priced homes
- 47971, IN: equally priced homes
- 60953, IL: less expensive homes
- 60974, IL: higher priced homes
- 60973, IL: less expensive homes
Zip Codes with Similar Populations
- 50523, IA: higher priced homes
- 80457, CO: higher priced homes
- 79718, TX: equally priced homes
- 79506, TX: equally priced homes
- 78608, TX: higher priced homes
- 56545, MN: higher priced homes
- 56281, MN: higher priced homes
- 56051, MN: less expensive homes
- 54560, WI: higher priced homes
- 54537, WI: equally priced homes
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