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These days, finding an affordable place to live in the 47946 area can be challenging. Home prices in 47946 are now at a median cost of $123,370, lower than the Indiana average of $175,617.
The average cost of rent is $832/mo in 47946, primarily driven by the current value of real estate in the 47946 area. While nearly 55.40% of residents own their homes outright in 47946, 26.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47946 is $5,346 per month. Households that rent pay about 15.57% of their income on rent here. 47946's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 47957, IN: less expensive homes
- 47959, IN: less expensive homes
- 47925, IN: less expensive homes
- 46996, IN: equally priced homes
- 47978, IN: higher priced homes
- 46985, IN: equally priced homes
- 47943, IN: higher priced homes
- 46978, IN: less expensive homes
- 47964, IN: less expensive homes
- 46939, IN: less expensive homes
Zip Codes with Similar Populations
- 04965, ME: equally priced homes
- 05473, VT: higher priced homes
- 05829, VT: higher priced homes
- 61937, IL: less expensive homes
- 45682, OH: less expensive homes
- 61469, IL: less expensive homes
- 57442, SD: less expensive homes
- 55985, MN: higher priced homes
- 54627, WI: higher priced homes
- 54471, WI: higher priced homes
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