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These days, finding an affordable place to live in the 47948 area can be challenging. Home prices in 47948 are now at a median cost of $86,703, lower than the Indiana average of $175,617.
The average cost of rent is $776/mo in 47948, primarily driven by the current value of real estate in the 47948 area. While nearly 35.72% of residents own their homes outright in 47948, 22.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47948 is $4,265 per month. Households that rent pay about 18.19% of their income on rent here. 47948's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 47977, IN: higher priced homes
- 47922, IN: equally priced homes
- 47951, IN: equally priced homes
- 47942, IN: higher priced homes
- 47944, IN: higher priced homes
- 47995, IN: higher priced homes
- 60966, IL: less expensive homes
- 60945, IL: equally priced homes
- 60931, IL: equally priced homes
- 47980, IN: higher priced homes
Zip Codes with Similar Populations
- 05769, VT: higher priced homes
- 25938, WV: higher priced homes
- 25262, WV: higher priced homes
- 20684, MD: higher priced homes
- 20621, MD: higher priced homes
- 16935, PA: higher priced homes
- 16874, PA: higher priced homes
- 16020, PA: higher priced homes
- 15673, PA: higher priced homes
- 13464, NY: equally priced homes
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