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These days, finding an affordable place to live in the 47949 area can be challenging. Home prices in 47949 are now at a median cost of $141,458, lower than the Indiana average of $232,932.
The average cost of rent is $946/mo in 47949, primarily driven by the current value of real estate in the 47949 area. In 47949, 18.52% of households rent, and 46.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47949 is $7,030 per month. Households that rent pay about 13.46% of their income on rent here. 47949’s most expensive areas are in the northern regions, while the cheapest areas are in the southern 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
- 47990, IN: equally priced homes
- 47958, IN: equally priced homes
- 47987, IN: equally priced homes
- 47994, IN: equally priced homes
- 47916, IN: equally priced homes
- 47952, IN: equally priced homes
- 47967, IN: higher priced homes
- 47933, IN: higher priced homes
- 47932, IN: higher priced homes
- 47965, IN: higher priced homes
Zip Codes with Similar Populations
- 45616, OH: equally priced homes
- 75449, TX: equally priced homes
- 73860, OK: less expensive homes
- 73090, OK: higher priced homes
- 63452, MO: equally priced homes
- 61327, IL: higher priced homes
- 61257, IL: higher priced homes
- 57385, SD: equally priced homes
- 47451, IN: higher priced homes
- 78953, TX: higher priced homes
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