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These days, finding an affordable place to live in the 47950 area can be challenging. Home prices in 47950 are now at a median cost of $100,700, lower than the Indiana average of $175,617.
The average cost of rent is $768/mo in 47950, primarily driven by the current value of real estate in the 47950 area. While nearly 51.18% of residents own their homes outright in 47950, 29.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47950 is $5,578 per month. Households that rent pay about 13.77% of their income on rent here. 47950's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 47926, IN: higher priced homes
- 47960, IN: higher priced homes
- 47925, IN: equally priced homes
- 47997, IN: higher priced homes
- 46978, IN: equally priced homes
- 46916, IN: less expensive homes
- 47980, IN: higher priced homes
- 47959, IN: equally priced homes
- 47929, IN: higher priced homes
- 46917, IN: higher priced homes
Zip Codes with Similar Populations
- 08247, NJ: higher priced homes
- 01079, MA: higher priced homes
- 18371, PA: higher priced homes
- 17581, PA: higher priced homes
- 17255, PA: higher priced homes
- 16932, PA: higher priced homes
- 16405, PA: higher priced homes
- 15856, PA: higher priced homes
- 14729, NY: higher priced homes
- 14556, NY: higher priced homes
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