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These days, finding an affordable place to live in the 47954 area can be challenging. Home prices in 47954 are now at a median cost of $195,199, lower than the Indiana average of $232,932.
The average cost of rent is $855/mo in 47954, primarily driven by the current value of real estate in the 47954 area. In 47954, 10.40% of households rent, and 35.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47954 is $6,659 per month. Households that rent pay about 12.84% of their income on rent here. 47954’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern 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
- 46172, IN: less expensive homes
- 47968, IN: equally priced homes
- 47965, IN: higher priced homes
- 46165, IN: higher priced homes
- 47933, IN: less expensive homes
- 46147, IN: higher priced homes
- 46175, IN: higher priced homes
- 46102, IN: higher priced homes
- 47989, IN: less expensive homes
- 46149, IN: higher priced homes
Zip Codes with Similar Populations
- 96722, HI: higher priced homes
- 53507, WI: higher priced homes
- 52336, IA: higher priced homes
- 01257, MA: higher priced homes
- 48654, MI: less expensive homes
- 45873, OH: less expensive homes
- 41189, KY: less expensive homes
- 74339, OK: less expensive homes
- 30731, GA: equally priced homes
- 27559, NC: higher priced homes
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