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These days, finding an affordable place to live in the 47955 area can be challenging. Home prices in 47955 are now at a median cost of $171,798, lower than the Indiana average of $232,932.
The average cost of rent is $745/mo in 47955, primarily driven by the current value of real estate in the 47955 area. In 47955, 22.28% of households rent, and 41.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47955 is $6,525 per month. Households that rent pay about 11.42% of their income on rent here. 47955’s most expensive areas are in the eastern regions, while the cheapest areas are in the central 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
- 47981, IN: higher priced homes
- 47967, IN: equally priced homes
- 47940, IN: equally priced homes
- 47983, IN: higher priced homes
- 47994, IN: less expensive homes
- 47930, IN: equally priced homes
- 47933, IN: equally priced homes
- 47990, IN: less expensive homes
- 46035, IN: equally priced homes
- 47969, IN: equally priced homes
Zip Codes with Similar Populations
- 78877, TX: higher priced homes
- 20615, MD: higher priced homes
- 20896, MD: higher priced homes
- 21645, MD: higher priced homes
- 23169, VA: higher priced homes
- 23395, VA: higher priced homes
- 23436, VA: higher priced homes
- 24076, VA: equally priced homes
- 25035, WV: less expensive homes
- 38674, MS: less expensive homes
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