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These days, finding an affordable place to live in the 47959 area can be challenging. Home prices in 47959 are now at a median cost of $105,765, lower than the Indiana average of $232,932.
The average cost of rent is $853/mo in 47959, primarily driven by the current value of real estate in the 47959 area. In 47959, 26.24% of households rent, and 42.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47959 is $4,149 per month. Households that rent pay about 20.56% of their income on rent here. 47959’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern 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
- 47925, IN: higher priced homes
- 47980, IN: higher priced homes
- 47946, IN: higher priced homes
- 47960, IN: higher priced homes
- 47995, IN: higher priced homes
- 47950, IN: higher priced homes
- 47978, IN: higher priced homes
- 47977, IN: higher priced homes
- 47926, IN: higher priced homes
- 46985, IN: higher priced homes
Zip Codes with Similar Populations
- 95461, CA: higher priced homes
- 62428, IL: equally priced homes
- 54872, WI: higher priced homes
- 67144, KS: higher priced homes
- 44656, OH: higher priced homes
- 06377, CT: higher priced homes
- 54614, WI: higher priced homes
- 85121, AZ: higher priced homes
- 24440, VA: higher priced homes
- 21813, MD: higher priced homes
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