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These days, finding an affordable place to live in the 47963 area can be challenging. Home prices in 47963 are now at a median cost of $114,593, lower than the Indiana average of $175,617.
The average cost of rent is $706/mo in 47963, primarily driven by the current value of real estate in the 47963 area. While nearly 47.38% of residents own their homes outright in 47963, 18.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47963 is $5,126 per month. Households that rent pay about 13.78% of their income on rent here. 47963's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 47922, IN: less expensive homes
- 47964, IN: equally priced homes
- 60931, IL: less expensive homes
- 60912, IL: equally priced homes
- 60958, IL: less expensive homes
- 60945, IL: less expensive homes
- 47943, IN: higher priced homes
- 60956, IL: equally priced homes
- 47978, IN: higher priced homes
- 60951, IL: higher priced homes
Zip Codes with Similar Populations
- 02898, RI: higher priced homes
- 73048, OK: higher priced homes
- 72642, AR: higher priced homes
- 72619, AR: higher priced homes
- 71110, LA: higher priced homes
- 55031, MN: higher priced homes
- 50851, IA: less expensive homes
- 49896, MI: higher priced homes
- 49680, MI: higher priced homes
- 76578, TX: higher priced homes
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