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These days, finding an affordable place to live in the 47966 area can be challenging. Home prices in 47966 are now at a median cost of $164,100, lower than the Indiana average of $232,932.
The average cost of rent is $920/mo in 47966, primarily driven by the current value of real estate in the 47966 area. In 47966, 12.61% of households rent, and 59.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47966 is $5,156 per month. Households that rent pay about 17.84% of their income on rent here. 47966’s most expensive areas are in the central 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
- 47928, IN: less expensive homes
- 47847, IN: less expensive homes
- 47854, IN: equally priced homes
- 47862, IN: less expensive homes
- 47952, IN: less expensive homes
- 47832, IN: equally priced homes
- 47860, IN: less expensive homes
- 47859, IN: equally priced homes
- 61870, IL: less expensive homes
- 61846, IL: less expensive homes
Zip Codes with Similar Populations
- 71473, LA: less expensive homes
- 56760, MN: higher priced homes
- 57365, SD: higher priced homes
- 57432, SD: less expensive homes
- 57434, SD: less expensive homes
- 57529, SD: equally priced homes
- 57620, SD: less expensive homes
- 68464, NE: less expensive homes
- 68859, NE: equally priced homes
- 68882, NE: equally priced homes
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