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These days, finding an affordable place to live in the 47970 area can be challenging. Home prices in 47970 are now at a median cost of $151,269, lower than the Indiana average of $175,617.
The average cost of rent is $754/mo in 47970, primarily driven by the current value of real estate in the 47970 area. While nearly 42.70% of residents own their homes outright in 47970, 22.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47970 is $5,366 per month. Households that rent pay about 14.05% of their income on rent here. 47970's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 47986, IN: less expensive homes
- 47971, IN: less expensive homes
- 47975, IN: equally priced homes
- 47906, IN: higher priced homes
- 47907, IN: higher priced homes
- 47992, IN: higher priced homes
- 47901, IN: less expensive homes
- 47904, IN: less expensive homes
- 47918, IN: less expensive homes
- 47909, IN: equally priced homes
Zip Codes with Similar Populations
- 12173, NY: higher priced homes
- 50636, IA: less expensive homes
- 56037, MN: higher priced homes
- 55949, MN: higher priced homes
- 55790, MN: higher priced homes
- 54670, WI: higher priced homes
- 52352, IA: higher priced homes
- 52142, IA: less expensive homes
- 51248, IA: less expensive homes
- 51030, IA: higher priced homes
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