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These days, finding an affordable place to live in the 47971 area can be challenging. Home prices in 47971 are now at a median cost of $103,404, lower than the Indiana average of $175,617.
The average cost of rent is $615/mo in 47971, primarily driven by the current value of real estate in the 47971 area. While nearly 39.85% of residents own their homes outright in 47971, 18.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47971 is $4,138 per month. Households that rent pay about 14.87% of their income on rent here. 47971's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 47986, IN: equally priced homes
- 47975, IN: higher priced homes
- 47921, IN: less expensive homes
- 47944, IN: equally priced homes
- 47970, IN: higher priced homes
- 47917, IN: higher priced homes
- 47942, IN: equally priced homes
- 47906, IN: higher priced homes
- 47907, IN: higher priced homes
- 47901, IN: higher priced homes
Zip Codes with Similar Populations
- 10162, NY: higher priced homes
- 13428, NY: equally priced homes
- 56110, MN: higher priced homes
- 72633, AR: higher priced homes
- 71272, LA: higher priced homes
- 68979, NE: higher priced homes
- 66050, KS: higher priced homes
- 62037, IL: higher priced homes
- 58722, ND: higher priced homes
- 58622, ND: higher priced homes
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