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These days, finding an affordable place to live in the 47974 area can be challenging. Home prices in 47974 are now at a median cost of $123,645, lower than the Indiana average of $232,932.
The average cost of rent is $789/mo in 47974, primarily driven by the current value of real estate in the 47974 area. In 47974, 26.83% of households rent, and 42.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47974 is $7,373 per month. Households that rent pay about 10.70% of their income on rent here. 47974’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 47932, IN: higher priced homes
- 47928, IN: less expensive homes
- 61883, IL: less expensive homes
- 61833, IL: less expensive homes
- 47952, IN: equally priced homes
- 61846, IL: less expensive homes
- 47982, IN: higher priced homes
- 61834, IL: equally priced homes
- 61832, IL: less expensive homes
- 47987, IN: higher priced homes
Zip Codes with Similar Populations
- 97865, OR: higher priced homes
- 04680, ME: higher priced homes
- 04765, ME: equally priced homes
- 95636, CA: higher priced homes
- 93544, CA: higher priced homes
- 06794, CT: higher priced homes
- 14109, NY: higher priced homes
- 14784, NY: higher priced homes
- 93518, CA: higher priced homes
- 15225, PA: higher priced homes
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