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These days, finding an affordable place to live in the 47975 area can be challenging. Home prices in 47975 are now at a median cost of $154,604, lower than the Indiana average of $175,617.
The average cost of rent is $710/mo in 47975, primarily driven by the current value of real estate in the 47975 area. While nearly 29.55% of residents own their homes outright in 47975, 16.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47975 is $6,612 per month. Households that rent pay about 10.74% of their income on rent here. 47975's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 47986, IN: less expensive homes
- 47971, IN: less expensive homes
- 47921, IN: less expensive homes
- 47970, IN: equally priced homes
- 47918, IN: less expensive homes
- 47917, IN: less expensive homes
- 47992, IN: higher priced homes
- 47906, IN: higher priced homes
- 47907, IN: higher priced homes
- 47901, IN: less expensive homes
Zip Codes with Similar Populations
- 63821, MO: less expensive homes
- 60479, IL: higher priced homes
- 60961, IL: equally priced homes
- 61437, IL: less expensive homes
- 61545, IL: higher priced homes
- 61811, IL: less expensive homes
- 62635, IL: less expensive homes
- 62990, IL: less expensive homes
- 62997, IL: less expensive homes
- 63333, MO: less expensive homes
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