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These days, finding an affordable place to live in the 47977 area can be challenging. Home prices in 47977 are now at a median cost of $117,378, lower than the Indiana average of $175,617.
The average cost of rent is $774/mo in 47977, primarily driven by the current value of real estate in the 47977 area. While nearly 40.63% of residents own their homes outright in 47977, 25.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47977 is $5,478 per month. Households that rent pay about 14.13% of their income on rent here. 47977's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 47995, IN: equally priced homes
- 47948, IN: less expensive homes
- 47922, IN: less expensive homes
- 47944, IN: less expensive homes
- 47980, IN: higher priced homes
- 47942, IN: less expensive homes
- 47951, IN: less expensive homes
- 47929, IN: higher priced homes
- 47959, IN: less expensive homes
- 47923, IN: higher priced homes
Zip Codes with Similar Populations
- 05440, VT: higher priced homes
- 12197, NY: higher priced homes
- 78056, TX: higher priced homes
- 37345, TN: higher priced homes
- 40486, KY: less expensive homes
- 42048, KY: less expensive homes
- 43944, OH: equally priced homes
- 44849, OH: equally priced homes
- 49026, MI: higher priced homes
- 58623, ND: higher priced homes
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