Affordable
Expensive
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These days, finding an affordable place to live in the 47981 area can be challenging. Home prices in 47981 are now at a median cost of $223,253, higher than the Indiana average of $175,617.
The average cost of rent is $917/mo in 47981, primarily driven by the current value of real estate in the 47981 area. While nearly 24.77% of residents own their homes outright in 47981, 13.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47981 is $8,312 per month. Households that rent pay about 11.04% of their income on rent here. 47981's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 47955, IN: less expensive homes
- 47967, IN: less expensive homes
- 47983, IN: higher priced homes
- 47909, IN: less expensive homes
- 47992, IN: less expensive homes
- 47930, IN: less expensive homes
- 47994, IN: less expensive homes
- 47941, IN: less expensive homes
- 47940, IN: less expensive homes
- 47969, IN: less expensive homes
Zip Codes with Similar Populations
- 31836, GA: less expensive homes
- 50542, IA: less expensive homes
- 18070, PA: higher priced homes
- 18829, PA: less expensive homes
- 97466, OR: less expensive homes
- 95369, CA: higher priced homes
- 89001, NV: less expensive homes
- 82223, WY: equally priced homes
- 81523, CO: higher priced homes
- 50480, IA: less expensive homes
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