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These days, finding an affordable place to live in the 47992 area can be challenging. Home prices in 47992 are now at a median cost of $276,429, higher than the Indiana average of $232,932.
The average cost of rent is $981/mo in 47992, primarily driven by the current value of real estate in the 47992 area. In 47992, 6.67% of households rent, and 33.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47992 is $9,788 per month. Households that rent pay about 10.02% of their income on rent here. 47992’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central 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
- 47909, IN: less expensive homes
- 47907, IN: less expensive homes
- 47981, IN: equally priced homes
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- 47970, IN: less expensive homes
- 47969, IN: less expensive homes
- 47906, IN: higher priced homes
- 47904, IN: less expensive homes
- 47905, IN: less expensive homes
Zip Codes with Similar Populations
- 45889, OH: equally priced homes
- 56009, MN: less expensive homes
- 55797, MN: less expensive homes
- 49759, MI: less expensive homes
- 49050, MI: equally priced homes
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- 01072, MA: higher priced homes
- 47561, IN: less expensive homes
- 46165, IN: equally priced homes
- 56050, MN: higher priced homes
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