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These days, finding an affordable place to live in the 47993 area can be challenging. Home prices in 47993 are now at a median cost of $167,606, lower than the Indiana average of $232,932.
The average cost of rent is $800/mo in 47993, primarily driven by the current value of real estate in the 47993 area. In 47993, 20.07% of households rent, and 37.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47993 is $6,512 per month. Households that rent pay about 12.29% of their income on rent here. 47993’s most expensive areas are in the northeastern 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
- 47991, IN: less expensive homes
- 47918, IN: equally priced homes
- 47932, IN: equally priced homes
- 47982, IN: higher priced homes
- 47969, IN: equally priced homes
- 47987, IN: less expensive homes
- 47958, IN: less expensive homes
- 61814, IL: equally priced homes
- 61811, IL: less expensive homes
- 47992, IN: higher priced homes
Zip Codes with Similar Populations
- 25015, WV: less expensive homes
- 07064, NJ: higher priced homes
- 44442, OH: higher priced homes
- 80446, CO: higher priced homes
- 01370, MA: higher priced homes
- 16023, PA: higher priced homes
- 21536, MD: higher priced homes
- 36849, AL: higher priced homes
- 45218, OH: equally priced homes
- 40146, KY: less expensive homes
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