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These days, finding an affordable place to live in the 47994 area can be challenging. Home prices in 47994 are now at a median cost of $81,361, lower than the Indiana average of $175,617.
The average cost of rent is $524/mo in 47994, primarily driven by the current value of real estate in the 47994 area. While nearly 47.06% of residents own their homes outright in 47994, 26.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47994 is $5,317 per month. Households that rent pay about 9.85% of their income on rent here. 47994's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 47958, IN: higher priced homes
- 47969, IN: higher priced homes
- 47967, IN: higher priced homes
- 47990, IN: higher priced homes
- 47949, IN: higher priced homes
- 47955, IN: higher priced homes
- 47981, IN: higher priced homes
- 47987, IN: higher priced homes
- 47933, IN: higher priced homes
- 47993, IN: higher priced homes
Zip Codes with Similar Populations
- 68018, NE: higher priced homes
- 63430, MO: higher priced homes
- 64497, MO: higher priced homes
- 64641, MO: higher priced homes
- 64728, MO: higher priced homes
- 65627, MO: higher priced homes
- 66010, KS: higher priced homes
- 67137, KS: equally priced homes
- 67227, KS: higher priced homes
- 67444, KS: higher priced homes
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