ZIP code 47203: income, home prices and cost of living

The median household income in ZIP 47203 is $70,595, which is 6% above the Indiana median of $66,588 and 3% above the national figure. The typical home is valued at $209,700, and the median rent is $930/month. 78.3% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$70,595

Indiana average
$66,5886%
National
$68,7503%

Median home value

$209,700

Indiana average
$160,50031%
National
$209,600

Median gross rent

$930

Indiana average
$8707%
National
$9845%

Median age

40.5 yrs

Indiana average
40.1 yrs
National
41.0 yrs1%

Homeownership rate

78.3%

Indiana average
79.9%2%
National
75.8%3%

Bachelor's degree or higher

22.3%

Indiana average
13.0%72%
National
15.9%40%

How ZIP 47203 compares with Indiana and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Nearby ZIP codes in Indiana

47201472204717247170471674724047165472434725047150

Or compare 47203 with 47201.

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What people search about ZIP 47203

Searches for the cost of living in 47203, the median household income in 47203, average rent in 47203 and home values in this part of Indiana all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 47203, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.