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ZIP Code 47370

Learn about the people, housing, costs and businesses in 47370

Median Home$109,900
Median Rent$776/month
Population2,051
Leading IndustryRetail21% of local workforce
Home Value Growth+7.4% over 2 years
Retirees22% of residentsnear the national average
Homeowners77% of occupied units
NotableVeteran Community11% of residents · top 11% nationally
NotableAffordable Market$110k median home · lower cost than 91% of the country
ZIP Code
47370

Frequently Asked Questions

What are today's mortgage rates in ZIP code 47370?

As of today, the 30-year fixed mortgage rate for ZIP code 47370 is approximately 7.329% (7.380% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in ZIP code 47370?

The median home value in ZIP code 47370 is $110k. The median monthly rent is $776. Annual property taxes average $863. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 47370?

Home values in ZIP code 47370 have increased 7.4% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 47370?

Based on a typical all-in ownership cost of $753/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 47370 is $58k/year.

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What industries drive the economy in ZIP code 47370?

The largest employment sectors in ZIP code 47370 are public administration (23%) and retail (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.