Median home value is about $339,500 — about even with the U.S. median home value ($348,079).
Housing tenure and rents show owner-occupancy near 86.8% (about 21.4 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 47943 in IN, a household would need roughly $93,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,181. That is about 45% above the local median household income ($64,231), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.