Housing costs in Shelburn?
A typical home costs
$121,600, which is 64.0% less expensive than the national average of
$338,100 and 45.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Shelburn costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 12.6% cheaper than the state average of
$980.
Can I afford Shelburn?
To live comfortably in Shelburn (zip 47879), Indiana, a minimum annual income of
$23,400 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Shelburn?
The cost of living in 47879 Shelburn, IN is relatively affordable. The median home value is around $100,000 and the median rent is $955 per month. Property taxes are also low, with an effective rate of 0.9% at a median property tax bill of only $717 per year. Other costs such as groceries and transportation are also lower than the national average, making Shelburn an ideal location for anyone looking for a budget-friendly town to live in without compromising their lifestyle.