Housing costs in Woodburn?
A typical home costs
$210,400, which is 37.8% less expensive than the national average of
$338,100 and 5.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Woodburn costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 2.1% cheaper than the state average of
$980.
Can I afford Woodburn?
To live comfortably in Woodburn (zip 46797), Indiana, a minimum annual income of
$40,320 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Woodburn?
The cost of living in 46797 Woodburn, IN is relatively low compared to the national average. The median home price here is just under $150,000, while the median household income is about $59,000. This means that housing costs make up a smaller portion of peoples' income here than in most other places. Groceries and transportation are also cheaper than in most other places in the United States, allowing people to stretch their money further. All these factors contribute to an overall lower cost of living compared to other areas across the country.