Home Affordability in 47401
Bloomington, IN — Monroe County
The median home price in ZIP code 47401 (Bloomington) is $225,000 with a median household income of $42,000. The price-to-income ratio is 5.4x.
Median Home Price
$225,000
Median Income
$42,000
Price-to-Income
5.4x
Est. Affordable Home
$163,000
Property Tax Rate
0.80%
Annual Property Tax
$1,800
Cost of Living
90
Metro Area
Bloomington MSA
Down Payment Scenarios for ZIP 47401
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $6,750 | $218,250 | Yes |
| 5% | $11,250 | $213,750 | Yes |
| 10% | $22,500 | $202,500 | Yes |
| 20% | $45,000 | $180,000 | No |
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