47854, Hillsdale, IN

The zip code of 47854 in Hillsdale, Indiana has a population of just over 10,000 people. The median household income is just over $60,000 and the home equity in this zip code is around $225,000. This means that the home prices in this zip code are quite high.

One reason that the home prices in this zip code are so high is because there are a lot of wealthy people living in this area. Many of these people own their homes outright or have mortgages that are relatively low compared to other areas of the country. This means that they can afford to pay more for their homes than someone who lives in a less affluent area.

Another reason why the home prices in this zip code are high is because there is a lot of demand for housing here. There are a lot of families who want to live close to where they work and there are also a lot of young professionals who want to live close to where they want to spend their time. Because there is so much demand for housing here, the home prices have been able to increase significantly over the past few years.