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Westfield city, IN

ZIP 46074 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 46074

Median Home Value
$400,000
Median Rent
$1,363
Affordability Snapshot
$110,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,569/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

24.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 46074 in Westfield city, IN, a household would need roughly $110,000 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 $2,569. That sits below the local median household income ($123,580), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
82.6%+26% vs US avg
x
Vacancy Rate
4.1%-60% vs US avg
x
Broadband Access
96.5%+11% vs US avg
x
4+ Bedrooms
14.9%+1% vs US avg
x
Built Pre-1939
0.5%-96% vs US avg
x
Built Post-2014
8.2%+19% vs US avg
x
Rent Burden >30%
24.1%-52% vs US avg
x
Mortgage-Free
21.9%-43% vs US avg
x
$400,000
Home Value
$1,363
Rent
2009
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached81.6%
  • 1-unit attached5.8%
  • 2-9 units5.2%
  • 10+ units5.8%
  • Mobile home & other1.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$400,000
Median rent$1,363
Owner-occupied82.6%
Vacant4.1%
Price-to-income3.2x
Est. income to buy$110,000