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Wheatfield town, IN

ZIP 46392 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 46392

Median Home Value
$228,200
Median Rent
$753
Affordability Snapshot
$63,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,466/mo PITI).

10%
Rent-to-Income Ratio

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

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

25.3 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 46392 in Wheatfield town, IN, a household would need roughly $63,000 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 $1,466. That sits below the local median household income ($93,875), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
86.6%+32% vs US avg
x
Vacancy Rate
7.5%-27% vs US avg
x
Broadband Access
93.0%+7% vs US avg
x
4+ Bedrooms
2.3%-84% vs US avg
x
Built Pre-1939
4.0%-68% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
18.0%-64% vs US avg
x
Mortgage-Free
37.7%-1% vs US avg
x
$228,200
Home Value
$753
Rent
1994
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached89.3%
  • 1-unit attached0.5%
  • 2-9 units4.8%
  • 10+ units0.4%
  • Mobile home & other5.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$228,200
Median rent$753
Owner-occupied86.6%
Vacant7.5%
Price-to-income2.4x
Est. income to buy$63,000