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Hamlet town, IN

ZIP 46532 — 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 46532

Median Home Value
$121,900
Median Rent
$600
Affordability Snapshot
$34,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$783/mo PITI).

10%
Rent-to-Income Ratio

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

1.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

16.9 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 46532 in Hamlet town, IN, a household would need roughly $34,000 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 $783. That sits below the local median household income ($71,339), 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

Vacancy rate 25% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
87.5%+34% vs US avg
x
Vacancy Rate
24.9%+141% vs US avg
x
Broadband Access
81.2%-7% vs US avg
x
4+ Bedrooms
6.1%-59% vs US avg
x
Built Pre-1939
5.2%-59% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
12.3%-75% vs US avg
x
Mortgage-Free
28.4%-26% vs US avg
x
$121,900
Home Value
$600
Rent
1955
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached92.1%
  • 1-unit attached0.7%
  • 2-9 units1.7%
  • 10+ units1.2%
  • Mobile home & other4.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$121,900
Median rent$600
Owner-occupied87.5%
Vacant24.9%
Price-to-income1.7x
Est. income to buy$34,000