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New Paris CDP, IN

ZIP 46553 — 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 46553

Median Home Value
$245,800
Median Rent
$654
Affordability Snapshot
$68,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,579/mo PITI).

9%
Rent-to-Income Ratio

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

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

31.3 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 46553 in New Paris CDP, IN, a household would need roughly $68,000 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 $1,579. That sits below the local median household income ($85,861), 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
89.2%+36% vs US avg
x
Vacancy Rate
0.0%
x
Broadband Access
81.9%-6% vs US avg
x
4+ Bedrooms
7.2%-51% vs US avg
x
Built Pre-1939
5.3%-58% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
0.0%
x
Mortgage-Free
29.9%-22% vs US avg
x
$245,800
Home Value
$654
Rent
1980
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached97.6%
  • 1-unit attached2.0%
  • 2-9 units0.4%
  • 10+ units0.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$245,800
Median rent$654
Owner-occupied89.2%
Vacant0.0%
Price-to-income2.9x
Est. income to buy$68,000