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Waterloo town, IN

ZIP 46793 — 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 46793

Median Home Value
$177,500
Median Rent
$664
Affordability Snapshot
$49,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,140/mo PITI).

11%
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.

22.3 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 46793 in Waterloo town, IN, a household would need roughly $49,000 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 $1,140. That sits below the local median household income ($74,412), 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
84.5%+29% vs US avg
x
Vacancy Rate
7.6%-26% vs US avg
x
Broadband Access
88.9%+2% vs US avg
x
4+ Bedrooms
1.9%-88% vs US avg
x
Built Pre-1939
0.5%-96% vs US avg
x
Built Post-2014
2.4%-65% vs US avg
x
Rent Burden >30%
22.0%-56% vs US avg
x
Mortgage-Free
35.5%-7% vs US avg
x
$177,500
Home Value
$664
Rent
1978
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 detached84.1%
  • 1-unit attached0.5%
  • 2-9 units7.9%
  • 10+ units0.5%
  • Mobile home & other7.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$177,500
Median rent$664
Owner-occupied84.5%
Vacant7.6%
Price-to-income2.4x
Est. income to buy$49,000