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, IN

ZIP 47175 — 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 47175

Median Home Value
$115,400
Median Rent
N/A
Affordability Snapshot
$32,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$741/mo PITI).

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

To comfortably buy a median-priced home in ZIP 47175 in IN, a household would need roughly $32,000 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 $741. That sits below the local median household income ($65,417), 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 40% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
94.9%+45% vs US avg
x
Vacancy Rate
40.2%+290% vs US avg
x
Broadband Access
87.9%+1% vs US avg
x
4+ Bedrooms
3.0%-79% vs US avg
x
Built Pre-1939
1.9%-85% vs US avg
x
Built Post-2014
5.0%-28% vs US avg
x
Rent Burden >30%
0.0%
x
Mortgage-Free
48.2%+26% vs US avg
x
$115,400
Home Value
N/A
Rent
1986
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 detached61.3%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other38.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$115,400
Median rent$-666,666,666
Owner-occupied94.9%
Vacant40.2%
Price-to-income1.8x
Est. income to buy$32,000