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Ridgeville town, IN

ZIP 47380 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 47380

Median Home Value
$84,900
Median Rent
$363
Affordability Snapshot
$23,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$545/mo PITI).

8%
Rent-to-Income Ratio

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

1.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.5 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 47380 in Ridgeville town, IN, a household would need roughly $23,000 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 $545. That sits below the local median household income ($55,278), 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
83.0%+27% vs US avg
x
Vacancy Rate
7.3%-30% vs US avg
x
Broadband Access
83.1%-4% vs US avg
x
4+ Bedrooms
2.3%-85% vs US avg
x
Built Pre-1939
3.4%-73% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
34.2%-31% vs US avg
x
Mortgage-Free
51.6%+35% vs US avg
x
$84,900
Home Value
$363
Rent
1938
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached84.9%
  • 1-unit attached0.0%
  • 2-9 units1.8%
  • 10+ units0.0%
  • Mobile home & other13.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$84,900
Median rent$363
Owner-occupied83.0%
Vacant7.3%
Price-to-income1.5x
Est. income to buy$23,000