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, IN

ZIP 47468 — 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 47468

Median Home Value
$282,600
Median Rent
$873
Affordability Snapshot
$78,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,815/mo PITI).

13%
Rent-to-Income Ratio

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

3.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

27.0 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 47468 in IN, a household would need roughly $78,000 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 $1,815. That is roughly in line with the local median household income ($81,979). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 29% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
87.0%+33% vs US avg
x
Vacancy Rate
29.4%+185% vs US avg
x
Broadband Access
86.8%-0% vs US avg
x
4+ Bedrooms
1.8%-88% vs US avg
x
Built Pre-1939
3.0%-77% vs US avg
x
Built Post-2014
0.8%-89% vs US avg
x
Rent Burden >30%
51.8%+4% vs US avg
x
Mortgage-Free
58.1%+52% vs US avg
x
$282,600
Home Value
$873
Rent
1974
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 detached81.8%
  • 1-unit attached2.4%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other15.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$282,600
Median rent$873
Owner-occupied87.0%
Vacant29.4%
Price-to-income3.4x
Est. income to buy$78,000