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ZIP 47547
Housing & Real Estate

ZIP 47547 — Housing & Real Estate

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

Middle Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 47547

Median Home Value

$192,400

Median Rent

$515

Affordability Snapshot

$53,000

Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,236/mo PITI).

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.

31.1 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 47547, a household would need roughly $53,000 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 $1,236. That sits below the local median household income ($66,445), 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

Diverse housing tenure.

Heating Fuel

Housing Metrics

Owner Occupied

57.3%-12% vs US avg

Vacancy Rate

0.0%

Broadband Access

85.5%-2% vs US avg

4+ Bedrooms

3.4%-77% vs US avg

Built Pre-1939

16.3%+27% vs US avg

Built Post-2014

0.0%

Rent Burden >30%

11.8%-76% vs US avg

Mortgage-Free

38.9%+2% vs US avg

$192,400

Home Value

$515

Rent

1964

Year Built

2014

Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

1-unit detached75.2%
1-unit attached2.3%
2-9 units10.3%
10+ units12.1%
Mobile home & other0.0%

ZIP 47547 — Housing & Real Estate

Housing & Real Estate in ZIP Code 47547

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