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Vincennes city, IN

ZIP 47591 — 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 47591

Median Home Value
$140,800
Median Rent
$581
Affordability Snapshot
$39,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$904/mo PITI).

12%
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.

20.2 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 47591 in Vincennes city, IN, a household would need roughly $39,000 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 $904. That sits below the local median household income ($57,862), 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 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
61.8%-6% vs US avg
x
Vacancy Rate
11.3%+10% vs US avg
x
Broadband Access
87.5%+1% vs US avg
x
4+ Bedrooms
2.1%-85% vs US avg
x
Built Pre-1939
6.4%-50% vs US avg
x
Built Post-2014
0.9%-87% vs US avg
x
Rent Burden >30%
15.7%-68% vs US avg
x
Mortgage-Free
39.9%+4% vs US avg
x
$140,800
Home Value
$581
Rent
1965
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached70.4%
  • 1-unit attached0.8%
  • 2-9 units17.1%
  • 10+ units7.4%
  • Mobile home & other4.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$140,800
Median rent$581
Owner-occupied61.8%
Vacant11.3%
Price-to-income2.4x
Est. income to buy$39,000