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Tennyson town, IN

ZIP 47637 — 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 47637

Median Home Value
$165,000
Median Rent
$543
Affordability Snapshot
$45,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,060/mo PITI).

10%
Rent-to-Income Ratio

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

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

25.3 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 47637 in Tennyson town, IN, a household would need roughly $45,000 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 $1,060. That sits below the local median household income ($67,000), 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 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
87.7%+34% vs US avg
x
Vacancy Rate
15.4%+50% vs US avg
x
Broadband Access
86.7%-0% vs US avg
x
4+ Bedrooms
3.4%-77% vs US avg
x
Built Pre-1939
10.4%-19% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
1.7%-97% vs US avg
x
Mortgage-Free
42.0%+10% vs US avg
x
$165,000
Home Value
$543
Rent
1979
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 detached80.3%
  • 1-unit attached0.0%
  • 2-9 units1.8%
  • 10+ units0.0%
  • Mobile home & other17.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$165,000
Median rent$543
Owner-occupied87.7%
Vacant15.4%
Price-to-income2.5x
Est. income to buy$45,000