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Evansville city, IN

ZIP 47712 — 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 47712

Median Home Value
$173,500
Median Rent
$763
Affordability Snapshot
$48,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,115/mo PITI).

14%
Rent-to-Income Ratio

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

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

18.9 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 47712 in Evansville city, IN, a household would need roughly $48,000 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 $1,115. That sits below the local median household income ($64,285), 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
63.0%-4% vs US avg
x
Vacancy Rate
8.8%-15% vs US avg
x
Broadband Access
87.6%+1% vs US avg
x
4+ Bedrooms
2.3%-85% vs US avg
x
Built Pre-1939
7.1%-45% vs US avg
x
Built Post-2014
0.4%-95% vs US avg
x
Rent Burden >30%
22.1%-55% vs US avg
x
Mortgage-Free
40.8%+7% vs US avg
x
$173,500
Home Value
$763
Rent
1969
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 detached72.1%
  • 1-unit attached2.0%
  • 2-9 units11.7%
  • 10+ units12.3%
  • Mobile home & other1.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$173,500
Median rent$763
Owner-occupied63.0%
Vacant8.8%
Price-to-income2.7x
Est. income to buy$48,000