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Mecca town, IN

ZIP 47860 — 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 47860

Median Home Value
$56,000
Median Rent
$391
Affordability Snapshot
$15,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$360/mo PITI).

12%
Rent-to-Income Ratio

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

1.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

11.9 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 47860 in Mecca town, IN, a household would need roughly $15,000 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 $360. That sits below the local median household income ($39,808), 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
57.6%-12% vs US avg
x
Vacancy Rate
10.7%+4% vs US avg
x
Broadband Access
76.6%-12% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
1.9%-85% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
10.3%-79% vs US avg
x
Mortgage-Free
65.1%+70% vs US avg
x
$56,000
Home Value
$391
Rent
1938
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached72.8%
  • 1-unit attached0.0%
  • 2-9 units4.9%
  • 10+ units0.5%
  • Mobile home & other21.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$56,000
Median rent$391
Owner-occupied57.6%
Vacant10.7%
Price-to-income1.4x
Est. income to buy$15,000