US5.com
  1. Home
  2. States
  3. Indiana
  4. ZIP 46537
  5. Housing & Real Estate
La Paz town, IN

ZIP 46537 — 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 46537

Median Home Value
$125,400
Median Rent
$534
Affordability Snapshot
$35,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$806/mo PITI).

10%
Rent-to-Income Ratio

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

2.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.6 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 46537 in La Paz town, IN, a household would need roughly $35,000 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 $806. That sits below the local median household income ($61,813), 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 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
91.0%+39% vs US avg
x
Vacancy Rate
13.4%+30% vs US avg
x
Broadband Access
85.3%-2% vs US avg
x
4+ Bedrooms
1.4%-90% vs US avg
x
Built Pre-1939
14.1%+10% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
9.1%-82% vs US avg
x
Mortgage-Free
26.5%-31% vs US avg
x
$125,400
Home Value
$534
Rent
1954
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 detached69.6%
  • 1-unit attached1.4%
  • 2-9 units14.1%
  • 10+ units0.0%
  • Mobile home & other14.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$125,400
Median rent$534
Owner-occupied91.0%
Vacant13.4%
Price-to-income2.0x
Est. income to buy$35,000