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ZIP 46581 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 46581

Median Home Value
$123,300
Median Rent
$681
Affordability Snapshot
$34,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$792/mo PITI).

14%
Rent-to-Income Ratio

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

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

15.1 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 46581, a household would need roughly $34,000 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 $792. That sits below the local median household income ($57,240), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
54.3%-17% vs US avg
x
Vacancy Rate
8.9%-14% vs US avg
x
Broadband Access
80.8%-7% vs US avg
x
4+ Bedrooms
1.0%-93% vs US avg
x
Built Pre-1939
5.3%-58% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
10.5%-79% vs US avg
x
Mortgage-Free
31.7%-17% vs US avg
x
$123,300
Home Value
$681
Rent
1938
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 detached57.8%
  • 1-unit attached4.2%
  • 2-9 units25.9%
  • 10+ units10.7%
  • Mobile home & other1.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$123,300
Median rent$681
Owner-occupied54.3%
Vacant8.9%
Price-to-income2.2x
Est. income to buy$34,000