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Roanoke town, IN

ZIP 46783 — 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 46783

Median Home Value
$283,300
Median Rent
$690
Affordability Snapshot
$78,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,820/mo PITI).

8%
Rent-to-Income Ratio

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

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

34.2 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 46783 in Roanoke town, IN, a household would need roughly $78,000 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 $1,820. That sits below the local median household income ($98,679), 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
91.0%+39% vs US avg
x
Vacancy Rate
5.0%-51% vs US avg
x
Broadband Access
93.1%+7% vs US avg
x
4+ Bedrooms
9.3%-37% vs US avg
x
Built Pre-1939
1.7%-87% vs US avg
x
Built Post-2014
3.1%-56% vs US avg
x
Rent Burden >30%
8.2%-84% vs US avg
x
Mortgage-Free
27.0%-29% vs US avg
x
$283,300
Home Value
$690
Rent
1994
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 detached89.3%
  • 1-unit attached1.0%
  • 2-9 units1.8%
  • 10+ units1.7%
  • Mobile home & other6.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$283,300
Median rent$690
Owner-occupied91.0%
Vacant5.0%
Price-to-income2.9x
Est. income to buy$78,000