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, IN

ZIP 46798 — 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 46798

Median Home Value
$182,600
Median Rent
$802
Affordability Snapshot
$50,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,173/mo PITI).

12%
Rent-to-Income Ratio

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

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.0 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 46798 in IN, a household would need roughly $50,000 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 $1,173. That sits below the local median household income ($78,451), 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 15% — check local market conditions.

Heating Fuel
Housing Metrics

Historic housing stock (27% built before 1939)

Owner Occupied
83.7%+28% vs US avg
x
Vacancy Rate
14.6%+41% vs US avg
x
Broadband Access
93.3%+7% vs US avg
x
4+ Bedrooms
1.8%-88% vs US avg
x
Built Pre-1939
27.1%+111% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
10.3%-79% vs US avg
x
Mortgage-Free
36.1%-5% vs US avg
x
$182,600
Home Value
$802
Rent
1947
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

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

  • 1-unit detached82.0%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other18.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$182,600
Median rent$802
Owner-occupied83.7%
Vacant14.6%
Price-to-income2.3x
Est. income to buy$50,000