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West College Corner town, IN

ZIP 47003 — 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 47003

Median Home Value
$155,400
Median Rent
$551
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$998/mo PITI).

8%
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.

23.5 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 47003 in West College Corner town, IN, a household would need roughly $43,000 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 $998. That sits below the local median household income ($79,205), 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
82.7%+26% vs US avg
x
Vacancy Rate
7.1%-31% vs US avg
x
Broadband Access
94.7%+9% vs US avg
x
4+ Bedrooms
2.1%-86% vs US avg
x
Built Pre-1939
4.8%-63% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
2.4%-95% vs US avg
x
Mortgage-Free
46.5%+22% vs US avg
x
$155,400
Home Value
$551
Rent
1969
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached81.6%
  • 1-unit attached0.2%
  • 2-9 units2.9%
  • 10+ units0.0%
  • Mobile home & other15.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$155,400
Median rent$551
Owner-occupied82.7%
Vacant7.1%
Price-to-income2.0x
Est. income to buy$43,000