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ZIP 47202 — Housing & Real Estate

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

Middle Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 47202

Median Home Value
$111,600
Median Rent
$937
Affordability Snapshot
$31,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$717/mo PITI).

19%
Rent-to-Income Ratio

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

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

9.9 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 47202, a household would need roughly $31,000 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 $717. That sits below the local median household income ($60,399), 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
26.4%-60% vs US avg
x
Vacancy Rate
8.6%-16% vs US avg
x
Broadband Access
95.4%+10% vs US avg
x
4+ Bedrooms
0.1%-99% vs US avg
x
Built Pre-1939
10.2%-20% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
30.4%-39% vs US avg
x
Mortgage-Free
44.6%+17% vs US avg
x
$111,600
Home Value
$937
Rent
1953
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached44.6%
  • 1-unit attached3.7%
  • 2-9 units22.7%
  • 10+ units29.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$111,600
Median rent$937
Owner-occupied26.4%
Vacant8.6%
Price-to-income1.8x
Est. income to buy$31,000