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Crothersville town, IN

ZIP 47229 — 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 47229

Median Home Value
$151,800
Median Rent
$709
Affordability Snapshot
$42,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$975/mo PITI).

14%
Rent-to-Income Ratio

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

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.8 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 47229 in Crothersville town, IN, a household would need roughly $42,000 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 $975. That sits below the local median household income ($62,917), 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
86.5%+32% vs US avg
x
Vacancy Rate
6.8%-34% vs US avg
x
Broadband Access
84.9%-2% vs US avg
x
4+ Bedrooms
1.9%-87% vs US avg
x
Built Pre-1939
6.9%-46% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
19.1%-62% vs US avg
x
Mortgage-Free
37.2%-3% vs US avg
x
$151,800
Home Value
$709
Rent
1971
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached81.2%
  • 1-unit attached0.4%
  • 2-9 units4.6%
  • 10+ units0.0%
  • Mobile home & other13.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$151,800
Median rent$709
Owner-occupied86.5%
Vacant6.8%
Price-to-income2.4x
Est. income to buy$42,000