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Mooreland town, IN

ZIP 47360 — 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 47360

Median Home Value
$186,900
Median Rent
$696
Affordability Snapshot
$51,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,201/mo PITI).

13%
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.

22.4 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 47360 in Mooreland town, IN, a household would need roughly $51,000 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 $1,201. That sits below the local median household income ($65,227), 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
77.5%+19% vs US avg
x
Vacancy Rate
8.7%-16% vs US avg
x
Broadband Access
84.8%-3% vs US avg
x
4+ Bedrooms
1.2%-92% vs US avg
x
Built Pre-1939
9.8%-23% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
20.7%-58% vs US avg
x
Mortgage-Free
39.3%+3% vs US avg
x
$186,900
Home Value
$696
Rent
1949
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached92.4%
  • 1-unit attached0.5%
  • 2-9 units2.2%
  • 10+ units0.2%
  • Mobile home & other4.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$186,900
Median rent$696
Owner-occupied77.5%
Vacant8.7%
Price-to-income2.9x
Est. income to buy$51,000