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ZIP 47375 — Housing & Real Estate

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

Low Income Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 47375

Median Home Value
$69,000
Median Rent
$545
Affordability Snapshot
$19,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$443/mo PITI).

28%
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.

10.6 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 47375, a household would need roughly $19,000 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 $443. That sits below the local median household income ($23,728), 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 31% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
37.7%-42% vs US avg
x
Vacancy Rate
30.5%+196% vs US avg
x
Broadband Access
85.9%-1% vs US avg
x
4+ Bedrooms
3.3%-78% vs US avg
x
Built Pre-1939
7.3%-43% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
37.5%-25% vs US avg
x
Mortgage-Free
42.7%+12% vs US avg
x
$69,000
Home Value
$545
Rent
1938
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

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

  • 1-unit detached48.0%
  • 1-unit attached0.6%
  • 2-9 units33.0%
  • 10+ units18.4%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$69,000
Median rent$545
Owner-occupied37.7%
Vacant30.5%
Price-to-income2.9x
Est. income to buy$19,000