US5.com
  1. Home
  2. States
  3. Indiana
  4. ZIP 47470
  5. Housing & Real Estate
Williams CDP, IN

ZIP 47470 — 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 47470

Median Home Value
$191,000
Median Rent
$818
Affordability Snapshot
$53,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,227/mo PITI).

14%
Rent-to-Income Ratio

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

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.5 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 47470 in Williams CDP, IN, a household would need roughly $53,000 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 $1,227. That sits below the local median household income ($71,936), 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 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
91.1%+39% vs US avg
x
Vacancy Rate
18.9%+83% vs US avg
x
Broadband Access
83.1%-4% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
0.0%
x
Built Post-2014
0.0%
x
Rent Burden >30%
13.0%-74% vs US avg
x
Mortgage-Free
41.8%+9% vs US avg
x
$191,000
Home Value
$818
Rent
1989
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

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

  • 1-unit detached80.8%
  • 1-unit attached0.0%
  • 2-9 units4.7%
  • 10+ units0.0%
  • Mobile home & other14.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$191,000
Median rent$818
Owner-occupied91.1%
Vacant18.9%
Price-to-income2.7x
Est. income to buy$53,000