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Emison CDP, IN

ZIP 47561 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 47561

Median Home Value
$85,600
Median Rent
$483
Affordability Snapshot
$24,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$550/mo PITI).

14%
Rent-to-Income Ratio

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

2.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.8 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 47561 in Emison CDP, IN, a household would need roughly $24,000 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 $550. That sits below the local median household income ($42,202), 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 14% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
64.7%-1% vs US avg
x
Vacancy Rate
13.6%+32% vs US avg
x
Broadband Access
89.3%+3% vs US avg
x
4+ Bedrooms
2.6%-82% vs US avg
x
Built Pre-1939
10.0%-22% vs US avg
x
Built Post-2014
0.6%-92% vs US avg
x
Rent Burden >30%
5.9%-88% vs US avg
x
Mortgage-Free
48.9%+28% vs US avg
x
$85,600
Home Value
$483
Rent
1970
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached62.8%
  • 1-unit attached0.0%
  • 2-9 units16.1%
  • 10+ units0.3%
  • Mobile home & other20.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$85,600
Median rent$483
Owner-occupied64.7%
Vacant13.6%
Price-to-income2.0x
Est. income to buy$24,000