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Princeton city, IN

ZIP 47670 — 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 47670

Median Home Value
$140,400
Median Rent
$654
Affordability Snapshot
$39,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$902/mo PITI).

12%
Rent-to-Income Ratio

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

2.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.9 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 47670 in Princeton city, IN, a household would need roughly $39,000 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 $902. That sits below the local median household income ($65,873), 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
68.2%+4% vs US avg
x
Vacancy Rate
13.7%+33% vs US avg
x
Broadband Access
85.8%-1% vs US avg
x
4+ Bedrooms
1.5%-90% vs US avg
x
Built Pre-1939
4.9%-62% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
17.2%-65% vs US avg
x
Mortgage-Free
37.2%-3% vs US avg
x
$140,400
Home Value
$654
Rent
1972
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached73.4%
  • 1-unit attached1.1%
  • 2-9 units12.4%
  • 10+ units6.9%
  • Mobile home & other6.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$140,400
Median rent$654
Owner-occupied68.2%
Vacant13.7%
Price-to-income2.1x
Est. income to buy$39,000