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Evansville city, IN

ZIP 47711 — 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 47711

Median Home Value
$156,200
Median Rent
$689
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,003/mo PITI).

13%
Rent-to-Income Ratio

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

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

18.9 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 47711 in Evansville city, IN, a household would need roughly $43,000 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 $1,003. That sits below the local median household income ($65,398), 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 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
75.0%+15% vs US avg
x
Vacancy Rate
10.2%-1% vs US avg
x
Broadband Access
89.0%+2% vs US avg
x
4+ Bedrooms
2.4%-84% vs US avg
x
Built Pre-1939
15.2%+18% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
16.7%-66% vs US avg
x
Mortgage-Free
39.1%+2% vs US avg
x
$156,200
Home Value
$689
Rent
1961
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 detached84.0%
  • 1-unit attached2.3%
  • 2-9 units7.7%
  • 10+ units2.4%
  • Mobile home & other3.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$156,200
Median rent$689
Owner-occupied75.0%
Vacant10.2%
Price-to-income2.4x
Est. income to buy$43,000