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Cayuga town, IN

ZIP 47928 — 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 47928

Median Home Value
$98,500
Median Rent
$528
Affordability Snapshot
$27,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$633/mo PITI).

11%
Rent-to-Income Ratio

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

1.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

15.5 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 47928 in Cayuga town, IN, a household would need roughly $27,000 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 $633. That sits below the local median household income ($57,917), 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 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
83.6%+28% vs US avg
x
Vacancy Rate
15.5%+50% vs US avg
x
Broadband Access
83.4%-4% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
6.9%-46% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
18.6%-62% vs US avg
x
Mortgage-Free
37.0%-3% vs US avg
x
$98,500
Home Value
$528
Rent
1974
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached86.0%
  • 1-unit attached0.7%
  • 2-9 units1.4%
  • 10+ units0.8%
  • Mobile home & other11.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$98,500
Median rent$528
Owner-occupied83.6%
Vacant15.5%
Price-to-income1.7x
Est. income to buy$27,000