Bloomington, IN · Indiana
Monroe County
ZIP 47406
139,822 residents1,154 permits TTM$63,372 median HHI11 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$261,700
ACS 5-Year
Cap rate proxy
5.3%
FMR × 0.65 ÷ Home Value
Rent-to-income
21.8%
HUD FMR ÷ ACS HHI
Net migration
+1.35%
IRS SOI
Permits (TTM)
1,154
Census BPS
Climate risk
76.0
FEMA NRI (0–100)
ZIP 47406
Median home value
—
Gross yield
—
Cap rate
5.3%
Rent gap
—
Affordability
P/I: 4.1R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown11 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 47404 | — | — | — | 6.2% | — |
| 47405 | — | — | — | 5.3% | — |
| 47406 | — | — | — | 5.3% | — |
| 47434 | — | — | — | 5.3% | — |
| 47458 | — | — | — | 5.3% | — |
Ranked by composite score
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Demographics
Owner-occupied
54.8%
Census ACS
Vacancy rate
10.2%
Census ACS
Bachelor's degree +
49.1%
Census ACS
Rent burdened
54.0%
Census ACS (>30% income)
Median age
31.4
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026