Chicago-Naperville-Elgin, IL-IN-WI · Indiana
Newton County
ZIP 47963
13,859 residents29 permits TTM$68,596 median HHI9 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$159,300
ACS 5-Year
Cap rate proxy
9.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.2%
HUD FMR ÷ ACS HHI
Net migration
+1.84%
IRS SOI
Permits (TTM)
29
Census BPS
Climate risk
11.7
FEMA NRI (0–100)
ZIP 47963
Median home value
$186,605
Gross yield
6.2%
Cap rate
6.0%
Rent gap
4.4%
Affordability
P/I: 2.7R/I: —
Section 8 detail
SAFMR: $970Rent: $927Gap: 4.6%
ZIP code breakdown9 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 46379 | $159,300county est. | $1,220 | 9.2% | 7.0% | 24.0% |
| 46381 | $159,300county est. | $1,270 | 9.6% | 7.0% | 27.0% |
| 47922 | $165,778 | $1,200 | 8.7% | 6.7% | 22.8% |
| 47964 | $159,300county est. | $1,010 | 7.6% | 7.0% | 8.2% |
| 47948 | $157,105 | $960 | 7.3% | 7.1% | 3.4% |
Ranked by composite score
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Demographics
Owner-occupied
80.2%
Census ACS
Vacancy rate
7.7%
Census ACS
Bachelor's degree +
13.7%
Census ACS
Rent burdened
38.8%
Census ACS (>30% income)
Median age
43.0
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