Indiana
Adams County
35,995 residents104 permits TTM$63,128 median HHI4 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$173,100
ACS 5-Year
Cap rate proxy
5.5%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.2%
HUD FMR ÷ ACS HHI
Net migration
+0.74%
IRS SOI
Permits (TTM)
104
Census BPS
Climate risk
52.1
FEMA NRI (0–100)
ZIP code breakdown4 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 46733 | $225,799 | $960 | 5.1% | 4.2% | 16.8% |
| 46711 | — | — | — | 3.8% | — |
| 46740 | — | — | — | 3.6% | — |
| 46772 | — | — | — | 2.8% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
82.2%
Census ACS
Vacancy rate
6.8%
Census ACS
Bachelor's degree +
15.2%
Census ACS
Rent burdened
32.5%
Census ACS (>30% income)
Median age
33.2
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 28, 2026