Indiana
Henry County
ZIP 47385
48,896 residents45 permits TTM$60,144 median HHI15 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$140,200
ACS 5-Year
Cap rate proxy
6.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.1%
HUD FMR ÷ ACS HHI
Net migration
+1.69%
IRS SOI
Permits (TTM)
45
Census BPS
Climate risk
44.8
FEMA NRI (0–100)
ZIP 47385
Median home value
—
Gross yield
—
Buy Box score
0.6
Section 8 gap
—
Affordability
P/I: 3.3R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown15 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 47362 | — | — | — | 0.8 | — |
| 46148 | $140,200 | $1,100 | 9.4% | 0.6 | 36.3% |
| 47384 | $140,200 | $1,100 | 9.4% | 0.6 | 36.3% |
| 47385 | — | — | — | 0.6 | — |
| 47356 | — | — | — | 0.5 | — |
| 47360 | — | — | — | 0.4 | — |
| 47386 | — | — | — | 0.4 | — |
| 47337 | — | — | — | — | — |
| 47344 | — | — | — | — | — |
| 47351 | — | — | — | — | — |
| 47352 | — | — | — | — | — |
| 47361 | — | — | — | — | — |
| 47366 | — | — | — | — | — |
| 47387 | — | — | — | — | — |
| 47388 | — | — | — | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
75.9%
Census ACS
Vacancy rate
12.0%
Census ACS
Bachelor's degree +
16.7%
Census ACS
Rent burdened
34.3%
Census ACS (>30% income)
Median age
42.1
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