Indiana
Jay County
ZIP 47381
20,281 residents19 permits TTM$54,114 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$110,100
ACS 5-Year
Cap rate proxy
8.3%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.0%
HUD FMR ÷ ACS HHI
Net migration
+0.89%
IRS SOI
Permits (TTM)
19
Census BPS
Climate risk
22.9
FEMA NRI (0–100)
ZIP 47381
Median home value
$110,100
Gross yield
10.4%
Cap rate
8.3%
Rent gap
19.9%
Affordability
P/I: 2.0R/I: —
Section 8 detail
SAFMR: $956Rent: $766Gap: 24.8%
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 47326 | $255,594 | $956 | 4.5% | 3.6% | 19.9% |
| 47336 | $125,403 | $956 | 9.1% | 7.3% | 19.9% |
| 47369 | $163,869 | $956 | 7.0% | 5.6% | 19.9% |
| 47371 | $163,544 | $956 | 7.0% | 5.6% | 19.9% |
| 47373 | $137,336 | $956 | 8.4% | 6.7% | 19.9% |
Ranked by composite score
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Demographics
Owner-occupied
78.0%
Census ACS
Vacancy rate
10.7%
Census ACS
Bachelor's degree +
12.7%
Census ACS
Rent burdened
35.5%
Census ACS (>30% income)
Median age
39.6
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