Indiana

Jefferson County

ZIP 47138

33,074 residents66 permits TTM$59,987 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$180,600

ACS 5-Year

Cap rate proxy

5.7%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.3%

HUD FMR ÷ ACS HHI

Net migration

+0.90%

IRS SOI

Permits (TTM)

66

Census BPS

Climate risk

48.3

FEMA NRI (0–100)

ZIP 47138

Median home value

$180,600

Gross yield

9.5%

Buy Box score

0.7

Section 8 gap

65.3%

Affordability

P/I: 4.1R/I:

Section 8 detail

SAFMR: $1,430Rent: $865Gap: 65.3%
ZIP code breakdown6 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
47138$180,600$1,4309.5%0.765.3%
47243$180,600$1,0707.1%0.323.7%
472300.3
472500.3
47224
47231

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

69.4%

Census ACS

Vacancy rate

12.1%

Census ACS

Bachelor's degree +

18.1%

Census ACS

Rent burdened

35.6%

Census ACS (>30% income)

Median age

41.6

Census ACS

Data sources
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