Indiana

Lawrence County

ZIP 47437

45,077 residents112 permits TTM$65,551 median HHI9 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$164,500

ACS 5-Year

Cap rate proxy

5.8%

FMR × 0.65 ÷ Home Value

Rent-to-income

14.6%

HUD FMR ÷ ACS HHI

Net migration

+1.19%

IRS SOI

Permits (TTM)

112

Census BPS

Climate risk

47.8

FEMA NRI (0–100)

ZIP 47437

Median home value

Gross yield

Cap rate

5.8%

Rent gap

Affordability

P/I: 2.5R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown9 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
474205.8%
474375.8%
474675.8%
474515.6%
474465.1%

Ranked by composite score

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Demographics

Owner-occupied

80.0%

Census ACS

Vacancy rate

6.7%

Census ACS

Bachelor's degree +

20.5%

Census ACS

Rent burdened

40.2%

Census ACS (>30% income)

Median age

43.5

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