Indiana

Montgomery County

ZIP 47990

38,155 residents94 permits TTM$66,571 median HHI11 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$166,300

ACS 5-Year

Cap rate proxy

6.0%

FMR × 0.65 ÷ Home Value

Rent-to-income

14.9%

HUD FMR ÷ ACS HHI

Net migration

+1.24%

IRS SOI

Permits (TTM)

94

Census BPS

Climate risk

41.0

FEMA NRI (0–100)

ZIP 47990

Median home value

Gross yield

Buy Box score

0.6

Section 8 gap

Affordability

P/I: 3.0R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown11 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
479166.0%
479656.0%
479676.0%
47968$166,300county est.$1,2108.7%6.0%31.6%
479946.0%
479555.5%
47933$220,562$1,2306.7%5.1%24.1%
479905.0%
479894.8%
479404.7%
479544.4%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

77.8%

Census ACS

Vacancy rate

6.1%

Census ACS

Bachelor's degree +

19.5%

Census ACS

Rent burdened

38.3%

Census ACS (>30% income)

Median age

40.0

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