Indiana
Noble County
47,417 residents122 permits TTM$70,908 median HHI10 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$183,400
ACS 5-Year
Cap rate proxy
5.1%
FMR × 0.65 ÷ Home Value
Rent-to-income
13.1%
HUD FMR ÷ ACS HHI
Net migration
+1.72%
IRS SOI
Permits (TTM)
122
Census BPS
Climate risk
44.2
FEMA NRI (0–100)
ZIP code breakdown10 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 46796 | — | — | — | 5.1% | — |
| 46794 | — | — | — | 4.3% | — |
| 46755 | — | — | — | 4.3% | — |
| 46732 | — | — | — | 4.1% | — |
| 46760 | — | — | — | 4.0% | — |
Ranked by composite score
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Demographics
Owner-occupied
76.2%
Census ACS
Vacancy rate
11.1%
Census ACS
Bachelor's degree +
17.8%
Census ACS
Rent burdened
38.8%
Census ACS (>30% income)
Median age
39.5
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